The Department of Finance (DOF) challenged local government units (LGUs) to keep up with their target to digitalize government processes and services. “We are challenging LGUs to keep up and digitalize their own processes and services. encourage our local governments to implement digital...
A Filipino workers association in the online gaming industry on Wednesday, Oct. 26, denounced the calls by three prominent local business groups to phaseout Philippine offshore gaming operators (POGOs) and their service providers. In a statement, the group Pinoy sa POGO, composed of more than...
The Department of Finance (DOF) urged local government units (LGUs) to strengthen their revenue mobilization capacities through real property tax collections in order to support the country’s economic resurgence. During the Bureau of Local Government Finance (BLGF) anniversary seminar on Tuesday,...
The Bureau of Internal Revenue (BIR) will look into the tax compliance of Filipino celebrities that were among the highest-earning personalities on Instagram. Finance Secretary Benjamin E. Diokno said the tax authorities have eyes set on the so-called Instagram Rich List 2022 compiled by...
The government is committed to boost the growth of the Information Technology and Business Process Management (IT-BPM) industry, the Department of Finance (DOF) said. At the recent Contact Center Association conference, Finance Secretary Benjamin E. Diokno said the government will build an enabling...
Malacañang is not calling the shots on monetary policy, the Department of Finance (DOF) said as it defended the independence of the Bangko Sentral ng Pilipinas from politics. Finance Secretary Benjamin E. Diokno said the Bangko Sentral ng Pilipinas (BSP) will continue to preserve its independence...
Digitalization lures more taxpayers, efficiency—Diokno By Chino S. Leyco The government’s two main tax agencies’ transition to digital payment systems has increased the number of taxpayers and improved their tax administration efficiency, the Department of Finance (DOF) said. Finance...
The Department of Finance (DOF) expressed gratitude to the Philippine Chamber of Commerce and Industry (PCCI) for supporting the government’s fiscal policy reforms that made the Philippines attractive to investors. At the recent 48th Philippine Business Conference and Expo, Finance Assistant...
Albay 2nd district Rep. Joey Salceda has assailed the Department of Finance's (DOF) assertion that the kidnapping incidents allegedly linked to Philippine Offshore Gaming Operators (POGOs) could have an adverse effect on foreign direct investments (FDIs) flowing into the country. Albay 2nd district...
Finance Secretary Benjamin E. Diokno asked the private sector to support the Marcos administration’s economic plan anchored in bringing the Philippines at par with its high-flying Southeast Asian neighbors. At the 48th Philippine Business Conference and Expo on Wednesday, Oct. 19, Diokno...
Marikina 2nd district Rep. Stella Quimbo is out to source additional funding for the local footwear, leather goods, and tannery industry saying that additional funds be sourced from a portion of the taxes collected from importing footwear products. A shoe factory in Marikina City doubles its...
A lawmaker who represents a multi-sectoral party lauded overseas Filipino workers (OFWs) on Tuesday, Oct. 18, for propping up the Philippine economy that is steadily recovering from the Covid-19 pandemic. (FILE PHOTO / MANILA BULLETIN) KABAYAN Party-list Rep. Ron Salo said the remittances of OFWs...
