Finance Secretary Carlos G. Dominguez III has instructed the Bureau of Internal Revenue (BIR) to set up a unit dedicated to track sales of goods done online and to coordinate with their counterparts in other countries to determine how to properly tax these digital transactions. BIR Commissioner...
Cabinet Secretary Karlo Nograles recently led the virtual turnover of 619 permanent housing units to family-beneficiaries in Batad, Iloilo as part of the housing commitment of Task Force Yolanda, which the official heads. Cabinet Secretary Karlo Nograles (Photo from Karlo Nograles's Facebook)...
(PHIVOLCS) The Philippine Institute of Volcanology and Seismology (Phivolcs) on Friday, Oct. 22, launched six new earthquake atlases to ensure the seismic resiliency of public infrastructures, medium-to-high rise buildings, and residential houses in key areas in the country. Science and Technology...
Collections of the government’s two main tax agencies surpassed the P2-trillion mark in the first nine months of the year, nearing the pre-pandemic level, the Department of Finance (DOF) reported Friday, Oct. 22. Finance Secretary Carlos G. Dominguez III said tax haul of the Bureau of Internal...
The Department of Finance (DOF) has advised caution in suspending excise tax on petroleum as it will incur substantial revenue losses for the government and may affect the budget for coronavirus recovery measures. In a memorandum submitted to Finance Secretary Carlos G. Dominguez III, Finance...
An opposition leader in the House of Representatives welcomed on Wednesday, Oct. 20 the recommendation of Energy Secretary Alfonso Cusi to grant his department authority to suspend taxes on fuel to address rampaging increase in prices. Gasoline pump picture Deputy Minority Leader and Bayan Muna...
The Department of Finance (DOF) wants to stop burning coal in Mindanao, in line with the government’s program aimed at promoting sustainable investments. During the launching of the Philippine Sustainable Finance Roadmap and Guiding Principles on Wednesday, Oct. 20, Finance Secretary Carlos G....
The P10-billion additional budget that the House of Representatives granted the Department of Labor and Employment (DOLE) underscores the chamber’s full trust and confidence in the ability of DOLE officials to effectively address the urgent needs of millions of displaced Filipino workers....
Finance Secretary Carlos G. Dominguez III has called on young innovators to contribute their skills and ideas in the fight against climate change, and spearhead efforts to educate and motivate the country’s youth to take action in protecting the planet’s future. Finance Secretary Carlos G....
Google-Philippines-office Digital transformation can create up to P5 trillion in annual economic value by 2030, according to a new Google Philippines - commissioned report released Oct. 19, 2021. Of this value, P3.5 trillion could come from technologies that help businesses mitigate the economic...
Employees of the Department of Finance (DOF) along with attached agencies and state-owned companies, like the Bureau of Internal Revenue (BIR) and Social Security System (SSS), are told to prepare for a full-return to the workplace. Amid easing quarantine restrictions and COVID-19 infections,...
Philippine Association of Feed Millers Inc. (PAFMI) sees importation as a band aid solution or the “the best route to take” at the moment as Severe Tropical Storm Maring destroyed a significant amount of corn output. Otherwise, consumers will have to deal with an increase in the price of animal...
