MANILA -- The Bangko Sentral ng Pilipinas (BSP) cut the offering for the seven and 28-day Term Deposit Facilities (TDF) in its auction on October 31, 2018.
The offering for the seven-day facility...
MANILA -- Economic managers have reduced the revenue goal from the Tax Reform for Acceleration and Inclusion (TRAIN) law this year, mainly because of the delayed implementation of electronic invoicing (e-invoicing) and...
MANILA -- Finance Secretary Carlos Dominguez III has opposed an extension of the period, wherein companies in Tourism Enterprise Zones (TEZs) may avail of government incentives.
Republic Act (RA) 9593, otherwise known as...
MANILA — Value added tax (VAT) collections from petroleum products are expected to partially compensate for lost government revenues arising from a suspension of the oil excise tax hike scheduled for 2019.
Finance...
MANILA -- The Bangko Sentral ng Pilipinas (BSP) will now be requiring all banks to submit an initial report on any cybersecurity issues in their system within two hours of its discovery.
At...
MANILA — A ranking official of the Department of Finance (DOF) said the recommendation of economic managers to suspend the second installment of the oil excise tax increase in 2019 remains despite...
