House panel approves ‘in principle’ TRAIN 2 The House of Representatives’ ways and means committee on Thursday approved “in principle” the second package of the Duterte administration’s Comprehensive Tax Reform Package (CTRP), which aims to […]
Philippines’ spending on infrastructure soars by 41.6 pct in H1 The Philippine fiscal spending on infrastructure soared by 41.6 percent year on year in the first half of this year on the back of higher […]
Tax reform generated P33.7B in 1st 6 months The head of the Duterte administration’s economic team on Tuesday reminded legislators of President Duterte’s wish to pass by yearend the second tax reform package that will […]
Duterte leads destruction of P296-M smuggled luxury vehicles President Rodrigo Duterte on Monday spearheaded another destruction of contraband luxury vehicles and motorbikes to show his administration’s resolve to fight smuggling and corruption. — Philippine News […]
NG debts breach P7 T in June The national government’s debt pile breached the P7 trillion mark as of end-June following the issuance of Retail Treasury bonds (RTBs) and the weak peso, the Bureau of […]
PH gov’n to spend up to P90 million for federalism info dissemination The administration plans to spend up to P90 million for an information dissemination campaign on federalism. — Philippine Canadian Inquirer China Hasn’t Delivered […]
World Bank: PH climbs to 60th place in trade logistics rankings THE Philippines’ competitiveness in trade logistics improved in the past two years, such that its rank jumped to 60th place among 168 countries in […]
Duterte seeks laws to curb Philippine inflation, spread wealth Philippine President Rodrigo Duterte has asked lawmakers to pass legislation that will help restrain inflation and spread wealth and power beyond the capital region. — Bangkok […]
Philippines infrastructure: Build, build, build… but not so fast The Philippines Department of Finance (DOF) has hit back at criticism by a university professor describing the rate of infrastructure development currently underway as being “faster […]
Govt-led firms remit a total of P31.297B THE Department of Finance (DOF) has reported that 51 of 77 government-owned and -controlled corporations (GOCCs) have remitted a total of P31.297 billion to the Bureau of the […]
Philippines hits 3.7 million foreign tourists mid-2018 The Department of Tourism (DOT) on Thursday, July 19, announced that foreign visitor arrivals reached an all-time high of 3.7 million for the first half of 2018. — […]
Excise tax collections hit P152.7B in first half Excise tax collections accelerated in the first six months of the year following the implementation of a tax reform law, Finance department data showed, with the bulk […]