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Department Of Finance Chief: Government To Improve VAT Collection Efficiency

The government partners with the International Monetary Fund to address low VAT efficiency, aiming to recover exemptions and improve collections.

ARTA To Issue Joint Circular Prioritizing Infra Flagship Projects

Anti-Red Tape Authority collaborated with government agencies to issue a joint memorandum circular to expedite permits for the Marcos administration’s infrastructure flagship projects.

Government Collects Over PHP200 Billion From Tax Reform

The national government’s implementation of a tax reform program in 2022 yielded additional revenue, marking a 26.3% increase from the previous year.

PH, JICA Ink MRT 3 Rehab Project Loan Deal

The national government secures a $130 million loan from Japan for MRT Line 3 Rehabilitation Project, enhancing capacity and infrastructure.

BSP, BDO Foundation Team Up For Interactive E-Learning Course

The Bangko Sentral ng Pilipinas partnered with a local banking foundation to develop a free online personal finance course to enhance Filipino’s financial literacy.

PH, China To Deepen Cooperation On Agriculture

The Philippines and China aim to enhance agricultural cooperation through discussions and potential investments, fostering a promising future of collaboration.

PH, UK Seek Enhanced Economic Ties Via New Joint Action Plan

The Philippines and the United Kingdom strengthen economic ties with a blueprint for increased trade, investment, and renewable energy collaboration.

Strong Economic Activities Stabilize PH Growth

Budget Secretary Amenah Pangandaman vowed to promote activities to sustain economic growth nationwide.

Windmills Boost Oriental Mindoro’s Power Amid Shortage

An electric company in Oriental Mindoro planned to expand the presence of windmills to address power interruption in the province.

ECCP: Philippines Entering ‘Golden Age’ Of Investments

The Philippines enters a “golden age” of European investments due to attractive policies and economic stability.

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