MICC begins review of mining operations

The interagency Mining Industry Coordinating Council (MICC) is set to begin this January its “fact-finding and science-based” review of an initial batch of 26 mine sites ordered either suspended or…

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DOF sees 7 percent growth, manageable inflation in 2018

An economic expansion of at least 7 percent is doable this year with the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law—the first package of the Comprehensive…

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YEARENDER: Warming of PHL-China ties result of PRRD foreign policy rebalancing

The Philippines’ economic relations with its neighbors in the region such as China continued to improve in 2017 following President Duterte’s foreign policy rebalancing towards Asia. Aid, concessional financing, and…

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BIR assures DOF of streamlined documentary requirements for MSMEs

The Bureau of Internal Revenue (BIR) has assured the Department of Finance (DOF) that it will work double-time on streamlining processes for the documentary requirements of micro, small and medium-scale…

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Big logistics firms should help SMEs

Finance Secretary Carlos Dominguez III has cited the need for corporate giants in the logistics industry to help micro, small and medium enterprises (MSMEs) take advantage of the benefits of…

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Dominguez to BIR: Make tax-paying more convenient

Finance Secretary Carlos Dominguez III has directed the Bureau of Internal Revenue (BIR) to make the process of paying taxes more convenient as he lauded the agency for pursuing reforms…

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DOF focusing on 3 initiatives to improve ease of doing business

The Department of Finance (DOF) is harnessing the power of digital technology to implement three major initiatives in improving the ease of doing business in the country. According to Dr.…

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Reforms, infra buildup to boost PHL image as investment haven

A combination of tough bureaucratic and economic reforms, a long-due tax system overhaul and an unprecedented infrastructure buildup is guaranteed to enhance the country's image as an investment haven at…

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