The Bureau of Customs (BOC) has so far donated over 16,000 bags of rice equivalent to around 417,000 kilos to the Department of Social Welfare and Development (DWSD) to augment the government’s disaster relief efforts for typhoon victims.
Read MoreForeign investors that are qualified and performing well have no reason to be worried over a pending bill in the Congress that seeks to reform the country’s convoluted corporate income tax (CIT) system because they will continue to enjoy incentives and an even better set of perks under the Duterte administration’s plan to make these time-bound, transparent, targeted and performance-based.
Read MoreThe Philippines is strong enough to “weather the storms” looming over its economy, given that the Duterte administration has already taken aggressive measures to tame domestic inflation and sustain the country’s growth momentum amid global risks such as the prolonged US-China trade tensions and the oil price surge in the world market, Finance Secretary Carlos Dominguez III said.
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