For the month of September 2014, the BIR collected Php105.71 billion in tax revenues, Php2.72 billion or 2.64% over the collection goal for the month. This is also Php19.67 billion…
The Bureau of Customs seized an estimated 145,000 kilograms (145 metric tons) of glutinous (“malagkit”) rice and an estimated 200,000 kilograms (200 metric tons) of garlic illegally imported through the…
The Bureau of Customs (BOC) continues to generate revenues for the government through the sale of seized smuggled rice as the Bureau earned P161.35-Million from the public auction of about…
"The headline inflation eased to 4.4% YOY in September 2014, from a 4.9% level for the past two months. The deceleration is associated to the slower annual growth in heavily-weighted…
The Regional Trial Court (RTC) Branch 20 of Imus, Cavite issued a warrant of arrest on September 15, 2014 against Banlee C. Choa, former Chairman and President of the closed…
Bold Bidder Marketing and General Merchandise faces a barrage of smuggling-related cases filed by the Bureau of Customs (BOC) for the illegal entry of over 12.8-Million kilograms (over 12,800 Metric…
The value of smuggled illegal drugs and other controlled chemicals apprehended by the Bureau of Customs (BOC) reached P433.91-Million from January to May 2014, up 190% versus the P149.59-Million worth…
The Philippine Deposit Insurance Corporation (PDIC) will service the deposit insurance claims of depositors of the closed Rural Bank of Lobo, Inc. starting on October 7, 2014 from 8:00 AM…
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OECD Convention on Mutual Administrative Assistance in Tax Matters to Enhance Tax Compliance The Philippines has become the 68th signatory to the OECD Convention on Mutual Administrative Assistance in Tax…
