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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

Pharma firm denies pyramid scheme, admits doctor incentives

Bell-Kenz Pharma Inc. Chief Executive Officer Luis Raymond Go described the claims as “misinformation” and said the firm, owned by a group of doctors, adhered to government allegations. .....»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

Archdiocese of Cebu firm in ownership claim over religious panels

Archdiocese of Cebu firm in ownership claim over religious panels.....»»

Category: sportsSource:  abscbnRelated NewsApr 29th, 2024

Maya Bank lends P2.75 billion to fintech firm Tala

Philippine digital lender Maya Bank has signed a loan channeling partnership with global financial technology firm Tala, providing P2.75 billion of loan capital to the fintech company......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

DMW padlocks recruitment firm

The Department of Migrant Workers yesterday shut down an immigration consultancy firm for reportedly illegally offering jobs in Canada......»»

Category: newsSource:  philstarRelated NewsApr 26th, 2024

Mga dok kasabwat ng pharma firm

Hiniling ng isang health reform advocate kay Health Secretary Teodoro Herbosa na siyasatin ang ulat na may mga doktor ang tumatanggap ng cash at malalaking insentibo kapalit ng pagreseta ng gamot ng pinapaborang pharmaceutical company. The post Mga dok kasabwat ng pharma firm first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 21st, 2024

First Gen awards contract to Chinese firm

Lopez-led First Gen Corp. has awarded a contract to Chinese firm China National Offshore Oil Corp. to supply one liquefied natural gas cargo of approximately 130,000 cubic meters......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

Artist mgmt firm, DSAPI to conduct fashion show for a cause

AN OFFICIAL from an artist management firm said that it would conduct a fashion show for a cause, together with the Down Syndrome of the Philippines, Inc. (DSAPI)......»»

Category: newsSource:  sunstarRelated NewsApr 10th, 2024

COA: Mountain Province LGU awarded projects to banned firm

The Commission on Audit has flagged the provincial government of Mountain Province for awarding two irrigation projects to a blacklisted construction firm......»»

Category: newsSource:  philstarRelated NewsApr 6th, 2024

Lapu-Lapu City signs agreement with private firm for socialized housing project

LAPU-LAPU CITY, Cebu —The Lapu-Lapu City Government has entered into an agreement with a private firm for a socialized housing project in Barangay Calawisan that is scheduled to be realized this year. On Thursday, April 4, Mayor Junard “Ahong” Chan and Johndorf Ventures Corporation President/CEO Richard Lim formally signed a Deed of Donation for the.....»»

Category: newsSource:  inquirerRelated NewsApr 4th, 2024

Poe sa mga water firm: Suplay dapat 24/7

Nanawagan si Senadora Grace Poe sa mga water concessionaire na dapat ay maging 24 oras kada araw ang suplay ng tubig sa kanilang mga customer. The post Poe sa mga water firm: Suplay dapat 24/7 first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 2nd, 2024

Money lending firm collector killed in Zamboanga del Sur ambush

Gunmen killed a collector of a local money lending firm in a daytime ambush in Barangay Lutlutan in Dimataling town, Zamboanga del Sur on Wednesday......»»

Category: newsSource:  philstarRelated NewsMar 28th, 2024

LWUA firm on intervention as MCWD water leakage increases

CEBU CITY, Philippines –The battle over authority continues in the Metropolitan Cebu Water District (MCWD) as the Local Water Utilities Administration (LWUA) stands firm in its decision on the six-month intervention, despite the status quo stance. The LWUA expressed confusion as to why the incumbent MCWD board would not honor the partial intervention, clarifying that.....»»

Category: newsSource:  inquirerRelated NewsMar 21st, 2024

Globe 1st listed PH firm to REACH Net Zero targets

Globe 1st listed PH firm to REACH Net Zero targets.....»»

Category: newsSource:  sunstarRelated NewsMar 11th, 2024

Korean firm agrees to terms of Comelec auto polls contract

South Korean firm Miru Systems and its partners have agreed with the Commission on Elections on the terms in the service contract for the 2025 automated election system.....»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024