While final details of the general tax amnesty eyed for enactment this year are still being ironed out, the Department of Finance (DOF) disclosed that the measure will likely cover taxable years 2007 to 2024, resuming from the last time a similar law was implemented, which raked in billions of...
Prominent business groups welcomed the appointment of Secretary Vince Dizon as the new head of the Department of Public Works and Highways (DPWH), saying that he could breathe new life into an agency embroiled in allegations of anomalies in flood control projects. In separate statements, the...
The Department of Trade and Industry (DTI) will undertake a major overhaul of the agency responsible for accrediting contractors, following allegations of corruption linked to anomalous flood control projects. DTI Secretary Cristina Roque said her department will “clean up” the Philippine...
The Department of Trade and Industry (DTI) is exploring the launch of a loan program to mitigate the impact of reciprocal tariffs imposed by the United States (US) on domestic exporters. DTI Secretary Cristina Roque said her agency is gearing up to study a loan program for exporters, ranging from...
LONDON, England – Building a nuclear plant isn’t just about typical infrastructure development; it requires a multi-generational commitment. It can take 10-15 years, or even longer, before a project can advance to commercial operations. Beyond the grueling work of securing public acceptance and...
The Department of Trade and Industry (DTI) is seeking to increase its proposed budget for next year by as much as ₱2 billion to enhance the country’s investment promotion programs and attract more foreign investments amid ongoing trade tensions. Under the National Expenditure Program (NEP),...
The Philippines is negotiating with the United States (US) to exempt exports of coconut products from the 19-percent reciprocal tariffs imposed by US President Donald Trump, according to the Department of Trade and Industry (DTI). DTI Secretary Cristina Roque said the government is working to...
The Department of Justice (DOJ) has indicted Abra Mining & Industrial Corp. (AR), its directors, officers, transfer agent, and certain stockholders for the unauthorized and fraudulent trading of shares from 2015 to 2019. Acting upon the complaint filed by the Securities and Exchange Commission...
Senator Sherwin Gatchalian said on Saturday, Aug. 30, that he already flagged questionable allocations in the budget request of the Department of Public Works and Highways (DPWH) for 2026, similar to what Senator Panfilo "Ping" Lacson had already exposed. In an interview with DWIZ, Gatchalian...
Senator Sherwin Gatchalian welcomed on Saturday, Aug. 30, the indictment of former Department of Energy (DOE) secretary Alfonso Cusi by the Ombudsman over the controversial 2019 Malampaya deal. "I welcome the decision of the Ombudsman to indict former DOE secretary Alfonso Cusi and other officials...
Senator Panfilo "Ping" Lacson has called for an immediate investigation and filing of the necessary criminal and administrative charges against at least two members of the Philippine Contractors Accreditation Board (PCAB) for overlapping and conflicting positions as owners of construction companies...
The Department of Tourism (DOT) unveiled the Philippine Golf Experience in Clark, Pampanga, on Friday, Aug. 29, casting golf as a centerpiece of the country’s tourism strategy to generate jobs, attract investments, and strengthen global competitiveness. Tourism Secretary Christina Garcia-Frasco...
