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…

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Employees see cash bonanza with higher take-home pay under TRAIN

With the implementation of the Tax Reform for Acceleration and Inclusion Act (TRAIN) starting this January, non-minimum wage earners such as teachers, mall executives and car salespersons now enjoy an…

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​PHL-Japan h​igh-level infra meeting set in Cebu tomorrow ​

Philippine and Japanese officials will meet tomorrow (Feb. 12) in the island of Mactan in Cebu province ​to discuss the progress in​ the Duterte administration’s flagship infrastructure projects that Japan…

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PHL, Japan officials to meet in Cebu for high-level infra meeting

Philippine and Japanese officials are set to meet in the island of Mactan in Cebu on Feb. 12 to discuss the progress in the Duterte administration’s flagship infrastructure projects that…

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DOF eyeing Alibaba’s financial technology for OFWs

HANGZHOU, China—Finance Secretary Carlos Dominguez III has broached the possibility of tapping Alibaba’s fintech (financial technology) solutions through its related company Ant Financial to lower remittance costs for the Philippines’…

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PHL has catching up to do in digital race–Dominguez

HANGZHOU, China—Finance Secretary Carlos Dominguez III said the Philippines has a lot of catching up to do in the digital race, starting with modernizing its physical infrastructure, which the Duterte…

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DOF taps 65 of 76 regulatory agencies for online trading platform

The Department of Finance (DOF) has so far engaged 65 of the country’s 76 government regulatory agencies that are required to go online to streamline applications for permits on imports…

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