Until the end of President Duterte’s term, the current administration will be determined to collect the unpaid estate tax of the heirs of the late former President Ferdinand E. Marcos, the Department of Finance (DOF) said. On the sidelines of the Philippine Economic Briefing on Tuesday, April 5,...
The Bayan Muna Party-list has called on the Commission on Elections (Comelec) to punish presidential and vice presidential candidates who skip debates hosted by the poll body. Bayan Muna Party-list Rep. Carlos Zarate (Photo from Bayan Muna) "As a constitutionally constituted body, we submit that it...
Carlos Alcaraz of Spain reacts during the men’s single finals at the 2022 Miami Open presented by Ita˙ at Hard Rock Stadium in Miami Gardens, Florida, on April 3, 2022. (AFP) Carlos Alcaraz believes watching boyhood idol Rafael Nadal helped him become the the youngest ever Miami Open champion on...
Construction of the three bridges funded by the the Asian Development Bank (ADB) will commence this second quarter or within the last three months of the Duterte administration, the Department of Finance (DOF) said. In a statement, Finance Secretary Carlos G. Dominguez III said the $175.1-million,...
The Philippines is looking at working with the United Arab Emirates (UAE) in conceptualizing and implementing innovative energy efficiency programs to contribute to the global effort to reverse the devastating effects of climate change, a Cabinet official said. During the Climate Change Virtual...
The Bureau of the Internal Revenue (BIR) is planning to auction off some of the properties of the late President Ferdinand E. Marcos as his heirs continue to refuse in paying the estate tax. In a report to Finance Secretary Carlos G. Dominguez III on Wednesday, March 30, the BIR disclosed that the...
President Duterte said he would not be surprised if some police officers were involved in the disappearance of several sabungeros, adding that scalawags in the service cannot be avoided. President Rodrigo Duterte (Presidential Photo) "I'm not surprised. I'm sure you are not also, kasi minsan may...
The time spent in settling insurance claims and resolving loan accounts in closed banks was significantly reduced following the Philippine Deposit Insurance Corp.’s (PDIC) shift to digital platforms, the Department of Finance (DOF) said. Roberto B. Tan, PDIC president and chief executive officer...
Creamline needed an extra set in dethroning Chery Tiggo, 25-18, 25-14, 23-25, 25-19, Monday night to storm into the semifinals of the Premier Volleyball League Open Conference at The Arena in San Juan City. Gema Galanza (PVL Media Bureau) The Cool Smashers banked on their starters throughout to...
The government’s chief economic manager vowed to “redouble” their efforts in the final months of the Duterte administration to recover lost opportunities incurred by the economy during the prolonged pandemic. Finance Secretary Carlos G. Dominguez III said that their goal in the final quarter...
The Bureau of Customs’ modernization program has automated and streamlined most of its processes and procedures in the last five-years, resulting in above-target collections despite the pandemic, the Department of Finance (DOF) reported. In a report to Finance Secretary Carlos G. Dominguez III...
A shift from a pandemic to an endemic mindset will help mitigate the impact of external shocks, such as the Russia-Ukraine crisis, as well as minimize the long-term scarring effects of Covid-19, three of the government’s economic managers said. In a joint statement on Thursday, March 24, Finance...
