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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

‘Central Luzon airports can co-exist’

Will the Clark International Airport manage to survive and thrive once the largest gateway in the Philippines located in nearby Bulacan is built? Its operator believes that yes, it will persist......»»

Category: financeSource:  philstarRelated NewsMay 12th, 2024

Amnesty urges Marcos to end drug war as killings persist

Human rights group Amnesty International has called on the administration of President Ferdinand Marcos Jr. to adopt a clear and unequivocal policy ending the "war on drugs" and extrajudicial killings......»»

Category: newsSource:  philstarRelated NewsApr 24th, 2024

Easterlies persist nationwide bringing hotter days ahead — Pagasa

MANILA, Philippines — The easterlies or warm winds blowing from the Pacific Ocean continue to dominate nationwide bringing hotter temperaturs in the days ahead. That is according to the state weather bureau. Even if there would be a possibility of isolated rain showers and thunderstorms in Eastern Visayas and Mindanao, hot and humid weather would.....»»

Category: newsSource:  inquirerRelated NewsApr 15th, 2024

Women shaping Philippine monetary policy

Women have made significant strides as leaders in the Philippine financial services industry even as challenges continue to persist. At the helm are two distinguished female members of the Monetary Board (MB) – the policy-setting body of the Bangko Sentral ng Pilipinas (BSP) –both of whom are breaking the bias for women in finance......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

China Will Be Global Force for Peace : Wang Yi

TEHRAN (Tasnim) - China will be a global force for peace and stability, the country's foreign minister, Wang Yi, said at a press conference in Beijing on Thursday. - Other Media news - "In the face of complex turmoil in the international environment, China will persist in being a force for peace, a force for stability, and a force for progress in the world," Wang told reporters, AFP reported.Wang mad.....»»

Category: sportsSource:  abscbnRelated NewsMar 7th, 2024

El Nino costs Philippine agriculture up to 18.9 mln USD

MANILA, March 6 (Xinhua) -- The Philippine government said Wednesday that the El Nino dry spell and drought has cost Philippine agriculture over 1 billion pesos (roughly 18.9 million U.S. dollars) while the climate pattern may persist till the second quarter this year. The National Disaster Risk Reduction and Management Council said El Nino has affected over 23,000 farmers and fisherfolk, damaged nearly 18,000 h.....»»

Category: sportsSource:  abscbnRelated NewsMar 6th, 2024

Xinhua world economic news summary at 0900 GMT, March 6

MANILA -- The Philippine government said Wednesday that the El Nino dry spell and drought has cost Philippine agriculture over 1 billion pesos (roughly 18.9 million U.S. dollars) while the climate pattern may persist till the second quarter this year. The National Disaster Risk Reduction and Management Council said El Nino has affected over 23,000 farmers and fisherfolk, damaged nearly 18,000 hectares of crop ar.....»»

Category: sportsSource:  abscbnRelated NewsMar 6th, 2024

Arts and rights community in unison: Free Jade Castro

“How many more artists will continue to be vulnerable to such attacks? We denounce how these violations of our rights persist under the current administration and join our colleagues in the call to release Castro immediately." The post Arts and rights community in unison: Free Jade Castro appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 6th, 2024

Shipping giant warns of global transport disruptions

Maersk has put customers on notice that risks in the Red Sea may persist for months      Danish shipping major AP Moller-Maersk has warned of significant disruptions to the global shipping network due to the elevated risk of attacks in the Red Sea.   "While we hope for a sustainabl.....»»

Category: newsSource:  philippinetimesRelated NewsJan 20th, 2024

Climate talk: Marcos s contradictory policies on reclamation, energy, mining

AS ALL eyes are on the COP28 conference in Dubai, reports in the country continue to highlight climate change and environmental concerns; in the process exposing the Marcos administration's policy directions on climate issues as inconsistent, even contradictory.Timely reports on reclamation, energy, and mining flag the problems that persist. Media coverage reveal that the Marcos administration's policy direction.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

Climate talk: Marcos s contradictory policies on reclamation, energy, mining

AS ALL eyes are on the COP28 conference in Dubai, reports in the country continue to highlight climate change and environmental concerns; in the process exposing the Marcos administration's policy directions on climate issues as inconsistent, even contradictory.Timely reports on reclamation, energy, and mining flag the problems that persist. Media coverage reveal that the Marcos administration's policy direction.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

Roosevelt Memorial High School homesite homecoming

Isasagawa ng Roosevelt Memorial High School-Homesite ang Alumni Homecoming at Reunion nito na gaganapin sa darating na Abril 7, 2024, sa Marikina Convention Center sa Barangay Concepcion 2, Marikina City. The post Roosevelt Memorial High School homesite homecoming first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMar 31st, 2024

As prices increase, farmers demand repeal of Rice Liberalization Law

“Farmers and consumers are demanding the strengthening of the rice industry as a solution to the perennial rice inflation, now nearing an all-time high rate that is expected to continue until July." The post As prices increase, farmers demand repeal of Rice Liberalization Law appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 15th, 2024

STATEMENT | On USec. Paul Gutierrez’s Red-tagging of Journalist Frenchie Mae Cumpio

This is exactly what we mean by red-tagging: a senior government official linking civilians to alleged communist groups without proof. May we remind Mr. Gutierrez that Ms. Cumpio is contesting the charges filed against her in court and has yet to be convicted. There is absolutely no point for anyone, more so a high government official, to forget that “everyone is innocent until proven in a court of law.” The post STATEMENT | On USec. Paul Gutierrez’s Red-tagging of Journalist Frenchie Mae Cumpio appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 18th, 2024