Louise Maureen Simeon

The Bureau of the Treasury has rationalized tax treaty procedures for government securities in a bid to boost the local capital market.

MANILA, Philippines — Government securities will soon be available on e-wallet giant GCash to cater to more retail investors and boost financial inclusion among Filipinos.

MANILA, Philippines — State-run pension fund Social Security System (SSS) has implemented a multi-factor authentication scheme as part of its enhanced security measures.

The Bureau of Internal Revenue has confiscated 11.5 million packs of illicit cigarettes with an estimated tax deficiency of P8.54 billion.

The local gambling industry is still raking in from increased operational capacity with its gross gaming revenue growing to P266 billion in the nine-month period, effectively hitting nearly 80 percent of its target for the year.

The Bureau of Customs (BOC) targets to raise at least P647 million from the sale of two smuggled Bugatti Chirons.

MANILA, Philippines — The Bureau of Customs (BOC) saw its collections rise to P90 billion in October as it ramped up proper tax verification on various imported goods.

MANILA, Philippines — The government has made adjustments anew to the national budget by about P164 billion, entirely for unprogrammed appropriations, to reach a record P5.93 trillion for this year.

The Philippines is seeking enhanced cooperation and investment opportunities with Sweden in a bid to boost the local economy.

The Department of Budget and Management has released P875 million to replenish the quick response fund for calamity and disaster relief operations.