New taxes eyed by DoF likely to face opposition
By Kyle Aristophere T. Atienza, Reporter THE MARCOS government will have a difficult time convincing Congress to pass new tax...
DoF
DoF: Tapping GOCC funds keeps inflation from new taxes in check
THE Department of Finance (DoF) said taking money from the reserves of Government-Owned and -Controlled Corporations (GOCCs) is preferable to...
DoF to wait for rate cuts before borrowing abroad
By John Victor D. Ordoñez, Reporter THE PHILIPPINE government will wait for rate cuts from the US Federal Reserve and...
DoF hikes dividend rate of GOCCs
By Luisa Maria Jacinta C. Jocson, Reporter FINANCE SECRETARY Ralph G. Recto has ordered government-owned or -controlled corporations (GOCC) to...
DoF proposes key changes to mining fiscal reform bill
By Aaron Michael C. Sy, Reporter THE FINANCE department is proposing a simplified fiscal regime for the Philippine mining industry...
Growth, fiscal goals need to be ‘more realistic,’ says DoF chief
THE DEVELOPMENT Budget Coordination Committee (DBCC) may need to adjust its growth and fiscal targets to be “more realistic,” Department...
DoF says CREATE incentives benefited P1T worth of projects
PROJECTS BENEFITING from incentives under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law have reached P1.02 trillion in...
DoF defends plan to cut import tariffs on rice
By Luisa Maria Jacinta C. Jocson and Keisha B. Ta-asan, Reporters THE GOVERNMENT’S proposal to reduce import tariffs on rice...
DoF eyes temporary zero tariffs on rice
By Luisa Maria Jacinta C. Jocson, Reporter THE DEPARTMENT of Finance (DoF) is proposing to temporarily slash the tariff rates...
