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Double taxation agreement with Cambodia to improve PH tax system

Manila, Feb. 13 -- Finance Secretary Ralph Recto said Thursday the recently signed double taxation agreement (DTA) with Cambodia would help improve the integrity of the Philippine tax system. "By eli... Read More


176 PPP projects in pipeline

Manila, Feb. 11 -- The Public-Private Partnership (PPP) Center said 176 projects worth PHP2.47 trillion as of Feb. 10 this year are in the pipeline for undertaking between the government and the priva... Read More


TransUnion appoints new head for PH

Manila, Feb. 11 -- Global information and insights company TransUnion said Peter Faulhaber has been appointed as the new president and chief executive officer of TransUnion Philippines. In a statemen... Read More


BIR launches tax compliance verification drive

Manila, Feb. 11 -- The Bureau of Internal Revenue (BIR) launched a campaign that aims to help taxpayers understand their tax obligations to encourage voluntary compliance. In a statement Tuesday, the... Read More


FDI net inflows reach $8.6-B in Jan.-Nov. 2024

Manila, Feb. 10 -- Net inflows of foreign direct investments (FDI) went up by 4.4 percent from January to November 2024, Bangko Sentral ng Pilipinas (BSP) data showed. Data released on Monday showed ... Read More


CIMB Bank PH eyes over 10-M customers in 2025

Manila, Feb. 10 -- Digital-only commercial bank CIMB Bank Philippines said it aims to cross the 10 million customer mark this year. In a statement Monday, CIMB Bank PH said it ended 2024 with a total... Read More


Inflation steady at 2.9% in January

Manila, Feb. 5 -- Headline inflation settled at 2.9 percent in January, unchanged from December 2024 as lower rice prices helped offset the increase in other food items. In a briefing Wednesday, Nati... Read More


PAGCOR inaugurates 2 socio-civic centers in Davao de Oro

Manila, Feb. 5 -- The Philippine Amusement and Gaming Corporation (PAGCOR) recently inaugurated two socio-civic centers in Maragusan and New Bataan in Davao de Oro province. In a statement Wednesday,... Read More


BSP, Palawan Group partner for Piso Caravan

Manila, Feb. 5 -- The Bangko Sentral ng Pilipinas (BSP) partnered with the Palawan Group of Companies (PGC) to bring the Piso Caravan to more Filipinos, making it easier to exchange mutilated or unfit... Read More


PSA eyes changing of inflation, GDP base year to 2023

Manila, Feb. 5 -- The Philippine Statistics Authority (PSA) will change the base year of the consumer price index (CPI) and gross domestic product (GDP) to 2023 from the current 2018, National Statist... Read More