PHL’s Panda bond issue shakes up international market

The Philippines’ inaugural issue of Panda bonds last March 20 shook up the renminbi-denominated market with an “exceptionally tight debut” that marked the largest oversubscription ever of any sovereign Panda…

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PHL fast-tracking infra program to attain inclusive growth–Dominguez

SINGAPORE—Finance Secretary Carlos Dominguez III said here the Philippine government is continuously upgrading its institutional processes on approving and executing big-ticket infrastructure projects to hasten the implementation of its ambitious…

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DOF crafting PHPay system for government transactions

The Department of Finance (DOF) is now in the process of establishing an online-based payment gateway that will enable taxpayers and other state clients to remit fees and other charges…

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Business leaders back corporate tax reform

The country’s business leaders have expressed their full support for the Duterte administration’s proposed reforms in corporate taxation and the grant of investment incentives, which they described as “a bold…

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2 gov’t facilities set up to ensure infra projects meet global standards

The government’s economic team has put in place two facilities that would ensure that big-ticket infrastructure projects under the Duterte administration’s “Build, Build, Build” program meet international standards, according to…

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Review of mining operations begins

The interagency Mining Industry Coordinating Council (MICC) has kicked off its “fact-finding and science-based” review of an initial batch of 26 mine sites ordered either suspended or shut down last…

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DOF welcomes filing in Congress of corporate tax reform bill

Finance Secretary Carlos Dominguez III has welcomed the filing in the House of Representatives of a bill that aims to institute reforms in the country’s corporate tax system as he…

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