by ev3v4hn | May 28, 2020 | Business News
The Federation of Free Farmers (FFF) has questioned the legality of the government’s move to import an additional 300,000 metric tons (MT) of rice on top of the imports being brought in by the private sector as this runs counter to the rice tariffication law. Earlier this week, state-owned Philippine International Trading Corp. (PITC), which […]
by ev3v4hn | May 26, 2020 | Business News
The Department of Finance (DOF) on Monday lauded large taxpayers that settled their 2019 tax obligations despite the extended deadlines, aiding a government struggling with low collections to date. “The ‘bayanihan’ spirit exemplified by these taxpayers—in keeping with...
by ev3v4hn | May 25, 2020 | Business News
The national government’s gross borrowings rose 5.3 percent year-on-year to P656.7 billion in the first quarter of 2020 as both domestic and foreign debts increased. The latest Bureau of the Treasury data showed that gross domestic borrowings from January to March...
by ev3v4hn | May 23, 2020 | Business News
MANILA, Philippines — How would the “new normal” amid the COVID-19 pandemic look like as far as the economy is concerned? For the fiscal sector, it would mean the government borrowing more to finance over a trillion pesos in budget deficits during the next three years...
by ev3v4hn | May 23, 2020 | Business News
Spanish beef will now be available for Filipinos to enjoy after the Department of Agriculture allowed its importation after three years of negotiation. Bureau of Animal Industry director Ronnie Domingo confirmed in a text message to the Inquirer that Agriculture...
