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Related Articles

about 1 month ago

Despite China's presence at Benham Rise making headlines the past week, Philippines and China have made leaps in economic deals with the signing of a six-year trade and economic development program.

about 1 month ago

Mighty Corp. has agreed to pay P3B in tax liabilities, but Justice Secretary Vitaliano Aguirre says a case will still be filed against the local cigarette maker.

about 2 months ago

Poor land governance has left Metro Manila with congested cities and a massive housing backlog. Finance Secretary Carlos Dominguez says immediate action must be taken to address this 'urban nightmare.'

about 2 months ago

The Department of Finance is looking into hybrid financing arrangements to fund major infrastructure projects like the EDSA Bus Rapid Transit (BRT) project and the Metro Manila flood control project.

about 2 months ago

Finance Secretary Carlos Dominguez III said the country is planning to use a multi-million dollar grant from China to build drug rehab facilities and buy equipment for law enforcement.

about 2 months ago

Government officials previously said big-ticket projects will welcome the "Golden Age" of infrastructure under the Duterte administration. However, the Finance Department said it will not succeed without the approval of their proposed tax reform program.

about 3 months ago

The GDP picked up in 2016, further marking the Philippines as one of the fastest-growing economies in Asia.

about 3 months ago

To address a shortfall in government revenues, a lawmaker proposes a tax on beauty products and aesthetic procedures instead of petroleum.

about 4 months ago

Balikbayan boxes will be exempt from taxes and duties starting December 25 after the Bureau of Customs and Department of Finance signed Customs Administrative Order 05-2016.