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...
Tots Carlos scores against two Petro Gazz defenders during their PVL match. (PVL Images) Creamline drew strength from Tots Carlos as it outhustled Petro Gazz, 25-23, 23-25, 25-19, 23-25, 15-10, Wednesday night to clinch the top seeding in Pool B of the Premier Volleyball League Open Conference at...
Dividends remitted by the Philippines Ports Authority (PPA) to the government coffers under President Duterte’s watch exceeded the sum it had contributed in more than two decades, the Department of Finance (DOF) said. In a statement, Finance Secretary Carlos G. Dominguez III on Wednesday, March...
The Department of Finance (DOF) said Information Technology Business Process Management (IT-BPM) companies registered with investment promotion agencies (IPAs) such as the Philippine Economic Zone Authority (PEZA) can choose to continue work from home (WFH) arrangements but give up their tax...
The recently signed amendments to Republic Act (RA) 11659 or the Public Service Act (PSA) are akin to the Oil Deregulation Law and will result in heftier increases in the prices of goods, says House Deputy Minority leader and Bayan Muna Party-list Rep. Carlos Zarate. Bayan Muna Party -list Rep....
