The Bureau of Customs (BOC) has confiscated from January to October this year some P12.92 billion-worth of smuggled goods, most of which were illegal drugs plus counterfeit goods, cigarettes and…
Finance Assistant Secretary Antonio Lambino II has said in a briefing with international investors at the Clark Freeport that the level of infrastructure investments the government has put thus far…
Finance Secretary Dominguez III reiterated the Duterte administration’s unwavering commitment to the twin goals of helping the country’s rice farmers become more globally competitive and providing Filipino families with access…
The World Health Organization (WHO) has described the Philippines’ efforts to impose higher excise taxes on alcohol and tobacco products as an international model for cost-effective promotion of health and…
The Philippine economy is “ready to soar” after its strong performance in the third quarter and is likely to grow by 6 percent or above for the rest of the…
Finance Secretary Carlos Dominguez has said the government, under President Duterte’s decisive leadership, has finally broken the “stranglehold of inefficiency” in the domestic rice industry with the passage of the…
Six analysts have accurately predicted the inflation rate for October 2019 while another one gave a correct forecast of the gross domestic product (GDP) growth for the year's third quarter,…
The attached list contains the list of pending VAT refund claims with the Bureau of Customs (BOC). Claimants are notified to coordinate with the Tax Credit Committee Secretariat within the…
Finance Secretary Carlos Dominguez III has cited the key role played by outgoing Chinese Ambassador to the Philippines Zhao Jianhua in reinvigorating bilateral relations between the Philippines and China, as…
The country’s consolidated General Government (GG) debt stood at P6.7 trillion in the first quarter of 2019, an increase of 7.1 percent from the P6.3 trillion level at the end…
