On new WB chief’s formal assumption of office

"We congratulate Dr. Jim Yong Kim as he formally assumes office as the World Bank's 12th President. "These are uncertain times for the global economy and it is critical for…

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TCC monetization rules released

HOLDERS of value-added tax (VAT) tax credit certificates (TCCs) will be given an option to wait for the end of their validity and monetize them in full or convert them…

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Reinsurers should have P2-B, micro-insurers, PHP 500M

THE DEPARTMENT order directing insurance companies to raise their capitalization to P1 billion has been issued by the Finance department. Department Order (DO) 15-2012, signed by Finance Secretary Cesar V.…

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Win-Win Solution for Govt. and Hog Raisers Offered

Customs Commissioner Ruffy Biazon today clarified the issue regarding the Inward Foreign Manifest (IFM) of shipments entering the country which the Hog Raisers Association of the Philippines claim the BOC…

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