CA junks Surigao RTC Injunction against DENR, MGB, PMO

Allows government to stop improper private mining operations On September 5, 2013, the 23rd Division of the Court of Appeals issued a 60-day Temporary Restraining Order stopping RTC Surigao City,…

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BIR charges internet company with tax evasion

The Bureau of Internal Revenue (BIR) today filed a criminal complaint with the Department of Justice against DOMAIN MERCHANDISING SERVICES, INC. (DMSI) and its responsible corporate officers MA. MILAGROS M.…

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Statement of Secretary of Finance Secretary Cesar V. Purisima on the Resumption of US Government Operations and the Extension of US Borrowing Authority

“Today we learned that after a long impasse, the US Senate and Congress were able to reach an agreement to both fund their federal government operations until January 15th and…

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Four Charged by BOC for PhP60 M Ukay-ukay Smuggling Attempt

The reinvigorated anti-smuggling program of the Bureau of Customs has yet caused another filing of smuggling charges against two (2) traders and two (2) customs brokers today (October 17, 2013)…

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Consolidated Public Sector Debt at P7.7T as of Q1 2013

General Government Debt down to 38.9% of GDP As of March 2013, the Philippines’ Consolidated Public Sector Debt was recorded at P7.7 trillion, equivalent to 71.3% of GDP. The ratio…

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