THE Department of Finance (DOF) wants to expand the scope of excise taxes on non-essential goods by covering private aircraft and sea vessels, while also imposing a new 75-percent tax rate on ...

THE true pressure on the Philippine peso comes from a combination of external and structural forces—reflecting decades of ...

ASIDE from the National Capital Region (NCR), the haze attributed to the forest fire in Indonesia is also affecting Central ...

MOTORISTS using the San Fernando–Pulilan stretch of the North Luzon Expressway (Nlex) will receive a toll rebate on both northbound and southbound passages beginning noon of September 2, as the ...

THE next digital divide in Asia and the Pacific may have little to do with who can get online and more to do with what countries can actually do once they are connected. The warning comes as ...

A BILL barring relatives of covered public officials and personnel within the fourth civil degree of consanguinity or affinity from participating in government contracts has hurdled third and final ...

President Ferdinand Marcos Jr. dropped by at the lahar-stricken village of Sta. Fe here on Wednesday, September 2, buoying ...

THE Department of Energy (DOE) expects to rake in P6 billion in revenue this year and a whopping P23 billion in 2027, mainly from the government’s share in the Malampaya Deep Water Gas-to-Power ...

YIELDS on the 5-year Treasury bond (T-bond) climbed on Wednesday, with the Bureau of the Treasury partially awarding bids again as elevated US Treasury yields push local yields higher.  “The rise in ...

Even as the Department of Finance has warned that scrapping the 12-percent value-added tax on system loss charge would result in about P10 billion in revenue losses every year, a senator is pushing to ...

THE Bureau of Internal Revenue  is preparing a confirmatory issuance to remove the value-added tax on the allowable system loss charge in electricity bills to reduce the amount paid by consumers.

Asia United Bank Corp. announced that shareholders recently approved key strategic capital initiatives designed to strengthen the bank’s balance sheet and position it for long-term expansion. During a ...