DOF eyeing DBP as infra bank

Finance Secretary Carlos Dominguez III is looking into the possible makeover of the Development Bank of the Philippines (DBP) into an infrastructure bank to help effectively carry out the Duterte…

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DOF eyeing DBP as infra bank

Finance Secretary Carlos Dominguez III is looking into the possible makeover of the Development Bank of the Philippines (DBP) into an infrastructure bank to help effectively carry out the Duterte…

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SEC suspends 104 erring lending firms

The Securities and Exchange Commission (SEC) has suspended 104 erring lending companies in the first four months of 2017, and will revoke the primary licenses of those on this list…

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NGOs urge Congress to ‘swiftly’ pass tax reform bill

Over 200 representatives of nongovernment organizations and other civil society groups have called on the two chambers of the Congress to “swiftly pass” a proposed legislation covering the first package…

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Gov’t losing P91 B yearly from VAT exemptions

The Philippines’ antiquated tax code, which contains 59 lines of exemptions from the Value-Added Tax and 84 special VAT-related laws, have led to massive revenue leakages costing the government an…

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Gov’t to hold Luzonwide dialogue on tax reform tomorrow

The Departments of Budget and Management (DBM) and of Finance (DOF) will hold a Luzon-wide dialogue focusing on the social services aspect of the Comprehensive Tax Reform Program (CTRP) tomorrow…

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Qatar investment delegation to visit Manila in September

A delegation from the Qatar Investment Authority (QIA) is set to visit Manila possibly in September to scout for possible business deals here following the successful visit of President Duterte…

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Duterte admin to ensure fiscal prudence in infra buildup

Finance Secretary Carlos Dominguez III has assured the public that the Duterte administration will exercise fiscal prudence and responsibility to ensure that its unmatched public investments in infrastructure would create…

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Critics told to work on repeal of laws allowing mining in PHL

Finance Secretary Carlos Dominguez III said that those who have a beef with the country's laws that allow mining should do themselves a favor by working on having them repealed…

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Gov’t to hold Luzonwide dialogue on tax reform

The Departments of Finance (DOF) and of Budget and Management (DBM) will hold a Luzon-wide dialogue on the Comprehensive Tax Reform Program (CTRP) this Thursday (May 18) at the Philippine…

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