Finance

Estate tax tops proposed tax amnesty program: DOF

MANILA -- Any tax amnesty measure of the Duterte government, eyed for implementation in 2018, will start with estate taxes. Department of Finance (DOF) Secretary Carlos Dominguez III said he agrees with Budget...

SBMA takes over computer school for failure to pay obligations

SUBIC BAY FREEPORT — The Subic Bay Metropolitan Authority (SBMA) on Saturday (Nov. 25) peacefully took control over a secondary and tertiary school here after it failed to settle its financial obligation to...

BSP need not mirror Fed decisions: Espenilla

MANILA -- The Bangko Sentral ng Pilipinas (BSP) need not follow what the Federal Reserve does since these central banks have different factors to consider in implementing their monetary policies, BSP...

SEC to impose 20% minimum public float next month

MANILA -- In a bid to attract more investments into the capital market, the Securities and Exchange Commission (SEC) will double the minimum public float requirement for companies planning to conduct...

More companies apply as virtual currency transaction conduits

MANILA -- More companies are interested to be part of the virtual currency (VC) transactions in the Philippines, Bangko Sentral ng Pilipinas (BSP) Gov. Nestor A. Espenilla Jr. said. To date, the...

No overheating of PHL economy: Espenilla

MANILA – Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. on Tuesday said there is no overheating yet of the Philippine economy since fundamentals remain strong and are supportive...

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