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FINANCE UNDERSECRETARY JEREMIAS PAUL JR.

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abtest

DOF pushes immediate passage of tax incentives measure

By Zinnia B. Dela Peña | March 12, 2015 - 12:00am

The Department of Finance is strongly urging Congress to immediately pass the Tax Incentives Management and Transparency Act (TIMTA) to bring Philippine fiscal policy into the 21st century and attract more companies...

Business

DOF bucks inclusion of certain industries in 2013 IPP list

By Zinnia B. Dela Peña | May 16, 2013 - 12:00am

The Department of Finance (DOF) has expressed reservations over the inclusion of mass housing, shipbuilding, iron and steel, and motor vehicle manufacturing in the lists of industries qualified for fiscal and non-fiscal...

Business

Phl a good candidate for upgrade

March 14, 2013 - 12:00am

The Philippines has pitched for an investment-grade status from Standard & Poor’s Ratings Services (S&P) whose diligence visit to the country early this week was described by officials as “very...

Business

Government to require mining firms to publish revenue payments

By Iris Gonzales | January 7, 2013 - 12:00am

The Aquino administration plans to require mining companies and other extractive industries to publish the revenues they pay the government, a ranking finance official said.

Business

DOF to push for mining revenue sharing scheme

By Iris Gonzales | December 10, 2012 - 12:00am

The Department of Finance (DOF) will work on the passage of the fiscal incentives measure and the legislation of the mining...

Business

New sin tax seen to improve Pinoys' health, Phl finances

By Iris Gonzales | September 17, 2012 - 12:00am

Finance Secretary Cesar Purisima said that passing the original Finance-backed version of the sin tax measure would go a long way in improving the country’s health and fiscal situation as he reiterated his...

Business

Fiscal authorities seek Moody's rating upgrade

By Iris Gonzales | June 18, 2012 - 12:00am

Fiscal authorities are expected to make yet another pitch for a credit rating upgrade in their meeting today with members of a review team from Moody’s Investors Service.

Business

Moody's to review Phl

By Iris Gonzales | May 24, 2012 - 12:00am

A Moody’s review team is coming to the Philippines on June 18 to assess the country’s economic fundamentals and see whether the country is indeed ripe for a credit rating upgrade.

Business

WB stresses need to raise Phl excise tax rates

By Iris Gonzales | February 24, 2012 - 12:00am

The World Bank stressed the need to raise the country’s excise tax rates, saying that the current rates are far lower than the rates in neighboring countries.

Business

Special Report: The problem with the GOCCs

By Iris Gonzales | September 8, 2010 - 12:00am

Running on a treadmill that is moving faster and faster is how Finance Secretary Cesar Purisima describes the work that needs to be done to fix the country’s fragile fiscal position.

Business