Duterte orders DOF to ensure TRAIN’s effective implementation

President Duterte has instructed the Department of Finance (DOF) to ensure the effective implementation of the Tax Reform for Acceleration and Inclusion Act (TRAIN), and to immediately submit to Congress…

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Tax Academy to tie up with SUCs, open VisMin campuses

The Department of Finance (DOF) will tie up with State Universities and Colleges (SUCs) such as the University of the Philippines (UP) and the University of Makati (UMak) in setting…

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DOF backs swift passage of laws widening MSME access to financial services

The Department of Finance (DOF) has committed to support the swift passage of, and create an enabling environment for, pending legislative measures that would allow the use of non-traditional collateral…

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GOCC oversight body to review staffing of proposed tax academy

The Governance Commission for Government-Owned or –Controlled Corporations (GCG) will review the organizational and staff structure of the proposed Philippine Tax Academy (PTA) that will serve as a training institution…

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Credit rating upgrade bodes well for PHL global bond offering

The recent move by Fitch Ratings to upgrade the Philippines’ long-term foreign currency rating to “BBB” augurs well for the Philippines’ next global bond offering and provides a resounding endorsement…

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Inflation to remain at manageable levels—DOF

The Department of Finance (DOF) sees the inflation rate remaining at a manageable level in the short term at the least after increases in consumer prices eased to 3.3 percent…

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DOF thanks Congress for ratifying TRAIN

Finance Secretary Carlos Dominguez III has thanked the Congress for ratifying the Tax Reform for Acceleration and Inclusion Act (TRAIN) before the legislature takes its traditional yearend break this week,…

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Marawi ‘ecozone’ to be center for MSMEs

The planned community-based economic zone to be established in Marawi City is envisioned to be a center for marketing, technical training, and food processing ventures for micro, small and medium…

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