The recent move by Fitch Ratings to upgrade the Philippines’ long-term foreign currency rating to “BBB” augurs well for the Philippines’ next global bond offering and provides a resounding endorsement…
The Department of Finance (DOF) sees the inflation rate remaining at a manageable level in the short term at the least after increases in consumer prices eased to 3.3 percent…
Finance Secretary Carlos Dominguez III has thanked the Congress for ratifying the Tax Reform for Acceleration and Inclusion Act (TRAIN) before the legislature takes its traditional yearend break this week,…
The planned community-based economic zone to be established in Marawi City is envisioned to be a center for marketing, technical training, and food processing ventures for micro, small and medium…
The Japan External Trade Organization (JETRO) has committed to further enhance trade and investment cooperation between Manila and Tokyo as it congratulated Philippine officials led by Finance Secretary Carlos Dominguez…
Finance Secretary Carlos Dominguez III leads today the destruction, via the co-processing method, of the first batch of some P3.316 billion-worth of Mighty and Marvel cigarettes bearing fake tax stamps that were confiscated in separate raids in March this year by joint teams from the Bureaus of Internal Revenue (BIR) and of Customs (BOC). The cigarettes were destroyed this morning at the Holcim Philippines Geocycle compound in Norzagaray, Bulacan.
The anti-corruption arm of the Department of Finance (DOF) is eyeing the filing of tax evasion charges on top of forfeiture cases against its officials and employees suspected of amassing…
Finance Secretary Carlos Dominguez III has directed the Bureau of Internal Revenue (BIR) to explore the possibility of amicably settling its pending and future tax disputes with government-owned and -…
An official of the National Economic and Development Authority (NEDA) said the Duterte administration’s Proposed Comprehensive Tax Reform Program (CTRP) will create about half a million jobs over the next…
The Association of Southeast Asian Nations (ASEAN) has noted “substantial progress” in the discussions on the regional taxation agreements among member countries of the 10-nation bloc, inching it closer to…
