By Ben O. de Vera, February 17 2019;Philippine Daily Inquirer https://business.inquirer.net/265214/duterte-vetoes-provision-in-new-law-for-general-tax-amnesty Image Credit to Inquirer.net There will be no lifting of bank secrecy for tax purposes and no general tax amnesty in April, the deadline for filing of income tax returns. President Rodrigo Duterte has vetoed a provision in Republic Act (RA) No. 11213, or […]
By Melissa Luz T. Lopez, February 18 2019; Business World https://www.bworldonline.com/bsp-takes-heart-from-rice-tariffication-charter-change/ Image Credit to Business World TWO NEWLY ENACTED LAWS are seen to strengthen operations of the Bangko Sentral ng Pilipinas (BSP), with monetary officials noting they will now have a better handle on inflation as well as on the financial system. BSP Deputy Governor Diwa […]
By Bernadette D. Nicolas, February 16 2019; Business Mirror https://businessmirror.com.ph/2019/02/16/duterte-signs-bsp-charter-improvement-measure-into-law/ Image Credit to Business World President Duterte has signed into law a measure that provides improvements to the Bangko Sentral ng Pilipinas (BSP) Charter. Republic Act 11211 amends the Central Bank’s charter, paving the way for a more forceful inspection and disciplinary authority over the […]
Philippine Development Plan
The Philippine Development Plan 2017-2022 is the first medium-term plan to be anchored on the 0-10 point Socioeconomic Agenda and is geared towards the Ambisyon Natin 2040 which articulates the Filipino people’s collective vision of a MATATAG, MAGINHAWA, AT PANATAG NA BUHAY PARA SA LAHAT. It also takes into account the country’s international commitments such as the 2030 Sustainable Development Goals.