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Karapatan on the Marcos Jr. admin’s amnesty program
Human rights alliance Karapatan takes exception to the Marcos Jr. government’s recently announced amnesty program for its failure to recognize and address the social, political and economic roots of the armed conflict in the Philippines......»»
Año urges rebels to surrender, avail themselves of amnesty program
Año urges rebels to surrender, avail themselves of amnesty program.....»»
SC strikes down Duterte s proclamation revoking Trillanes’ amnesty
The Supreme Court ruled in favor of former Sen. Antonio Trillanes IV, affirming the validity of his amnesty and deeming the proclamation revoking it unconstitutional......»»
SC strikes down Duterte s proclamation revoking Trillanes’ amnesty
The Supreme Court ruled in favor of former Sen. Antonio Trillanes IV, affirming the validity of his amnesty and deeming the proclamation revoking it unconstitutional......»»
Government eyes expanded amnesty for Reds
President Marcos wants to expand the amnesty program for communist rebels to include about 1,500 insurgents who have yet to surrender to the government, officials said.....»»
ADB approves 655,000 USD to help Philippine rural banks digitization
MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»
ADB approves 655,000 USD to help Philippine rural banks digitization
MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»
Duterte revocation of Trillanes amnesty unconstitutional – SC
The Supreme Court has voided an order issued by former president Rodrigo Duterte revoking the amnesty granted to former senator Antonio Trillanes IV......»»
MILF lauds Senate for adopting House rebel amnesty resolutions
COTABATO CITY (MindaNews / 7 March) – The Moro Islamic Liberation Front (MILF) lauded the Senate for adopting three resolutions of the House of Representatives that concur with President Ferdinand Marcos Jr.’s grant of amnesty to former rebels. Bangsamoro Interim Chief Minister Ahod “Al Haj Murad” Ebrahim, also the MILF chair, said the granting of […].....»»
Tax Notes: BIR clarifies tax treatment of interest on borrowings
Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»
Tax Notes: Online sellers subject to 1% expanded withholding tax
Tax Notes: Online sellers subject to 1% expanded withholding tax.....»»
India to deliver first set of BrahMos missiles to Philippines tomorrow
New Delhi [India], April 18 (ANI): India is set to deliver the first set of BrahMos supersonic cruise missiles to the Philippines as part of the USD 375 million deal between the two sides signed in 2022. The Indian Air Force is sending its American origin C-17 Globemaster transport aircraft with the missiles to Philippines to deliver the weapon system to the Philippines Marine Corps, defence sources said. The transportati.....»»
DOF drops income tax hike for dividend income
The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»
Tax credit scam: 5 ex-DOF execs get 8 years
The Sandiganbayan has affirmed the conviction of five former officials of the Department of Finance for graft over the multibillion-peso tax credit scam in the 1990s......»»
DOF limits tax-exempt status for pickup trucks
The Department of Finance is pushing for only one kind of pickup truck to remain tax-exempt as it insists on the removal of special excise treatment on all other types......»»
Tax revenues jump to P3.4 trillion
The country’s tax revenues rose by five percent to hit P3.38 trillion as the government ramped up its tax administration and digitalization program......»»
Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey
New Delhi [India], March 21 (ANI): Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respon.....»»
What to expect from Sec. Ralph Recto leadership at DOF
Former senator, former NEDA Secretary, congressman, and deputy speaker until this week, and now Secretary of the Department of Finance (DOF), Ralph Recto has a colorful and multiple experience in both the Legislative and Executive branches of the government......»»
Diokno turns over DOF helm to Recto
Secretary Ralph Recto started the ball rolling as he formally took over the helm of the Department of Finance, with former DOF chief and now Monetary Board member Benjamin Diokno handing over the agency in a simple ceremony yesterday......»»
Philippines approved investment projects up 73 pct in 2023
MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»