The Notices of Disallowance (NDs) of the Commission on Audit (COA) on the tax credit certificates (TCCs) issued to several textile companies from 2008 to 2014 are now worth a…
The passage and implementation since 2019 of the Rice Tariffication Law (RTL) has slashed prices of the country’s staple food to the current average of P39 per kilogram (kg) or…
The Fiscal Incentives Review Board (FIRB), upon the endorsement of the Subic Bay Metropolitan Authority (SBMA), has approved the grant of tax incentives to Project AGILA for the redevelopment and…
The redefined functions of the National Food Authority (NFA) under the Rice Tariffication Law (RTL) enabled it to cut its net loss in 2021 to P9.6 billion, down by 37.8…
Five publicly listed firms returned to the local debt market in the first two months of 2022 to list a total of P112.5 billion in local currency denominated bonds, of…
TOKYO—Finance Secretary Carlos Dominguez III has called on the Asian Development Bank (ADB) to take a lead role in the recovery efforts of Asia-Pacific economies battered by shock waves from…
The Philippines and Korea on Wednesday exchanged their copies of the agreement for the US$56.6-million loan extended by the Export Import Bank of Korea-Economic Development and Cooperation Fund (KEXIM-EDCF) to…
TOKYO—Finance Secretary Carlos Dominguez III has broached the possibility of the Japanese International Cooperation Agency (JICA) extending its support to the Philippines’ localized climate adaptation and mitigation projects. He met…
The Board of Trustees of the Philippine Tax Academy (PTA) has unanimously voted to elect Department of Finance (DOF) Chief Economist and retired Undersecretary Gil Beltran as the institution’s first…
