BIR, BOC collections dip further amid pandemic
April 26, 2020
Total collections of the Bureau of Internal Revenue (BIR) from January to mid-April this year dived further to P480.64 billion, which is P226.15 billion or 32 percent below what it collected for the same period last year, as a result of
Cebu Pacific, PAL suspending domestic, int’l flights till May 15
April 24, 2020
Cebu Pacific and Philippine Airlines (PAL) on Friday said domestic and international flights will remain cancelled until May 15 after the government extended the enhanced community quarantine in Metro Manila and other parts of Luzon. “COVID-19 is unprecedented and has
PSE index declines
April 24, 2020
The Philippine Stock Exchange ( PSE) index declined on Friday. The peso closed at P50.84 against the US dollar from Thursday’s P50.67. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $391.68 million from the
PSE index ends lower
April 23, 2020
The Philippine Stock Exchange (PSE) index ended higher on Thursday. The peso closed at P50.67 against the US dollar from Wednesday’s P50.80. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $290 million from $212.78
NEDA to know impact of COVID-19 on economy by end of April
April 23, 2020
The National Economic and Development Authority is expected to have a picture of the impact of the coronavirus disease crisis on the economy by the end of the month. Acting NEDA Director General and Socioeconomic Planning Secretary Karl Kendrick Chua
Duterte orders agencies to come up with guidelines on interruption of periods for filing documents, tax payments
April 23, 2020
President Rodrigo Dutrte has issued an administrative order directing all government offices to formulate and issue guidelines on the interruption of periods for the filing of documents, payment of taxes, charges and other fees, and cancellation of proceedings before their
NEDA chief reiterates need to pass tax measures amid loans to finance COVID-19 response
April 22, 2020
Acting National Economic and Development Authority (NEDA) Director General Karl Kendrick Chua reiterated on Wednesday the need to pass all the tax measures to finance all social services being implemented and loans that the government has been incurring as the
NEDA vows to fast-track implementation of national ID system
April 22, 2020
Acting National Economic and Development Authority (NEDA) Director General Karl Kendrick Chua vowed on Wednesday to fast-track implementation of the national identification system especially now that the Philippines is facing the coronavirus disease pandemic. In the “Laging Handa” virtual press
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