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PH economy maintained steady growth in 2024 despite challenges; outlook for 2025 remains bullish driven by lower inflation, higher consumption, and investments

The Philippine economy has maintained a steady gross domestic product (GDP) growth of 5.6% in 2024—the second fastest in ASEAN—despite multiple challenges. The outlook for 2025 also remains bullish, fueled…

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January 30, 2025
Read more about the article PH economy maintained steady growth in 2024 despite challenges; outlook for 2025 remains bullish driven by lower inflation, higher consumption, and investments
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PH convenes high-level biz dialogue with Dutch investors in the Netherlands

The Philippines convened a high-level business dialogue with Dutch investors in the Netherlands on January 27, 2025 to showcase the nation’s promising growth potential and pro-investment reforms to attract more…

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January 29, 2025
Read more about the article PH convenes high-level biz dialogue with Dutch investors in the Netherlands
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DOF maximizes national gov’t revenue streams by privatizing non-performing assets to generate more funds for national development and minimize debt

The Department of Finance (DOF) is maximizing the National Government’s (NG) revenue streams by privatizing non-performing and idle public assets in order to generate more funds to aid national development…

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January 26, 2025
Read more about the article DOF maximizes national gov’t revenue streams by privatizing non-performing assets to generate more funds for national development and minimize debt
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DOF successfully issues JAO to implement pre-border technical verification and cross-border e-invoicing system that will protect consumers from unsafe goods

The Committee on Pre-border Technical Verification and Cross-border Electronic Invoicing (CPTVCEI), led by the Department of Finance (DOF), has successfully issued the Joint Administrative Order (JAO) implementing AO No. 23,…

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January 24, 2025
Read more about the article DOF successfully issues JAO to implement pre-border technical verification and cross-border e-invoicing system that will protect consumers from unsafe goods
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DOF clarifies determination of the National Tax Allotment shares for LGUs, ensures transparency and strict compliance with Mandanas-Garcia ruling

The Department of Finance (DOF) has reaffirmed its commitment to transparency and strict compliance with the Supreme Court decision and relevant laws in determining the National Tax Allotment (NTA) shares…

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January 12, 2025
Read more about the article DOF clarifies determination of the National Tax Allotment shares for LGUs, ensures transparency and strict compliance with Mandanas-Garcia ruling
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