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The Duterte administration’s economic team is trying to convince Congress to scale down proposed economic stimulus packages costing trillions of pesos, as the government cannot afford them while much of…
Philippine carriers are set to meet with key national and local government officials on Friday to iron out confusing regulations that greeted them after strict lockdown rules were lifted over…
Simply lowering corporate income tax might prompt companies to just survive the COVID-19 pandemic, without any assurance that the tax cut would get them to either keep or hire more…
The Federation of Free Farmers (FFF) has questioned the legality of the government’s move to import an additional 300,000 metric tons (MT) of rice on top of the imports being…
The Department of Finance (DOF) on Monday lauded large taxpayers that settled their 2019 tax obligations despite the extended deadlines, aiding a government struggling with low collections to date. “The…
The national government’s gross borrowings rose 5.3 percent year-on-year to P656.7 billion in the first quarter of 2020 as both domestic and foreign debts increased. The latest Bureau of the…
MANILA, Philippines — How would the “new normal” amid the COVID-19 pandemic look like as far as the economy is concerned? For the fiscal sector, it would mean the government…
Spanish beef will now be available for Filipinos to enjoy after the Department of Agriculture allowed its importation after three years of negotiation. Bureau of Animal Industry director Ronnie Domingo…
About half a billion liters of oil products were marked tax-paid in the first half of May, allowing the government to collect a higher levy on imports and shore up…
As investor appetite for government securities recovered in April, outstanding IOUs sold by the Bureau of Treasury further increased to P5.56 trillion that month. Government securities had become delectable investment…
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