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DOF: GFIs can seek extended relief after Maharlika infusion

Government financial institutions Land Bank of the Philippines and Development Bank of the Philippines will likely seek an extension of its regulatory relief following contributions to the country’s sovereign wealth fund......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

DOF mulls mining tax tweaks for royalties, windfall profits

The Department of Finance is pushing for higher rates and fewer tiers in taxing the extractive sector, but the mining industry argued that the proposed structure would make the sector more uncompetitive......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

DOF finalizing P55.7 billion loan for Metro Manila subway

The government targets to secure P55.7 billion in loans from the Japanese government for the third tranche of financing for the Metro Manila Subway Projects by March......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

DoF considering IPOs for LandBank, DBP

The Philippine News Agency reported that the Department of Finance, under new Secretary Ralph Recto, is “exploring amendments to the charters of the Land Bank of the Philippines and Development Bank of the Philippines”, which Mr. Recto said could include “their possible public listing, to broaden the local capital market.”.....»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

British Chamber pushes for Anti-Agricultural Smuggling Act, lauds appointment of Recto as DOF Secretary

BCCP Executive Director/Trustee Chris Nelson reiterates support for the passage of the Anti-Agricultural Smuggling Act, one of the key priority legislation under the Marcos administration......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Rep. Ralph Recto itinalagang bagong finance secretary

MAY napili na si Pangulong Bongbong Marcos na bagong uupong hepe para sa Department of Finance (DOF). Kinumpirma ng Malacañang na ang itinalagang bagong finance secretary ay ang Deputy Speaker at Batangas Representative na si Ralph Recto. Ayon kay Presidential Communications Office Secretary Cheloy Garafil, nakatakdang manumpa sa pwesto si Rep. Ralph ngayong January 12......»»

Category: newsSource:  inquirerRelated NewsJan 12th, 2024

Bird flu: What we know (and don’t) about its potential to cause a human pandemic

Virologist Seema Lakdawala recently expressed concerns about the potential spread of the H5N1 avian flu virus among dairy cows and the risks it poses to.....»»

Category: newsSource:  thedailyguardianRelated NewsMay 1st, 2024

BBM touts P2.9B for Lapu, potential of Mactan Expo

BBM touts P2.9B for Lapu, potential of Mactan Expo.....»»

Category: newsSource:  sunstarRelated NewsApr 27th, 2024

Wegotmail: Unlocking potential: Embracing Federalism for inclusive development in the Philippines

Wegotmail: Unlocking potential: Embracing Federalism for inclusive development in the Philippines.....»»

Category: newsSource:  sunstarRelated NewsApr 11th, 2024

Malaysian Chamber eyes Davao’s logistics hub potential

THE Malaysia Chamber of Commerce and Industries Philippines, Inc. (MCCI) foresees strong business confidence for investing in Davao City, positioning it as a potential world-class logistics hub competing with leading regions in Southeast Asia such as Singapore, Macau, and Kuala Lumpur in Malaysia......»»

Category: newsSource:  sunstarRelated NewsMar 13th, 2024

Philippines to revitalize seaweed industry to regain top exporter

MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday vowed to revitalize the country's seaweed industry by beefing up the government support to local seaweed producers and boosting the potential of the second biggest export earner in Philippine aquaculture. Philippine Agriculture Secretary Francisco Tiu Laurel expressed optimism about the Philippine seaweed industry's potential t.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024

Philippines to revitalize seaweed industry to regain top exporter

MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday vowed to revitalize the country's seaweed industry by beefing up the government support to local seaweed producers and boosting the potential of the second biggest export earner in Philippine aquaculture. Philippine Agriculture Secretary Francisco Tiu Laurel expressed optimism about the Philippine seaweed industry's potential t.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

2 Basilan military commanders tackle potential challenges

2 Basilan military commanders tackle potential challenges.....»»

Category: newsSource:  sunstarRelated NewsFeb 11th, 2024

Polycystic Ovary Syndrome (PCOS) Associated with Cognitive Decline, Study Reveals

New Study Reveals Potential Cognitive Dysfunction Linked to Polycystic Ovary Syndrome (PCOS) A new research study has shed light on the potential cognitive dysfunction that.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 2nd, 2024

BSP Governor Eyes Potential Rate Cut as Inflation Eases

In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»

Category: newsSource:  metrocebuRelated NewsJan 30th, 2024

The Daily Guardian: Cowboys Owner Jerry Jones Potential Interest in Bill Belichick and the Pressing Time Constraint

Title: Dallas Cowboys Owner Jerry Jones Faces Uncertainty in Coaching Staff Evaluations Subtitle: Potential Shifts in Head Coach Position Add Intrigue to Cowboys’ Future (Word.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 16th, 2024

‘Grave insult to commuters’: Marcos draws flak for chopper ride to Coldplay concert in Bulacan

(1st UPDATE) 'Recognizing that this traffic situation posed a potential threat to the security of our President, the PSG took decisive action by opting for the presidential chopper,' PSG chief Nelson Morales explains.....»»

Category: newsSource:  rapplerRelated NewsJan 20th, 2024