PHL, Indonesia enhancing cooperation vs smuggling

The Philippines and Indonesia have agreed to heighten their partnership and cooperation in combatting smuggling to help shepherd regional efforts among the member-states of the Association of Southeast Asian Nations…

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DOLE backs job-generating corporate and fiscal incentives reform bill

The Department of Labor and Employment (DOLE) supports the proposed reforms in corporate taxation and fiscal incentives under the second package of the Duterte administration’s comprehensive tax reform program (CTRP),…

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DOF, JICA sign JPY38.1-B loan accord for MRT-3 Rehabilitation Project

The Department of Finance (DOF) and the Japan International Cooperation Agency (JICA) signed Thursday the agreement providing the Philippines with a 38.1-billlion yen loan from Japan for the upgrading and…

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DOF eyeing initial P13.5-B Marawi bond issue

The Department of Finance (DOF) is planning to initially issue P13.5 billion (about $241 million) worth of retail bonds in the domestic market to help raise funds for the ongoing…

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PHL strong enough to “weather” eco storms—Dominguez

The Philippines is strong enough to "weather the storms" looming over its economy, given that the Duterte administration has already taken aggressive measures to tame domestic inflation and sustain the…

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JOINT STATEMENT On the 2019 World Bank Doing Business Survey

The Department of Finance (DOF) and the Department of Trade and Industry (DTI) unequivocally express their strong objections to the 2019 World Bank Doing Business (DB) report, which shows a…

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