
VAT refund to boost tourism receipts, Phl growth
As President Ferdinand Marcos Jr. signed the Value-Added Tax (VAT) refund mechanism for non-resident tourists on Monday, Tourism Secretary Christina Garcia…
· 2 min read
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As President Ferdinand Marcos Jr. signed the Value-Added Tax (VAT) refund mechanism for non-resident tourists on Monday, Tourism Secretary Christina Garcia…
· 2 min read

President Ferdinand "Bongbong" R. Marcos Jr. sees the newly enacted measure, which provides a refund of Value Added Tax (VAT) for foreign tourists, as a way to…
· 3 min read

‘There will be no more national government’s global bond offering for the rest of 2024, with $500 million remaining out of the $5 billion programmed for this…
· 3 min read

The National Economic and Development Authority in Central Visayas (NEDA-7) expressed optimism on Wednesday that the signing of the sisterhood agreement…
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The government has exempted more cancer, diabetes, and mental health medicines from value-added tax (VAT), days after the signing of the CREATE MORE Act.
· 1 min read

‘Economic growth is not just about numbers — it’s about ensuring that Makatizens feel the difference. With a stronger economy, we’ve been able to improve…
· 2 min read

Restaurant owners have asked the government to stop the proliferation of fake persons with disability identification cards (PWD IDs), a scam that threatens the…
· 2 min read

‘The services sector continues to demonstrate a robust performance. Therefore, it will be crucial to sustain its growth and ensure that services are linked and…
· 2 min read

Shin Suzuki delivered a stellar performance, firing a five-under 67 to capture the men’s low gross title, while Sang Jin Lee claimed the low gross trophy in…
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‘A weak Q3 outturn had been a result of several temporary, weather-related factors. We expect growth to pick up in Q4, supported by stronger domestic demand…
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‘We will continue to target individuals involved in these activities to ensure the safety of our communities.’
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As the year draws to a close, the Manila Electric Company (Meralco) continues to exhibit exceptional service, bolstering its commitment to innovation to…
· 8 min read

Still, that projected Philippine GDP loss is much less gloomy than Vietnam’s 30 percent, Indonesia’s 27 percent, and India’s 25 percent, according to ADB…
· 2 min read

'This is what we wanted to address through the VISTA, a six-year project spearheaded by the DAR in partnership with the International Fund for Agricultural…
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The Department of Justice (DoJ) said a person with a disability (PWD) is still entitled to a 20 percent discount and exemption from value-added tax (VAT) when…
· 2 min read

The Bureau of Customs Port of Clark (BoC-Clark) has reported the seizure of a high-grade marijuana resin concealed in a plastic bottle labeled keratin hair…
· 1 min read

The country’s gross international reserves (GIR) increased to $112 billion as of September, the highest so far, according to the Bangko Sentral ng Pilipinas…
· 1 min read


