Updating the country’s property valuation system is the correct way to impose a so-called “wealth tax” that local government units (LGUs) can impose on affluent individuals, the Department of Finance (DOF) said. Finance Secretary Carlos G. Dominguez III said on Monday, April 11, that LGUs can...
PH calls for new areas of cooperation in ASEAN By Chino S. Leyco Southeast Asian countries are urged to explore new avenues for cooperation to enable the region to collectively contain the economic fallout from the ongoing conflict between Russia and Ukraine. Collective and urgent action is...
The Technical Education Skills Development Authority (TESDA) launched on Thursday, April 6, the Basic Motorcycle Driving Program together with motorcycle ride-hailing company Angkas, a program that aims to capacitate motorcycle riders. Photo from TESDA TESDA Secretary Isidro Lapeña and Angkas CEO...
As the incoming leader is set to inherit an economy rising out of pandemic, Finance Secretary Carlos G. Dominguez III disclosed that they had met with some presidential candidates and discussed current economic issues. Without naming names, Dominguez said on Tuesday, April 5, that a number of...
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,...
This is probably the foremost question that most education stakeholders have in mind as the Philippines once again joins the Program for International Student Assessment (PISA) this year. JOJO RINOZA / FILE PHOTO / MANILA BULLETIN When the Philippines first joined PISA in 2018, Filipino learners...
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...
ILOILO CITY — Secretary William Dar of the Department of Agriculture (DA) led the review of the country’s food security plan amidst the impact of the war in Ukraine. “This is to prevent further agricultural economic slowdown and threats of food insecurity caused by the conflict between Russia...
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...
DSWD Secretary Rolando Bautista (FILE PHOTO) Department of Social Welfare and Development (DSWD) Secretary Rolando Bautista assured that the government has enough resources to assist residents affected by the phreatomagmatic eruption of Taal Volcano on March 26. “Upang agaran nating maipaabot ang...
Science and Technology Undersecretary and Phivolcs OIC Renato Solidum Jr. (MANILA BULLETIN FILE PHOTO) Science and Technology Undersecretary Renato Solidum Jr. said the Philippine Institute of Volcanology and Seismology (Phivolcs) may lower the alert status over Taal Volcano from Alert Level 3 to...
