The share of tax revenues to the Philippine economy has lingered below the regional average of efficient collections, highlighting the need to further improve tax administration and enforcement. The Organization for Economic Co-operation and Development’s (OECD) Revenue Statistics in Asia and the...
The Philippines has increased its tax take as a share to the economy in 2022, even as it lagged behind the regional average in collection efficiency. According to the Organization for Economic Cooperation and Development's (OECD) Revenue Statistics in Asia and the Pacific 2024 report, the...
Do many people still have a “go bag” survival kit tucked near the front door? Years ago, a government information campaign successfully convinced many to have a “go bag” just in case one needed to evacuate one’s house at a moment’s notice due to a natural disaster. That was after...
The Duterte administration’s revenue effort since it took office emerged as the highest among different presidential terms in over two decades, the Department of Finance (DOF) boasted. In a report to Finance Secretary Carlos G. Dominguez III by the DOF’s Domestic Finance Group (DFG), it said...
House Deputy Minority leader and Bayan Muna Rep. Carlos Isagani Zarate on Thursday, Dec. 23 called on the Duterte administration to stop scrimping on government funds as it deals with the devastation that typhoon “Odette” wrought on several provinces, saying that government has at least P9...
The Philippines should continue to adopt fiscal reforms, particularly tax reforms still pending in Congress, to sustain these fiscal gains, the Department of Finance (DOF) said. Based on its latest DOF economic bulletin, it noted that the recent fiscal reforms have boosted the government’s tax...
The pandemic has put most of the world at a standstill, but the Iglesia Ni Cristo Church, 107 years since its founding, has kept growing and moving forward By ABBIE VALLE-SELGA BEACON OF HOPE Iglesia Ni Cristo Central Temple, Quezon City (George Maniego) When the World Health Organization (WHO)...
The Department of Finance (DOF) said the government should continue adapting fiscal reforms as tax collections begin to recover in the first three months of the year following the unprecedented spending last year due to the pandemic. Based on the latest DOF economic bulletin, Finance Undersecretary...
Gerald Anderson recently took time off canoodling with Julia Barretto to help the Philippine Coast Guard (PCG) distribute food packs to fishermen in Botolan, Zambales. According to the coast guard, the effort is part of its project Bayanihan sa Karagatan. “Ayon kay LCDR Anderson PCGA, nakiisa...
