The Department of Finance (DOF) urged local government units (LGUs) to strengthen their revenue mobilization capacities through real property tax collections in order to support the country’s economic resurgence. During the Bureau of Local Government Finance (BLGF) anniversary seminar on Tuesday,...
The Bureau of Internal Revenue (BIR) will look into the tax compliance of Filipino celebrities that were among the highest-earning personalities on Instagram. Finance Secretary Benjamin E. Diokno said the tax authorities have eyes set on the so-called Instagram Rich List 2022 compiled by...
The government is committed to boost the growth of the Information Technology and Business Process Management (IT-BPM) industry, the Department of Finance (DOF) said. At the recent Contact Center Association conference, Finance Secretary Benjamin E. Diokno said the government will build an enabling...
Malacañang is not calling the shots on monetary policy, the Department of Finance (DOF) said as it defended the independence of the Bangko Sentral ng Pilipinas from politics. Finance Secretary Benjamin E. Diokno said the Bangko Sentral ng Pilipinas (BSP) will continue to preserve its independence...
Digitalization lures more taxpayers, efficiency—Diokno By Chino S. Leyco The government’s two main tax agencies’ transition to digital payment systems has increased the number of taxpayers and improved their tax administration efficiency, the Department of Finance (DOF) said. Finance...
The Department of Finance (DOF) expressed gratitude to the Philippine Chamber of Commerce and Industry (PCCI) for supporting the government’s fiscal policy reforms that made the Philippines attractive to investors. At the recent 48th Philippine Business Conference and Expo, Finance Assistant...
Finance Secretary Benjamin E. Diokno asked the private sector to support the Marcos administration’s economic plan anchored in bringing the Philippines at par with its high-flying Southeast Asian neighbors. At the 48th Philippine Business Conference and Expo on Wednesday, Oct. 19, Diokno...
The Department of Finance (DOF) has assured US investors that the Philippine government is employing the necessary policies and reforms to address ongoing risks to the economy. During a series of meetings in Washington D.C., Finance Secretary Benjamin E. Diokno expressed the country’s readiness...
The Department of Finance (DOF) bared policy measures that the Philippines is undertaking to address the impact of high inflation and climate-related risks in during the International Monetary Fund (IMF) and World Bank Group meetings in Washington D.C. Finance Secretary Benjamin E. Diokno said in...
Finance Secretary Benjamin E. Diokno met with World Bank Group President David Malpass to discuss the Philippines’ ongoing loan portfolio and seek support for the Marcos administration’s comprehensive eight-point socioeconomic agenda. On the sidelines of the 2022 Annual Meetings of the...
The Department of Finance (DOF) expects demand for real estate services will continue to pick up now that the economy has reopened and employees are reporting back to the office. In a statement, Finance Secretary Benjamin E. Diokno said he is confident that real estate services, such as rentals,...
The Department of Finance (DOF) is luring the private sector to invest in the country particularly with the revised implementing rules and regulations of the Build-Operate-Transfer (BOT) law. At the 54th Annual Conference of the Financial Executives Institute of the Philippines (FINEX), Finance...
