Countless Filipino lives may have been saved from the recent seizure of over Php400 million worth of illegally imported fake medicines, cell phone batteries and cell phone chargers among others,…
The unrelenting campaign of the Bureau of Customs (BOC) to flush out smuggling has once again caused the seizure of P31.8 million worth of misdeclared and undervalued candies, outboard motors,…
The Finance department is looking at increasing pre-need companies' capitalization five times more than the prevailing amount, a Cabinet official said, in light of the Prudentialife Plans, Inc.'s present financial…
TRANSCRIPT: Speech [As delivered], Finance Sec. Cesar V. Purisima, February 10, 2012. *First 8 minutes inaudible Interest rates are shrinking. In fact, bank will have challenging times also making money.…
TRANSCRIPT: (Reuters) Purisima, CVPs residence, February 10, 2012. On inflation Purisima: The main drivers of inflation in the Philippines are food and oil prices. On the part of the food,…
For the second time, an employee from a government financial institution flunked the lifestyle investigation conducted by the Revenue Integrity Protection Service (RIPS). RIPS lodged criminal and administrative complaints with…
Nine people were formally charged today at the Department of Justice (DOJ) by Bureau of Customs officials led by Customs Commissioner Ruffy Biazon for attempting to smuggle into the country…
January 30, 2012 The Manila Peninsula Hotel To the new president and the board, congratulations. I'd like to recognize our friends, my predecessors from the Department of Finance - Secretary…
The Bureau of Internal Revenue (BIR) today filed a criminal complaint with the Department of Justice against JERA MARKETING, INC. (JMI) and its President ESTER R. ALMENDRALA for their willful…
The Bureau of Internal Revenue (BIR) today filed a criminal complaint with the Department of Justice against MAKATI ROTARY CLUB FOUNDATION, INC. (MRCFI) and JUAN J. CARLOS, JR., RICARDO G.…
