3-fold strategy to keep PHL among world’s fast-growing economies

A three-pronged strategy anchored on game-changing reforms and sound fiscal policies will keep the Philippines among the ranks of the world’s best-performing economies despite headwinds weighing heavily on near-term global…

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CITIRA to let PHL truly prioritize key industries, areas–DOF

The Department of Finance (DOF) said the proposed second package of the comprehensive tax reform program (CTRP), also known as the Corporate Income Tax and Incentives Rationalization Act (CITIRA) bill,…

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DOF, DICT working with DA on TradeNet rollout

The Departments of Finance (DOF) and of Information and Communications Technology (DICT) are now working closely with the Department of Agriculture (DA) on the full rollout and development of the…

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BIR destroys illegal cigarette-making machines in Visayas, Mindanao

The Bureau of Internal Revenue (BIR) has destroyed cigarette-making machines and counterfeit cigarettes worth over a billion pesos that were seized in various raids conducted in Misamis Oriental and Leyte.…

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PHL backs nomination of Special Advisor to the Japanese Prime Minister and to the Minister of Finance, Masatsugu Asakawa as next ADB chief

The Philippines has expressed its support for the nomination of Special Advisor to the Japanese Prime Minister and to the Minister of Finance, Masatsugu Asakawa as the next President of…

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DOF maintains CITIRA to create 1.5 million jobs

Finance Undersecretary Karl Kendrick Chua has challenged the Joint Foreign Chambers of the Philippines (JFC) to look more closely at the proposed second package of the comprehensive tax reform program…

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DOF unfazed in pushing for CITIRA despite PEZA fallacies

“There is no way we will stop fighting for fiscal incentive reform,” Department of Finance (DOF) Undersecretary and its Chief Economist Gil Beltran has said, in response to the spate…

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