TRAIN boosts Filipino consumers’ spending power, says Dominguez

Finance Secretary Carlos Dominguez III said the double-digit growth in sales and high profit margins of the premier retail and real estate companies in the Philippines best illustrate that the…

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YEARENDER DOF ensures funding for ‘Build, Build, Build’ projects

The Department of Finance (DOF) sealed concessional funding support in 2018 for big-ticket projects under the Duterte administration’s Build, Build, Build” (BBB) program, including its most ambitious and biggest single…

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DOF to BIR: Check excise tax payments of beverage makers

The Department of Finance (DOF) has directed the Bureau of Internal Revenue (BIR) to determine whether beverage manufacturers are paying the correct amount and type of tax as mandated under…

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PRRD econ team takes decisive steps vs inflation in 2018

President Duterte's economic team undertook prompt and decisive measures to rein in inflation in 2018, resulting in a marked slowdown that experts say could lead to the domestic economy picking…

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DOF says economic headwinds won’t hamper growth momentum

Finance Secretary Carlos Dominguez III has assured the public that despite the strong economic headwinds facing the country, it remains primed to regain its growth momentum on the back of…

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PHL strong enough to “weather” eco storms—Dominguez

The 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…

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DOF thanks Congress for approving first tax reform package

The Department of Finance (DOF) thanked Monday both houses of the Congress for the passage of the first package of the Duterte administration’s comprehensive tax reform program (CTRP) that has…

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Economist-lawmaker lauds first 2 tax reform packages

The first two packages of the Duterte administration’s comprehensive tax reform program (CTRP) are among the best ever crafted as these measures would help redistribute wealth among Filipinos, sharpen the…

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