Dominguez urges US investors to be part of PHL’s economic resurgence

Finance Secretary Carlos Dominguez III has called on American investors to take part in the Philippines’ resurgence as Asia’s next powerhouse as he assured them that the country’s economy continues…

Comments Off on Dominguez urges US investors to be part of PHL’s economic resurgence

GG DEBT AT 36.4 PERCENT OF GDP AS OF END-JUNE 2017

The country’s ratio of General Government (GG) Debt to the Gross Domestic Product (GDP) stood at 36.4 percent as of end-June 2017, slightly up from the 35.3 percent recorded as…

Comments Off on GG DEBT AT 36.4 PERCENT OF GDP AS OF END-JUNE 2017

Alibaba system insights to help PHL improve governance—Dominguez

HANGZHOU, China—The insights that a visiting Philippine delegation have gathered from taking part in last week's three-day learning workshop hosted by Alibaba Group founder Jack Ma here will help the…

Comments Off on Alibaba system insights to help PHL improve governance—Dominguez

TRAIN removes oppressive rates for delinquent tax payments

The Tax Reform for Acceleration and Inclusion (TRAIN) has done away with punitive and confiscatory interest rates that encourage delinquency rather than compliance in paying the correct amount of taxes,…

Comments Off on TRAIN removes oppressive rates for delinquent tax payments

DOF cites better collection of tobacco excise taxes with TRAIN

The year-on-year January 2018 inflation rate of 4 percent, which is still within the target set by the Bangko Sentral ng Pilipinas (BSP), was partly the result of better compliance…

Comments Off on DOF cites better collection of tobacco excise taxes with TRAIN