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The government has the capacity to settle its financial obligations after the country's debt reached more than P11 trillion amid efforts to mitigate the impact of the pandemic, Malacañang said Tuesday. Presidential Spokesman Harry Roque (File photo/Malacañang) According to Presidential spokesman...

Development Bank of the Philippines (DBP)’s total assets reached P1.04-trillion last year, up 37 percent from P761.24 billion in 2019, as deposits grew 47.6 percent to P817.9 billion and investments increased 26 percent to P260.1 billion. Development Bank of the Philippines headquarters in Makati...

Bureau of Internal Revenue (BIR) Commissioner Caesar R. Dulay has relayed to national and regional offices the more than P2.081-trillion collection goal of the agency for this year. (MANILA BULLETIN) The BIR chief said in a memorandum that P2.017 trillion will be generated from operations, with the...