DOF seeks support of top economists in improving corporate taxation

Finance Secretary Carlos Dominguez III has sought the support of the country’s eminent economists behind the Duterte administration’s second tax reform package that aims, he said, to improve the corporate…

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SMEs get multibillion-peso tax breaks under TRAIN

Small and medium enterprises (SMEs) received tax breaks amounting to billions of pesos for the first six months of 2018 alone under the Tax Reform for Acceleration and Inclusion (TRAIN)…

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AFP, Coast Guard beefing up BOC anti-smuggling task force

The Bureau of Customs (BOC) is now discussing with the Armed Forces of the Philippines (AFP) and the Philippine Coast Guard (PCG) plans to expand its anti-smuggling task force by…

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Gov’t working on funding mix for P62-B Marawi rehab

The government is currently working on the funding mix for P52 billion of the five-year P62-billion budget for the rehabilitation and reconstruction of the devastated city of Marawi. Finance Secretary…

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Hybrid PPP ensures private sector role in infra buildup

The private sector will continue to play a lead role in the Duterte administration’s “Build, Build, Build” program, given that the construction as well as the operations and maintenance (O&M)…

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Tight spreads in PHL bond floats mark investor confidence on Duterte watch

Investors have demonstrated their high level of confidence in the Philippine economy under the Duterte administration with the tight spreads of the country’s dollar- and renminbi-denominated bonds issued earlier this…

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