Gov’t debt ratio improves in September

The share of debt to the country’s economy slid further as of September this year as the gross domestic product (GDP) continued to grow faster than government liabilities, latest data…

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BOC takes cudgels for customs personnel still awaiting overtime pay

The new leadership at the Bureau of Customs has continued the persistent efforts made by its predecessors in calling the attention of Philippine Airlines (PAL) and Cebu Pacific (Cebu Pac)…

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DOF issues new eSRE reporting system for LGU treasurers

The Department of Finance (DOF) has required treasurers of local government units to include in their quarterly and annual financial reports to the DOF all environment and natural resources revenues…

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Mindanao Business Council backs tax reform plan

The Mindanao Business Council Inc. (MBCI) has given its full backing to the comprehensive tax reform program of the Duterte administration, describing it as “the starting point” to the attainment…

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DOF pushing automobile tax hike partly to help solve traffic crisis

The Department of Finance (DOF) is pushing the implementation of its proposed restructuring of the excise tax on automobiles not only to partly ensure the financial sustainability of the government’s…

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Gov’t incurs lower budget deficit in October

The national government incurred a fiscal deficit in October this year, but it was significantly lower compared to that of the same month a year ago, data from Bureau of…

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Duterte admin investing $23-B in tourism infra, says DOF exec

A hefty part of President Duterte's unparalleled public investments on his watch will be devoted to infrastructure servicing the tourism industry in keeping with his goal of transforming this sector…

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