The Department of Finance (DOF) has ordered the suspension of the special audit task forces of the Bureau of Internal Revenue (BIR) for causing uncertainty for some taxpayers. Finance Secretary Carlos G. Dominguez III said Revenue Special Orders (RSOs) and Operations Memoranda (OMs) have resulted...
Gov’t earns P46 B from rice reform bY Chino S. Leyco Forty-six billion pesos, that was the amount earned by the national government since the law liberalizing rice trading was implemented three-years ago, the Department of Finance (DOF) emphasized. Finance Secretary Carlos G. Dominguez III...
The national government has paid in full its P300 billion loan with the Bangko Sentral ng Pilipinas (BSP), well ahead of the maturity date next month, the Department of Finance (DOF) announced. In a statement, Friday, May 20, Finance Secretary Carlos G. Dominguez III said the repayment of the...
The Department of Finance has warned the Philippine Crop Insurance Corp. (PCIC) as well as other government agencies to stop the practice of allowing foreign consultants to offer projects that only serve their personal interests rather than the interest of the government and Filipinos. During a...
The National Economic and Development Authority (NEDA) has fired back at critics of the rice tariffication law (RTL), noting that contrary to claims, the reform helped both farmers and consumers since its enactment. In a statement, Socioeconomic Planning Secretary Karl Kendrick T. Chua said that...
The Bureau of Internal Revenue (BIR) will monitor the compliance of outsourcing companies in economic zones with the onsite work policy of the Fiscal Incentives Review Board (FIRB), the Department of Finance (DOF) said. A BIR task force has been created to ensure that registered business...
Finance Secretary Carlos G. Dominguez III said the Philippines is looking forward to future initiatives under the umbrella of the ASEAN Plus Three (China, Japan, Korea) cooperation to help accelerate the country’s shift from coal to sustainable energy sources. On behalf of the Philippine...
It is essential for a sustainable recovery from the Covid-19 pandemic to invest in research and development; infrastructure; as well as Science, Technology and Innovation (STI), the top official of the Department of Science and Technology (DOST) bared. The seventh annual Multi-Stakeholder Forum on...
Infectious disease expert, Dr. Edsel Maurice T. Salvaña, on Monday, May 16, declined to comment on the circulating rumor that he will be picked by the incoming administration as the next secretary of the Department of Health (DOH). Dr. Edsel Maurice T. Salvaña (Screenshot taken from Laging Handa...
The Department of Finance (DOF) has defended the implementation of the rice tariffication law (RTL), which allows unrestricted importation of rice at 35 percent tariff, as presumptive president Ferdinand “Bongbong” R. Marcos Jr. is poised to suspend the three-year law enacted by outgoing...
For a group of education workers, it takes more than “peace and discipline” to address the learning crisis in the country. (MANNY LLANES / MANILA BULLETIN) “What we need is a leadership that recognizes the learning crisis, the desperate quality of education, the chronically underpaid status...
For a group of teachers, the next head of the Department of Education (DepEd) should come from the education sector. (Photo courtesy of DepEd) While the Teachers’ Dignity Coalition (TDC) recognizes that Cabinet appointments as a prerogative of the Chief Executive, the “general sentiment” of...
