The Department of Finance (DOF) has withheld the grant of a P57-million refund and another P262 million in tax credits claimed by a Bulacan-based textile firm covered by a special…
The reduction in the corporate income tax (CIT) rate complemented by an overhaul in the tax incentives system for companies will propel economic growth, create more jobs, and lower poverty…
Domestic enterprises should be prepared to vigorously innovate and identify emerging business opportunities as they transition to a digital-based New Economy to enable them and the country to recover quickly…
The online filing and registration of new employees as members of the Social Security System (SSS) along with the submission of most forms and benefit claims have been made mandatory…
The Department of Finance (DOF) has lauded the Senate and the House of Representatives for passing a fiscally responsible Bayanihan to Recover as One Act or Bayanihan 2, the measure…
Finance Secretary Carlos Dominguez III has recommended the adoption of three imperatives centered on digitalization and patterned after the successful Small Wage Subsidy Program (SBWS) implemented earlier by the Department…
The European Union (EU) has extended a new grant worth 24.5 million Euros (approximately US$ 28.8 million) to the Philippines to help strengthen the government’s ongoing peace and confidence-building initiatives…
The Capital Market Development Council (CMDC) chaired by Finance Secretary Carlos Dominguez III is considering reforms in the corporate pension system, notably the recommendation by the Fund Managers Association of…
The Duterte administration has committed to “redouble” efforts to protect its economic gains over the past three years, gird the economy for a strong recovery and drive the country back…
