Finance Secretary Benjamin E. Diokno has committed to pursue the passage of the remaining tax reform packages that were left behind by the Duterte administration involving real property valuation and financial taxation. Once in the 19th Congress opens, Diokno said the Marcos administration would...
Outgoing Senator Francis ‘’Kiko’’ Pangilinan on Friday, June 10 asked the government to free the farmers and peasant advocates who were arrested in Concepcion, Tarlac yesterday. Inquest proceedings on the charge of malicious mischief and obstruction of justice slapped against the 87 farmers...
Despite a strong campaign being mounted by the government and private business organizations, the Senate was still unable in its second attempt to concur with the ratification of mega trade deal Regional Comprehensive Economic Partnership (RCEP). Given also the strong opposition from the...
The Senate will debate and probably vote on the controversial Regional Comprehensive Economic Partnership Agreement (RCEP) when it resumes regular session on May 23. Both the Senate and the House of Representatives will hold plenary session for two weeks after the May, 2022 national and local...
The Department of Finance (DOF) remains optimistic that Congress will pass this year the remaining tax reform packages that aim to reform the property valuation system and simplify capital market taxation. After the legislature was able to act on a slew of economic liberalization bills in 2021,...
A total of 51 agriculture groups – composed of farmers, fishers, and producers – have joined forces to sign a petition against the mega trade deal, Regional Comprehensive Economic Partnership (RCEP). The groups think the deal will result in further “import surges, price depressions, and...
A coalition of nearly a hundred agricultural organizations based across different parts of the country has made an appeal to the senate to delay its concurrence to the Regional Comprehensive Economic Partnership (RCEP). In a statement, Bayanihan sa Agrikultura said “the country will never gain...
The Philippines should continue to adopt fiscal reforms, particularly tax reforms still pending in Congress, to sustain these fiscal gains, the Department of Finance (DOF) said. Based on its latest DOF economic bulletin, it noted that the recent fiscal reforms have boosted the government’s tax...
A group of farmers has threatened not to support re-electionist senators if they will not junk the Regional Comprehensive Economic Partnership (RCEP), a mega trade deal. In a statement, the Federation of Free Farmers (FFF) urged the Senate to reject the RCEP trade agreement when it is presented for...
The Food and Nutrition Research Institute of the Department of Science and Technology (DOST-FNRI) and University of the Philippines Manila-National Institute of Health, Institute on Aging (UPM-NIH-IOA) have teamed up to conduct a training for researchers who are involved in a research project on...
The opposition coming from the farmers’ groups against the ratification of the Regional Comprehensive Economic Partnership (RCEP) has intensified, with as many as 45 groups with thousands of members combined claiming they were not consulted about the Philippines’ commitments on the treaty as...
Land Transportation Office (LTO) Assistant Secretary Edgar Galvante reiterated on Tuesday, Nov. 2, that the driver’s education seminar for license renewal is free and required under the law. Motorists line up for inspection at a Manila quarantine control point established by the police on the...
