OECD finds Philippines ‘largely compliant’ with standards vs tax fraud THE PHILIPPINES is “largely compliant” with international frameworks against tax fraud, according to the latest review of the Organization for Economic Cooperation and Development (OECD), […]
Remittance growth eases to 6.1% in May 2018 Remittances from Filipinos abroad grew above six percent in May, helping boost the country’s thinning foreign exchange buffer against external shocks, the Bangko Sentral ng Pilipinas (BSP) […]
SC ruling on IRA to cost gov’t P1.5 T — DOF The Supreme Court ruling that includes all national taxes in the internal revenue allotments (IRA) of local government units (LGUs) may cost the national […]
Duterte pressed to assert 2016 arbitration victory vs China Philippine President Rodrigo Duterte has come under renewed pressure to seek Chinese compliance to an arbitration ruling that invalidated China’s claims to much of the South […]
Philippines ‘below average’ in regional innovation ranking THE PHILIPPINES’ rank in terms of innovation was unchanged from a year ago, despite “high scores” in business environment, education and information and communications technology (ICT), according to […]
Cabinet approves P3.757-T budget for 2019 Malacanang on Tuesday announced that the Cabinet of President Rodrigo Duterte approved the proposed PHP3.757-trillion budget for year 2019. — Philippine News Agency 4-mo direct investments surge 24% Foreign […]
Duterte’s Call to “Prove” God’s Existence Just More Fake News (video) The problem with Philippine President Rodrigo Duterte is that it is all to easy to believe the latest screaming headline attributed to him. — […]
COA flags P1-B unliquidated funding for Asean summit Some P1.046 billion, or 30 percent of the Department of the Interior and Local Government’s funding for the 2017 Association of Southeast Asian Nations summit, was not […]
Duterte is Assassinating Opponents Under the Cover of the Drug War, Philippine Rights Groups Say The assassination of two provincial mayors in two days has raised fresh fears that law and order in the Philippines—already […]
Philippines, ADB sign MoU on 7.1 bln USD lending pipeline for 2019 to 2021 The Philippines and the Asian Development Bank (ADB) have signed a memorandum of understanding (MoU) covering an indicative 7.1 billion US […]
Group offers $3B LRT in Cebu A Singaporean-Chinese and Filipino consortium has submitted a proposal to construct a $3-billion Light Rail Transit (LRT) system in Metro Cebu as the major component of the Integrated Transportation […]
Gov’t sets P3.8-T disbursements for 2019 The Development Budget Coordination Committee (DBCC) announced on Monday that the government’s disbursement program next year is at PHP3.8 trillion and will be expanded to PHP5.362 trillion in 2022. […]