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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......»»
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......»»
PDEA nabs 10 in 2 Bataan operations
PDEA nabs 10 in 2 Bataan operations.....»»
SAF beefs up training in airborne operations
Elite troopers from the Special Action Force (SAF) beefed up their training in airborne operations to protect the country’s maritime domain, an official said on Thursday......»»
OBO Cebu City suspends operations of condo unit where kid fell
CEBU CITY, Philippines — The Office of the Building Official, or OBO, in Cebu City has temporarily suspended the operations of the condo unit where the four-year-old kid fell and died. This after the OBO, headed by its head, Architect Florante Catalan, conducted an ocular inspection on Thursday morning, April 11. READ: Boy dies after.....»»
Al-Shifa Hospital raid one of the single largest operations in the war: Israeli military sources
Israeli military sources have hailed the weeklong raid on Al-Shifa Hospital in Gaza as one of the most successful operations in the ongoing conflict with.....»»
Royalty on mining operations outside reservations pushed
The Mines and Geosciences Bureau (MGB) said that mining operations outside mineral reservations must pay a royalty as part of the government’s rationalization of the country’s mining fiscal regime......»»
UPS expands Clark operations
Logistics giant UPS is expanding operations at the Clark International Airport in Pampanga as part of its $250-million commitment to scale up its Asia-Pacific business......»»
2GO bulks up operations with new vessel
2GO Group Inc., a subsidiary of Sy-led SM Investments Corp., is going full speed ahead on its expansion, bolstering its operations with the addition of a new vessel for travel and logistics......»»
PNR to completely suspend Metro Manila operations - International Railway Journal
PNR to completely suspend Metro Manila operations International Railway Journal.....»»
Chocolate Hills resort halts operations
The Captain’s Peak Resort that lies within the world famous Chocolate Hills area temporarily shut down its operations yesterday, resort manager Julieta Sablas said......»»
Iloilo police net over P1.3M shabu in separate operations
Iloilo police net over P1.3M shabu in separate operations.....»»
MPTC to sell stake in Vietnam firm
Metro Pacific Tollways Corp. (MPTC) will sell its Vietnam operations for at least P4 billion to simplify its business structure in preparation for the possible merger with the toll road operations of San Miguel Corp. (SMC)......»»