Documents show luxury cars were declared as ‘plywood’ and ‘truck parts’ The Bureau of Customs' fight against corruption within its ranks scored another major victory as Deputy Collector Anicento Sanchez,…
Following its announcement of the results of its 18-month study of the money flow between government and the extractive industries, in which the participant oil, gas and metallic mining companies…
The Office of the Ombudsman dismissed the cases filed by suspected illegal rice importer Bold Bidder Marketing and General Merchandise against top officials of the Bureau of Customs, led by…
Delivered by Undersecretary Gil Beltran during the Year-End Celebration at the Department of Finance, 15 December 2014 The year 2014 is ending; once again, we are faced with a new…
Purisima: We welcome the upgrade, but we are still a notch underrated The Department of Finance welcomed news of Moody's upgrading the Philippines' credit rating from Baa3 to Baa2 by…
Credit rater cites continued favorable growth prospects relative to peers The Philippines secured another credit-rating upgrade from Moody’s Investors Service, which recognized the country’s declining debt burden, favorable growth prospects…
All valid insured deposit claims will be paid The Monetary Board (MB) placed the Rural Bank of Burauen (Leyte), Inc. under the receivership of the Philippine Deposit Insurance Corporation (PDIC)…
LGUs urged to raise more revenues, improve fiscal transparency The Department of Finance (DOF) has released in its Iskor ng ‘Yong Bayan website (http://iskor.blgf.gov.ph) the fiscal sustainability scorecards of 1,477…
Subsidies serve PWD interests better than unfeasible VAT exemptions The Department of Finance advised for more feasible and responsible measures in light of the passage of House Bill 1039, exempting…
Former mayor wife emerges unscathed from case A Bureau of Customs Collector has been ordered dismissed by the Ombudsman following failure to declare and explain wealth in a case his…
