Cabinet officials pitch support for CTRP before Congress

Seven Cabinet Secretaries and five undersecretaries came in full force at Monday’s hearing of the House ways and means committee on the proposed Comprehensive Tax Reform Program (CTRP) to demonstrate…

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Ex-Sen. Romulo takes oath as DBP chairman

Finance Secretary Carlos Dominguez III swore into office last week former Sen. Alberto Romulo as the new chairman of the board of the Development Bank of the Philippines (DBP). Rogelio…

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P50-M to be allocated for review of mining contracts

The Department of Budget and Management (DBM) will allocate P50 million to enable the Mining Industry Coordinating Council (MICC) to undertake a comprehensive review of mining contracts nationwide, starting with…

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MICC OKs guidelines on ‘objective, science-based’ mining review

The Mining Industry Coordinating Council (MICC) has approved the guidelines on the conduct of an “objective, fact-finding, science-based” review of mining operations nationwide, starting with those ordered shuttered or suspended…

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Civil society coalition backs auto tax hike plan

A non-government coalition advocating tax and fiscal reforms has expressed its full support for the proposed adjustments in automobile excise taxes as way to help raise revenues that would fund…

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NG’s deficit spending to prop up high—and inclusive—growth agenda

Finance Secretary Carlos Dominguez III stressed today that although the budget deficit incurred by the national government (NG) hit P353.4 billion in 2016, or P231.7 billion higher than the year-ago…

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MICC meeting anew on March 3

The Mining Industry Coordinating Council (MICC) will meet for the second time tomorrow (March 3) to discuss the nitty-gritty of the three-month review that the five technical review teams (TRTs)…

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Secretary Dominguez is on the side of the law, says DOF spokesperson

The spokesperson of the Department of Finance (DOF) today asserted that Secretary Carlos Dominguez III’s position on the mining policy of the Department of Environment and Natural Resources (DENR) is…

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SEC takes steps vs informal lenders

Over 200 informal lenders have applied for registration before the Securities and Exchange Commission (SEC) after the government initiated a crackdown against loan sharks engaged in “five-six” and other usurious…

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