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Mapúa MCM celebrates standard of quality education with certification of ISO 21001:2018
Mapúa MCM celebrates standard of quality education with certification of ISO 21001:2018.....»»
Mayor bares ‘ingredients’ for successful economy
Mayor bares ‘ingredients’ for successful economy.....»»
Joel Embiid undergoes successful meniscus procedure and will be reevaluated in 4 weeks
Philadelphia 76ers’ Star Joel Embiid Undergoes Successful Knee Surgery Philadelphia 76ers’ star player, Joel Embiid, recently underwent surgery to repair the meniscus tear in his.....»»
Shang Properties looks forward to a stronger 2024 with its successful rebrand and new property launches
Shang Properties looks forward to a stronger 2024 with its successful rebrand and new property launches.....»»
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......»»
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......»»
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......»»
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.”.....»»
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......»»
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......»»
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......»»
Foreign debt reaches all-time high in 2023
The country’s foreign debt reached another record high in 2023, as both the national government and the private sector borrowed more from offshore creditors, the central bank said......»»
Tarlac POGO hub raid: Raps filed vs 8 Chinese
Criminal complaints were filed yesterday against eight Chinese who were arrested during a raid at a Philippine offshore gaming operator (POGO) hub in Bamban, Tarlac on Wednesday......»»
Ena Mori nilabas ang ‘Heartache Generation’, first single sa taong 2024
NGAYONG kasisimula lang ng taong 2024, nag-release ng bagong single ang Filipino-Japanese artist na si Ena Mori. Pinamagatan itong “Heartache Generation” via Offshore Music and Sony Music Entertainment. Ayon sa singer, ang bagong kanta ay tungkol sa “existential crisis” na nararamdaman niya sa tuwing papalapit na ang kanyang kaarawan. “Heartache Generation is written by me,.....»»
402 POGO hubs have expired licenses’
At least 402 Philippine offshore gaming operator hubs in the country have expired licenses, according to the Philippine Anti-Organized Crime Commission......»»
SC junks petition challenging legality of POGOs
The Supreme Court has junked a petition challenging the legality of the rules on Philippine offshore gaming operators or POGOs for violating the doctrine of hierarchy of courts and failing to meet the requirements for judicial review......»»
Metrobank raises record $1 billion from international bond market
Metropolitan Bank & Trust Co. has raised $1 billion as investors gobbled up its dual tranche offering of five and 10-year dollar-denominated notes as part of its return to the offshore debt market......»»
What impact could a potential POGO ban have on the REITs?
I got this question in response to news that the House of Representatives approved two measures that seek to ban POGOs in the Philippines. POGOs, or Philippine Offshore Gaming Operators, are licensed and monitored by the Philippine Amusement and Gaming Corp., and have been controversial since their presence exploded during Rodrigo Duterte’s term as president......»»