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Excise tax on petroleum should stay, DOF says

Excise tax on petroleum should stay, DOF says ....

Department Of Finance , Secretary Carlos Dominguez ,

No double taxation on electricity VAT – DOF

The Department of Finance is against the proposal pitched by the Energy Regulatory Commission to remove the 12 percent value-added tax on generation charge to bring down electricity prices for consumers. ....

Agnes Devanadera , Manila Electric Co , Energy Regulatory Commission , Department Of Finance , Electric Power Industry Reform Act , Manila Electric ,

China loan pledges to Philippines reach $1.1 billion

China’s loan commitments to the Philippines have reached $1.1 billion, or close to P59 billion, after the Duterte administration received its first-ever financing in Chinese renminbi. ....

Davao City , Pakiputan Strait , Philippines General , Samal Island , Chico River , Nueva Ecija , Sarangani Province , Brunei Darussalam , Carlos Dominguez , Philippine National Railways South Long Haul , Mindanao Spatial Strategy Development Framework , Department Of Finance , Department Of Public , Chico River Pump Irrigation Project , Kaliwa Dam Project , Finance Secretary Carlos Dominguez , Samal Island Davao City Connector , Public Works , China Road , Mindanao Spatial , Development Framework , Duterte Administration ,

'Infrastructure spending cut harmful to recovery, competitiveness'

The Department of Finance said cutting infrastructure spending would narrow the budget deficit in the short term, but may harm economic recovery and industrial competitiveness in the long term. ....

Gil Beltran , Department Of Finance ,

Over P8 billion doled out to farmers from rice tariff proceeds â€" DOF

The government has distributed more than P8 billion in cash transfers to about one million palay farmers through excess income from rice tariffs, according to the Department of Finance. ....

Bureau Of Customs , Department Of Finance , Philippine Rice Research Institute , Philippine Center , Development Bank , Rice Enhancement Competitiveness Fund , Land Bank , Rice Farmers Financial Assistance , Republic Act , Rice Tariffication Law , Registry System , Basic Sectors ,