Highlights: -Finance Secretary Dominguez says Filipinos support tax reform as legislators who pushed for it have won in the recent election. -Amid the expected economic slowdown due to some setbacks…
The Philippine government and the Asian Development Bank (ADB) have signed a $1.3-billion loan agreement representing the first tranche of the US$2.75 billion financing for the construction of a 53.1-kilometer…
Dividends remitted by government-owned and -controlled corporations (GOCCs) as of July this year have reached a record high of P61.3 billion, the Department of Finance (DOF) has said. Finance Secretary…
Finance Secretary Carlos Dominguez III has directed Commissioner Rey Leonardo Guerrero of the Bureau of Customs (BOC) to look into the creation of a special strike team within the agency…
Finance Secretary Carlos Dominguez III has directed the Bureaus of Internal Revenue (BIR) and of Customs (BOC) to intensify their joint campaign against the illicit cigarette trade following the recent…
The interagency Mining Industry Coordinating Council (MICC) is undertaking the second round of its “objective, science-based, and fact-finding” audit of mining operations in the fourth week of July, and expects…
The customs agency of China has committed to help the Bureau of Customs (BOC) in its efforts to stop Chinese exports of unauthorized cigarette-making machines from entering the country, as…
Initiatives to sharpen the competitiveness of the country’s future workforce, improve the delivery of social services and attract more foreign direct investments (FDIs) top the list of “actionable” recommendations from…
The government has so far collected P5.9 billion in tariffs from some 1.43 million metric tons (MT) of rice stocks imported by private traders, following the enactment of a law…
The Bureau of Internal Revenue (BIR) is now working with the Department of Labor and Employment (DOLE) in developing an interagency database of foreign nationals working in the country to…
