MANILA -- Economic activity is seen to get an additional boost from the Bangko Sentral ng Pilipinas’ (BSP) cut of banks' reserve requirement ratio (RRR) to 19 percent effective March 2,...
MANILA -- The Finance department supports House Bill 7105, which pushes for a tax amnesty program, in a bid to help the government collect taxes easily.
The bill, which involves Part B of...
MANILA -- Ayala Land Inc. (ALI) has earmarked a record PHP111 billion for capital expenditures (capex) in 2018 and is ready to launch PHP125 billion worth of projects, optimistic about the continued...
MANILA -- Amid more news of lay-offs by several companies in the Philippines in January 2018, Budget and Management Secretary Benjamin Diokno said the Duterte administration’s massive “Build, Build, Build” program is...
MANILA -- The Department of Budget and Management (DBM) is considering a re-study of the Performance-Based Bonus (PBB) program to ensure a more efficient disbursement of bonuses.
In a briefing Wednesday, DBM Secretary...
MANILA -- An actuarial study on the feasibility of a Government Service Insurance System (GSIS)-run pension system for the military, which will have three types, is expected to be completed before end-2018.
Budget...
