GG DEBT AT 36.4 PERCENT OF GDP AS OF END-JUNE 2017

The country’s ratio of General Government (GG) Debt to the Gross Domestic Product (GDP) stood at 36.4 percent as of end-June 2017, slightly up from the 35.3 percent recorded as…

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Alibaba system insights to help PHL improve governance—Dominguez

HANGZHOU, China—The insights that a visiting Philippine delegation have gathered from taking part in last week's three-day learning workshop hosted by Alibaba Group founder Jack Ma here will help the…

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TRAIN removes oppressive rates for delinquent tax payments

The Tax Reform for Acceleration and Inclusion (TRAIN) has done away with punitive and confiscatory interest rates that encourage delinquency rather than compliance in paying the correct amount of taxes,…

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DOF cites better collection of tobacco excise taxes with TRAIN

The year-on-year January 2018 inflation rate of 4 percent, which is still within the target set by the Bangko Sentral ng Pilipinas (BSP), was partly the result of better compliance…

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Employees see cash bonanza with higher take-home pay under TRAIN

With the implementation of the Tax Reform for Acceleration and Inclusion Act (TRAIN) starting this January, non-minimum wage earners such as teachers, mall executives and car salespersons now enjoy an…

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​PHL-Japan h​igh-level infra meeting set in Cebu tomorrow ​

Philippine and Japanese officials will meet tomorrow (Feb. 12) in the island of Mactan in Cebu province ​to discuss the progress in​ the Duterte administration’s flagship infrastructure projects that Japan…

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