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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.....»»

Category: newsSource:  manilanewsRelated NewsJan 14th, 2024

Xinhua world economic news summary at 0900 GMT, Jan. 14

MANILA -- 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, telecommunication infrastructure,.....»»

Category: newsSource:  manilanewsRelated NewsJan 14th, 2024

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.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Xinhua world economic news summary at 0900 GMT, Jan. 14

MANILA -- 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, telecommunication infrastructure,.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 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

Manila LGU extends deadline for applications for business permits and licenses, payment of taxes and fees

Manila Mayor Honey Lacuna announced that the city government has extended the deadline for the filing of applications of business permits and licenses as well as the payment of taxes and fees. This, according to Lacuna, is meant to give business owners and the taxpayers of Manila more time to settle their dues. The mayor […].....»»

Category: newsSource:  journalRelated NewsJan 24th, 2024

BIR eyes P325 billion from excise taxes

The Bureau of Internal Revenue targets to collect higher excise taxes of up to P325 billion this year as the government moves to improve the regulatory environment and address the still rampant illicit trade......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Nine SKUs post price hike in latest SRP bulletin

Nine stock keeping units have recorded price hikes in the most recent suggested retail price bulletin for basic necessities and prime commodities, according to the Department of Trade and Industry......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

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......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

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......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Diokno proud to leave DOF in better state of affairs

"I am proud knowing that I will be leaving my post at a time when the Philippine economy, in general, and the DOF, in particular, are in a better state of affairs than when I inherited them.".....»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

BOC intercepts P791 million smuggled cigarettes

Customs officers recently intercepted smuggled cigarettes from Singapore valued at P791 million......»»

Category: newsSource:  philstarRelated NewsMay 15th, 2024

BIR seizes P5.4 billion worth of illicit cigarettes

The trade of illicit cigarettes remains a problem with the Bureau of Internal Revenue unearthing P5.4-billion in tax liabilities from its latest operation......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

Cops seize 45 boxes of imported cigarettes in Sulu

Policemen on Sunday confiscated 45 large boxes of cigarettes from Indonesia ready for delivery to local buyers. These were found in a barangay in the seaside Indanan town in Sulu......»»

Category: newsSource:  philstarRelated NewsApr 2nd, 2024

P21 million worth of smuggled cigarettes confiscated in Sarangani

The police seized P21 million worth of cigarettes from Indonesia in an anti-smuggling operation in Glan, Sarangani on Saturday......»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024

P64 million smuggled cigarettes seized off Tawi-Tawi

Smuggled cigarettes with an estimated market value of P64 million were seized in the waters off Tawi-Tawi on Saturday......»»

Category: newsSource:  philstarRelated NewsMar 10th, 2024

2 arrested, P9.7-M smuggled cigarettes seized

2 arrested, P9.7-M smuggled cigarettes seized.....»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

Smuggled cigarettes seized in Cotabato

Smuggled cigarettes with an estimated market value of P1.4 million have been seized in a police operation in this city......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

P1.4-M worth imported cigarettes seized in Cotabato City

The police will turn over this week to the Bureau of Customs the P1.4 million worth imported cigarettes seized in a nighttime anti-smuggling operation at a riverside barangay here just this weekend......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

P1.4-M smuggled cigarettes seized

P1.4-M smuggled cigarettes seized.....»»

Category: newsSource:  sunstarRelated NewsFeb 11th, 2024