A World Bank (WB) study recommending reforms in the Philippine Crop Insurance Corp. (PCIC) has found that the state-run firm’s current approach to agricultural insurance neither provides value for money…
With the goal to formulate sound guidelines on the fees collected by the different investment promotion agencies (IPAs) from their respective registered business enterprises (RBEs), the Fiscal Incentives Review Board…
The Civil Service Commission (CSC) has approved the appointments of the executive officers of the Philippine Tax Academy (PTA), including the president and the three chancellors of the institution. PTA…
Finance Secretary Carlos Dominguez III has approved the donation to the Armed Forces of the Philippines (AFP) and the Philippine Coast Guard (PCG) of 47,356.8 liters of fuel that were…
The implementation of the initial packages of President Duterte’s Comprehensive Tax Reform Program (CTRP) designed to significantly lower the personal income tax (PIT), provide amnesty to delinquent taxpayers, and impose…
The unparalleled infrastructure investments under the “Build, Build, Build” program, the enactment of the law that clears the way to the long-sought return of the coco levy funds to the…
Finance Secretary Carlos Dominguez III has directed the manager of the Coconut Farmers and Industry Trust Fund (CFITF) and the secretariat of the committee overseeing this fund to conduct a…
The Bureau of Customs (BOC) has collected a total of P7.35 billion in duties from rice imports from January 1 to May 13 of 2022, representing an increase of P1.15…
The average yield of palay farmers during the dry season has increased from 3.65 tons per hectare (t/ha) to 4.22 t/ha as a result of the implementation of the Rice…
The Department of Finance (DOF) is ready to present to the incoming administration a fiscal consolidation and resource mobilization plan that the Department says is “critical” to helping the government…
