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Zubiri backs action on ‘non-inflationary’ tax reform

9 November, 2018 at 13:00

Senate Majority Leader Juan Miguel F. Zubiri said the Department of Finance (DoF) needs to focus on tax measures that will have minimal inflationary impact.

‘Trabaho’ bill could cost local firms P298...

15 October, 2018 at 13:00

Local firms might be in support of the Trabaho bill—the second part of the tax-reform package now pending in Congress—but they could be committing a fatal mistake, in the view of the Philippine Economic Zone Authority.

DOF chief sees ‘uphill climb’ for legislative...

29 August, 2018 at 12:56

The Department of Finance (DOF) is confident that the remaining packages of the Comprehensive Tax Reform Program (CTRP) will be passed into law this year despite the holding of the midterm polls in 2019.

‘Saddened’ Palace defends government green policies

10 August, 2018 at 17:00

Malacañang was saddened by the lower-than-expected economic growth in the second quarter but claimed there is nothing alarming about it.

EU businessmen want early implementation of lower...

11 June, 2018 at 13:00

The European business community is willing to see the current set of fiscal incentives rationalized on the condition that the lowered corporate income tax (CIT) rate of 25 percent be removed at the start of the implementation of the second tax reform package.

FDIs pierce 2017 goal to hit fresh...

13 March, 2018 at 16:00

Foreign direct investments (FDI) pierced a full-year official target to hit “a record high” last year despite falling to a five-month low in December…

Business wary of TRAIN package 2

13 March, 2018 at 10:08

Businessmen viewed the imminent changes in the country’s tax incentives regime under Package 2 of the Duterte administration’s TRAIN (Tax Reform for Acceleration and Inclusion) as creating uncertainty on the part of their business and operations.

Lopez warns: Firms to take a hit...

5 March, 2018 at 16:52

Trade and Industry Secretary Ramon M. Lopez has admitted that some companies and individuals will be hit as the government rationalizes tax incentives to investments under Package 2 of the Tax Reform for Acceleration and Inclusion (TRAIN).

Electronics exporters to raise CTRP-2 issues with...

19 February, 2018 at 13:00

Leaders of the country’s top exporting industry will meet with Finance Secretary Carlos G. Dominguez III next week to discuss their concerns over some of the provisions in the second package of the Comprehensive Tax Reform Program (CTRP).

Faster price pickup seen till June

8 February, 2018 at 10:46

Inflation rate will likely keep rising until June as the second-round effects of tax reform creep in, an analyst at a global bank said yesterday, adding that this in turn could trigger three rate hikes from the central bank this year.

Finance dep’t to submit another tax reform...

24 January, 2018 at 10:56

The Department of Finance (DoF) will submit to Congress another tranche of the second tax reform package by the end of the month that will impose more levies on tobacco, mining and coal…

Senate eyes Charter change that amends economic...

16 January, 2018 at 17:00

Long-envisioned but always sidelined amendments to the economic provisions of the 1987 Constitution—seen as too restrictive as to hinder the country’s global competitiveness and ability to invite investments…

Minimal impact of TRAIN on inflation seen

9 January, 2018 at 12:00

The Bangko Sentral ng Pilipinas (BSP) said the impact of the new tax law that took effect this year would be minimal at below one percent as the Department of Finance (DOF) expects the consumer price index to have eased to 3.2 percent last month.

[OPINION] Human development under the Duterte administration

8 January, 2018 at 13:13

Human resources development (HRD) is one of major initiatives of the National Competitiveness Council (NCC) for the Philippines’ global competitiveness.

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