WASHINGTON DC—The “vibrant participation” of both international and Philippine companies in President Duterte's signature “Build, Build, Build” infrastructure program is solid proof of the trust that the government has earned…
Finance Secretary Carlos Dominguez III supports in principle a plan by Albay Rep. Joey Salceda to file a bill seeking to impose a 5 percent franchise tax on revenues generated…
WASHINGTON DC—The Philippines has called on the World Bank and the International Monetary Fund (IMF) to adopt bold, out-of-the box solutions in support of their efforts toward a “new multilateralism”…
WASHINGTON DC—The Duterte administration is stepping up its already accelerated spending on President Duterte's signature “Build, Build’ Build” program and on human capital development as the linchpin of a strategy…
After unleashing a “barrage of reforms” in his first three years in office, President Duterte will continue to pursue game-changing initiatives in the final half of his administration to sustain…
The BIR in coordination with the Department of Finance (DOF) through its Task Force POGO enforced another closure and shutdown of the operations of a Philippine Offshore Gaming Operator (POGO)…
Finance Secretary Carlos Dominguez III has ordered the Bureau of Internal Revenue (BIR) to step up its ongoing audit of the country’s close to 30,000 registered cooperatives to weed out…
The Philippines and seven other members of the Association of Southeast Asian Nations (ASEAN) are expected to exchange customs and other trade-related documents over a single integrated online platform by…
The Bureau of Internal Revenue (BIR) has seized counterfeit tax stamps and several units of machines used for printing them and packaging bogus cigarette brands worth a combined P206.6 million…
In reply to an article recommending the shift to Public-Private Partnerships (PPPs) and engagement of external consultants to expedite the Build Build Build program, the DOF issued a statement to…
