MANILA -- A ranking Bangko Sentral ng Pilipinas (BSP) official said monetary officials are open to the creation of additional Peso-foreign currency trading platforms to ease business transactions by skipping the use...
MANILA -- A memorandum of understanding (MOU) for the ratification of renminbi trading in the Philippines is set to be signed next week and similar pacts for trading other currency pairs are...
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...
