Expert lauds fuel marking plan in tax reform bill

A recognized global expert on energy security has lauded the government’s plan to introduce a fuel marking and monitoring system in the local downstream oil industry as a way to…

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DOF thanks House for final OK of TRAIN bill

The Department of Finance (DOF) thanked the House of Representatives for approving on third and final reading the proposed Tax Reform and Acceleration and Inclusion Act (TRAIN) and expressed optimism…

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BIR has key role in PHL economic ‘breakout’–Dominguez

Finance Secretary Carlos Dominguez III has cited the central role that the Bureau of Internal Revenue (BIR) will play in realizing the Philippines “economic breakout” as he underscored the importance…

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BPO leader backs tax reform

A leader from the business process outsourcing (BPO) sector has sought speedy congressional approval of the first package of Comprehensive Tax Reform Program (CTRP), which he described as a "win-win"…

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PRRD certifies tax reform bill as urgent

Following a request from the Department of Finance (DOF), President Duterte certified on Monday as an urgent measure for congressional approval the eight-month-old Tax Reform for Acceleration and Inclusion Act…

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May inflation seen slowing on lower food prices—DOF

The increase in consumer prices would likely move at a much slower pace this month as food costs, particularly of vegetables tapered off, the Department of Finance (DOF) said. Based…

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DOF assures DOH of raising more funds by Q1 for healthcare

The Department of Finance (DOF) has assured health officials that it will double its efforts in raising enough revenues to enable the government to build more hospitals and provide quality,…

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