Manila, Beijing agree to speed up PHL projects for Chinese funding

Manila and Beijing have agreed to prioritize Philippine infrastructure projects that could be done in two to three years’ time in cooperation with China to ensure that these would be…

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Accountancy board undermining anti-red tape campaign

The government’s anti-red tape campaign spearheaded by the Department of Finance (DOF) has encountered snags following the insistence of the Board of Accountancy (BOA) to require the submission of compilation…

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BOC, BIR likely to achieve 2017 targets

Finance Secretary Carlos Dominguez III said he is "pretty sure" that the Bureaus of Customs (BOC) and of Internal Revenue (BIR) could attain their respective collection targets for this year,…

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BIR, BOC taking legal action vs Mighty for tax evasion

​Finance Secretary Carlos Dominguez III said that "the Bureaus of Internal Revenue (BIR) and of Customs (BOC) are now busy​ gathering evidence for submission to the Department of Justice (DOJ),…

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Cabinet execs bat for speedy passage of DOF’s CTRP in Congress

Members of the Duterte Cabinet have appealed to the Congress to swiftly pass the proposed Comprehensive Tax Reform Program (CTRP) that will empower government to overhaul the country’s obsolete tax…

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Cabinet officials pitch support for CTRP before Congress

Seven Cabinet Secretaries and five undersecretaries came in full force at Monday’s hearing of the House ways and means committee on the proposed Comprehensive Tax Reform Program (CTRP) to demonstrate…

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Ex-Sen. Romulo takes oath as DBP chairman

Finance Secretary Carlos Dominguez III swore into office last week former Sen. Alberto Romulo as the new chairman of the board of the Development Bank of the Philippines (DBP). Rogelio…

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P50-M to be allocated for review of mining contracts

The Department of Budget and Management (DBM) will allocate P50 million to enable the Mining Industry Coordinating Council (MICC) to undertake a comprehensive review of mining contracts nationwide, starting with…

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MICC OKs guidelines on ‘objective, science-based’ mining review

The Mining Industry Coordinating Council (MICC) has approved the guidelines on the conduct of an “objective, fact-finding, science-based” review of mining operations nationwide, starting with those ordered shuttered or suspended…

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