Proposed pioneer incentives for Php65 billion worth of liquefied natural gas (LNG) import terminal projects under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Bill are currently being deliberated in Congress. Sen. Sherwin...
Government-owned Power Sector Assets and Liabilities Management Corporation (PSALM) said that it was able to reduce its debts in 2020, while cutting interest rates and improving collections. In a statement, PSALM reported...
The Department of Finance (DOF) has collected Php163 billion in duties and taxes from 16.4 billion liters of marked fuel products. Based on data from the DOF, the Bureau of Customs collected...
The Power Sector Assets and Liabilities Management Corporation (PSALM) has demanded the Olongapo City government to settle its overdue electric bills and other charges worth at least Php6.71 billion. The state-owned firm...
The Department of Finance (DOF) believes that Petron Corporation’s issues regarding its Bataan refinery is not a tax concern, but rather that of a supply chain. Finance Sec. Carlos Dominguez said this...
Senator Sherwin Gatchalian urged the Department of Energy (DOE) and the Department of Finance (DOF) to fast-track the implementing rules and regulations (IRR) of Republic Act No. 11371 or the ‘Murang Kuryente...
