The government’s unconditional cash transfer (UCT) program, a financial assistance scheme for poor Filipinos will get an additional P12 billion in the 2019 national...
Sales of luxury vehicles slumped more than 50 percent in 2018, sharper than the 16-percent sales drop in the entire Philippine automotive sector, Lexus...
The Bangko Sentral ng Pilipinas is optimistic the country’s sustained strong macroeconomic fundamentals will attract more foreign investments this year.
“We are confident that in...
Finance Secretary Carlos Dominguez III said the Tax Reform for Acceleration and Inclusion Law was a hundred-percent success in the first three quarters of...
The Department of Energy said 444 retail stations began implementing higher excise tax on petroleum products in compliance with the second tranche of excise...
President Rodrigo Duterte has agreed to certify a bill raising the excise tax on tobacco and alcohol products as urgent, the Palace said Tuesday.
Presidential...
The Finance Department ordered the Bureau of Internal Revenue to check if beverage manufacturers are paying the correct amount and type of tax under...
Finance Undersecretary Karl Kendrick Chua said the Tax Reform for Acceleration and Inclusion law introduced four reforms in processing applications for value-added tax refunds...
Vehicle sales plunged 23 percent in November to 31,258 units from 40,799 units a year ago, combined data from the Chamber of Automotive Manufacturers...
