THE BUREAU of Internal Revenue (BIR) said it was confident it will hit its P400 billion-target for tax collections for April. BIR Commissioner…
Economy
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PMFTC, Inc. said that it will allot more than $120 million to purchase Philippine-grown tobacco leaf this year. “More than $120 million… because…
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CEMENT manufacturer Holcim Philippines, Inc. said it will be investing over P2 billion on sustainability initiatives at its four plants. Horia Adrian, president…
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A PROPOSED carbon tax could help provide the funding Southeast Asia needs to mitigate climate-related disasters, the Asian Development Bank (ADB) said in…
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THE Department of Agriculture (DA) is set to appoint a new undersecretary who will be tasked with overseeing the DA’s attached agencies. “With…
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THE Department of Trade and Industry (DTI) said that a subsidiary of outsourcing firm Wagmi Solutions plans to establish a manufacturing facility in…
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THE MONETARY BOARD (MB) approved $2.87 billion in public-sector foreign borrowings in the first quarter, the central bank said. The amount approved in…
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SLOWER GROWTH in major economies like China, as well as ongoing wars and elevated inflation threaten growth among International Development Association (IDA) borrowers,…
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According to estimates, the Philippines loses P500 billion to tax evasion annually. Thus, in the early stages of his term as the Commissioner…
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THE Bureau of Internal Revenue (BIR) has released six sets of revenue regulations (RR) for the implementation of the Ease of Paying Taxes…