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Government cuts borrowings to P203 billion in January

The Marcos administration slashed its borrowings by 45 percent to P203 billion at the onset of the new year in the absence of new global bond offerings.......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Revenue loss due to PIFITA may hit P126 billion

The government may have to forgo P126 billion in revenues over the next five years from the remaining tax reform package that seeks to simplify the tax system......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

Tax Notes: BIR clarifies tax treatment of interest on borrowings

Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

Tax Notes: Online sellers subject to 1% expanded withholding tax

Tax Notes: Online sellers subject to 1% expanded withholding tax.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

New tax proposals seen to yield P213 billion revenue

The Marcos administration expects to generate P213 billion over the next five years from the priority tax proposals of the Department of Finance......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Panaad Festival 2-day sales generate P4.4M

Panaad Festival 2-day sales generate P4.4M.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024

‘Invest to generate passive income’

Now is the time to invest to generate passive income as inflation is expected to slow down this year, according to a financial analyst......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

10 offshore wind projects to generate power by 2028

At least 10 offshore wind projects with 6.72-gigawatt (GW) capacity are expected to generate power by 2028, according to Energy Undersecretary Rowena Cristina Guevara......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

To raise gov’t revenues, Recto says solution need not involve new taxes

New Finance Secretary Ralph Recto says non-tax efforts like helping businesses comply with the law will help government meet its revenue targets.....»»

Category: newsSource:  rapplerRelated NewsJan 24th, 2024

Mendiola massacre victims honored by continuing demands for peace talks, genuine agrarian reform

“Our commitment to lasting peace never ended. For the martyrs of Mendiola, we continue to assert peace talks [in different administrations] together with the KMP, and we acknowledge the recent breakthroughs in the Oslo Joint Statement, a sign for the resumption of peace talks." The post Mendiola massacre victims honored by continuing demands for peace talks, genuine agrarian reform appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 25th, 2024

‘No tax breaks for eco-zone work-from-home firms’

Work-from-home setups of business enterprises in economic zones should no longer get tax incentives under the Corporate Recovery and Tax Incentives for Enterprises Act as the public health emergency status for COVID-19 has already been lifted, Justice Secretary Jesus Crispin Remulla clarified in a legal opinion......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

Philippines announces decisive measures amid tensions with China

Manila [Philippines], March 28 (ANI): Amid the escalating tensions in the South China Sea, Philippine President Ferdinand R Marcos Jr has announced decisive measures to protect his country's sovereignty and maritime rights while ensuring peace and stability in the Indo-Pacific. Marcos, known as Bongbong, said that the measures, aimed at addressing what he said is the "open, unabating, and illegal" actions by China's Coast.....»»

Category: newsSource:  manilanewsRelated NewsMar 28th, 2024

Recto revives plan to sell NAIA assets

Finance Secretary Ralph Recto has revived plans to sell the assets of the Ninoy Aquino International Airport and turn it into a new business district to generate additional revenues for state coffers......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

DOF completes team of senior officials

Three months since his appointment, Finance Secretary Ralph Recto has finally assembled a complete team that would help him consolidate the country’s finances and generate much needed revenues for state coffers......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2024

Recto urged to pursue progressive taxes

Newly appointed Finance Secretary Ralph Recto should backpedal from pursuing consumption-based taxes and instead focus on more progressive ones in order to generate revenues amid the country’s limited fiscal space, economists said......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Recto to prioritize pending tax reforms

Newly appointed Finance Secretary Ralph Recto has committed to focusing on tax measures deemed a priority by President Marcos......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

E. Samar farmers finish farm business school

Thirty-three members of an agrarian reform beneficiaries organization (ARBO) from a remote farming village in this fifth class municipality completed the Farm Business School (FBS) of the Department of Agrarian Reform (DAR)......»»

Category: sportsSource:  abscbnRelated NewsMar 12th, 2024

Church’s social arm doubt sincerity in Philippine land reform program

Church’s social arm doubt sincerity in Philippine land reform program.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

President Marcos to finish agriculture reform program before term ends

The government’s agrarian reform program, which President Marcos said was an “unfinished battle” of his late father, would be finished before the end of his term  in 2028. .....»»

Category: newsSource:  philstarRelated NewsFeb 17th, 2024