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Duterte orders closure of all online gaming firms

MANILA, December 23, 2016 (PNA) — President Rodrigo Duterte on Thursday ordered the closure of all online gaming firms based in the Philippines, saying the country has no ...
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Finance news
Economy

DOF urges Congress to let sin tax law ‘run its course’

December 8, 2016 — Finance Secretary Carlos Dominguez III has urged the congressional oversight committee on the Sin Tax Reform Act to allow Republic Act No. 10351 or the Sin ...
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Economy News

Senate to pass P3.35-trillion 2017 national budget on Monday

MANILA, November 24, 2016 (PNA) — Senate President Aquilino “Koko” Pimentel III on Thursday said that he expects the Senate to pass the proposed 2017 national budget of ...
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Economy Life News

Peso movement vs Dollar is in line with other Asian currencies

Finance Secretary Carlos Dominguez III said the Philippine peso’s breaching of the P50 level against the dollar is an expected reaction of the local currency to the anticipated ...
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Economy News

Russians to buy US$ 2.5 billion worth of Philippine fruits and vegetables

President Duterte foreign policy shift away from the United States and into the spheres of influence of China and Russia has again been proven to be the right ...
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Economy Life News

Duterte administration to use taxes paid by the rich to help the poor

Speaking at a tax forum sponsored by the Stratbase ADR Institute, Inc. (ADRi) at the Ortigas Business Center in Pasig City, Finance Undersecretary Karl Kendrick Chua said that ...
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Finance news
Economy Life News

Government to use the Php 174B generated from the Tax Reform and Inclusion Act to help ‘vulnerable sectors’

The Department of Finance (DOF) expects to raise from its proposed Tax Reform and Inclusion Act a net gain of P174.2 billion, of which a substantial portion would ...
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Economy Life News

6 million Filipinos to be freed from poverty with Duterte’s tax reform program

Finance Secretary Carlos Dominguez III said today that congressional approval of the proposed tax reform program would help the Duterte administration realize its vision of reducing the poverty ...
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Economy Life News

Duterte chairmanship of ASEAN timely as Trump gears towards US isolation

Given President Duterte’s striking display of prescience in his early foreign policy pivot towards regional integration with Southeast and North Asia, his chairmanship of the Association of Southeast ...
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Economy Life News

Farmers, fisherfolk, and small entrepreneurs can now get easy, ‘out-of-the-box’ loans from LandBank

The Land Bank of the Philippines (LandBank) has opened “out-of-the-box” lending facilities for farmers, fisherfolk, and inventors along with small and micro entrepreneurs, especially in remote or unserved ...
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