Dominguez: BIR, BOC pursuing reforms to plug tax leakages, increase revenues

The Bureaus of Internal Revenue (BIR) and of Customs (BOC) are currently pursuing reforms in tax administration, including the use of an Internal Revenue Stamps Integrated System (IRSIS) for both cigarettes and alcohol products, to plug leakages and increase revenue collections, according to the Department of Finance (DOF).

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Dominguez urges youth to effect change via public service

Finance Secretary Carlos Dominguez III has called on socially responsible young Filipinos to pay forward the opportunities given to them by joining the government service, where they can become “enablers of meaningful change” and play a key role in revolutionizing the country’s institutions of governance.

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DBP board elects Borromeo as bank president-CEO

The board of directors of the Development Bank of the Philippines (DBP) electedWednesday (Jan. 4) former Land Bank of the Philippines (LandBank) officer-in-charge (OIC) Cecilia Borromeo as its president and…

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Buco sworn in as new Customs deputy commissioner

Finance Secretary Carlos Dominguez III recently swore into office lawyer Edward James Dy Buco as Deputy Commissioner of the Bureau of Customs, replacing Peter Manzano. Buco was private lawyer prior…

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Dominguez bares ‘cultural revolution’ to cut red tape, make Duterte admin ‘enablers’ of citizens, businesses

DAVAO CITY—Finance Secretary Carlos Dominguez III said here the Duterte administration is fully committed to advancing a mix of policy reforms, management innovations and the optimal use of information technology…

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DOF, Chinese embassy agree to intensify ties in 5 areas of cooperation

Finance Secretary Carlos Dominguez III and Chinese ambassador to Manila Zhao Jianhua have agreed to revitalize Philippine-China relations in five vital areas of cooperation, including currency swap arrangements, agricultural trade,…

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