BOC checking import discrepancies

The Bureau of Customs (BOC) is now checking the massive gap it has uncovered between China’s export volumes to the Philippines and the shipment figures officially reported here by importers,…

Comments Off on BOC checking import discrepancies

JTI backs DOF tax drive

TOKYO--The Japan Tobacco Inc. (JT) Group has expressed its vigorous support for the “tax collection effectiveness program” of the Department of Finance (DOF) and its efforts to broaden the Philippines’…

Comments Off on JTI backs DOF tax drive

DOF working with Japan on financing of 3 major infra projects

The Department of Finance (DOF) is working on the funding requirements for three big-ticket infrastructure projects, which include the first phase of the proposed Metro Manila Subway, in time for…

Comments Off on DOF working with Japan on financing of 3 major infra projects

Gov’t open to partnerships with private sector on infra projects

The Duterte administration’s “Build, Build, Build” team has assured the country’s business leaders that the government is open to team-ups with the private sector on big-ticket infrastructure projects under the…

Comments Off on Gov’t open to partnerships with private sector on infra projects

Overseas Filipino Bank to open in January

The Department of Finance (DOF) has maintained that the initial operations of the Overseas Filipino Bank (OFB) will proceed as scheduled in January 2018, following the assurance by the Bangko…

Comments Off on Overseas Filipino Bank to open in January

Inflation remains manageable, says DOF

The Department of Finance (DOF) said inflation in October 2017 likely peaked at 3.5 percent from 3.4 percent a month ago, driven mainly by higher price increases in non-food items,…

Comments Off on Inflation remains manageable, says DOF

DOF focusing on 3 initiatives to improve ease of doing business

The Department of Finance is harnessing the power of digital technology to implement three major initiatives in improving the ease of doing business in the country. According to Dr. Dennis…

Comments Off on DOF focusing on 3 initiatives to improve ease of doing business