Yokohama output to help Asean+3 weather global shocks

Yokohama—The Philippines has thanked host Japan and the other ASEAN+3 countries (the Association of Southeast Asian Nations plus Japan, China and South Korea) for their active participation in the highly…

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Dominguez cites Asia’s efforts to improve corporate governance

YOKOHAMA—Finance Secretary Carlos Dominguez III has cited here the successful efforts by Asia’s economies over the past two decades to improve corporate governance and develop regional mechanisms to ensure financial…

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DOF lauds “substantial progress” in CTRP bill in Congress

Finance Undersecretary Karl Kendrick Chua said that “substantial progress” has been achieved in the Comprehensive Tax Reform Program (CTRP) bill now pending in the Congress after the House ways and…

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MICC multistakeholders review to continue, says DOF exec

The Department of Finance (DOF) is respecting the decision of the bicameral Commission on Appointments (CA) on the appointment of Ms. Regina Lopez as secretary of the Department of Environment…

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Hybrid’ PPP mode fast-tracks 2 Luzon road projects

A makeover of the Public-Private Partnership (PPP) program via the adoption of a novel “hybrid” formula has led to the fast-track implementation of two road projects in Luzon in barely…

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Dominguez backs LandBank jeep modernization program

DAVAO City--Finance Secretary Carlos Dominguez III said here over the weekend that public diplomacy is needed to spell popular support for the "politically challenging" plan of the Duterte administration to…

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Good fiscal management, not tax perks key to success of cooperatives

One of the key supporters in the Congress of the Duterte administration’s Comprehensive Tax Reform Program (CTRP) has advised cooperatives opposing the measure to focus on sound fiscal management, rather…

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DOF underscores consensus-building in crafting tax reform package

The Department of Finance (DOF) said a consensus-building approach has enabled the Duterte administration to refine the tax reform package it has originally submitted to the Congress, taking into account…

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CTRP ‘cornerstone’ of infra buildup funding

The Duterte administration’s unmatched infrastructure buildup over the next five years will be funded by a combination of resources from its proposed comprehensive tax reform program (CTRP), foreign development aid…

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Cambodia, Vietnam might even overtake PHL in tourism without infra buildup

Other emerging economies such as Cambodia and Vietnam could soon outpace the Philippines, especially in the tourism sector, unless the Duterte administration pushes through with its unprecedented public investment program…

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