Higher oil imports hike BOC fuel tax haul by 54 percent in November

The Bureau of Customs (BOC) increased its revenue collection from petroleum products in November 2020 by 54.1 percent to P12.83 billion, as against P8.33 billion in the same period last…

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GOCCs remit P160.62 billion to BTr

A total of 63 government-owned or controlled corporations (GOCCs) have remitted a total of P160.62 billion to the Bureau of the Treasury (BTr) as of December 15 this year to…

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YEARENDER-Bonds

Successful bond floats mark strong investor confidence in PHL economy in 2020 despite COVID-19 pandemic

The strong demand for the Philippines’ foreign bond offerings in 2020 even with the unprecedented challenge brought by the COVID-19 contagion has underscored international investor confidence in the country’s ability…

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YEARENDER-Bonds

Successful bond floats mark strong investor confidence in PHL economy in 2020 despite COVID-19 pandemic

Philippines, Japan reaffirm commitment to further expand economic ties

The Philippines and Japan have reaffirmed their commitment to further build on their strong economic partnership, which includes plans to expand Japanese investments in the country following favorable developments on…

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DOF extends anew deadlines on tax amnesty, voluntary assessment program

The Department of Finance (DOF) has issued Revenue Regulations (RR) Nos. 32-2020 and 33-2020 extending until June 2021 the respective deadlines for availing of the Tax Amnesty on Delinquencies (TAD)…

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Dominguez says COVID-19 challenge highlights importance of global solidarity

Finance Secretary Carlos Dominguez III said the unprecedented challenge brought by the COVID-19 pandemic has underscored the importance of “greater solidarity and stronger collaboration among nations” for the world to…

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PSE to CMDC: Capital markets ‘doing very well’ despite pandemic

The Philippines’ equities market dipped by only 9.4 percent, closing at 7,080.62 as of December 2 this year, compared to the 2019 finish of 7,815.26, while capital raising activities have…

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