PHL, China cite substantial progress on economic and development cooperation

Philippine and Chinese officials have underscored the substantial progress made in revitalizing and strengthening economic relations between their two countries, which, they said, was the result of the “favorable and…

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DOF adopting faster import permit system

The Duterte administration is finalizing a new, faster system for securing import applications that currently involve more than 60 government agencies, as part of fresh measures to cut red tape…

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Inflation to remain manageable—DOF

Inflation will remain manageable in the coming months despite the acceleration in consumer prices to a three-month high of 3.1 percent from 2.8 percent a month ago, Finance Undersecretary Gil…

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Non-taxpayers to also benefit from TRAIN

Finance Secretary Carlos Dominguez III said even non-wage earners who will not get tax breaks under the proposed Tax Reform for Acceleration and Inclusion Act (TRAIN) will still benefit greatly…

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P19.73-B DOF budget for 2018 endorsed for House approval

The Committee on Appropriations of the House of Representatives has endorsed for congressional approval the P19.73-billion budget of the Department of Finance (DOF) for 2018, which decreased 16 percent from…

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DOF installing cybersecurity defense system

The Department of Finance (DOF) is now putting in place a comprehensive cybersecurity defense structure that will span all DOF units and attached agencies to shield their online portals and…

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DOF eyeing UP-UMaK tie up on new tax academy

The Department of Finance (DOF) is now coordinating with the School of Economics of the University of Philippines (UP) and the University of Makati (UMak) to explore possible tie ups…

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