The Department of Finance (DOF) remains optimistic that Congress will pass this year the remaining tax reform packages that aim to reform the property valuation system and simplify capital market taxation. After the legislature was able to act on a slew of economic liberalization bills in 2021,...
Foreign chambers and business groups have urged for urgent passage of House Bill 8910 or the Open Access in Data Transmission bill, which aims to bridge critical gaps in broadband infrastructure by attracting more firms to invest in the data transmission and broadband sector. The House approved the...
Eleven senators have signed a Senate resolution condemning the illegal activities of China in the Philippines' exclusive economic zone (EEZ) and other parts of the West Philippine Sea. (Senate of the Philippines PRIB) The senators said China’s incursions in the West Philippine Sea are clearly in...
MB file Senators have crossed party lines to commend the Department of Finance (DOF) for its competent and efficient management of state finances in the face of the massive public spending needed to mitigate the health and economic effects of the pandemic. Senate Minority Franklin Drilon...