With more expensive oil, the government so far generated P3 billion in excess of its value-added tax (VAT) collection program as of end-February, which will fund the additional fuel subsidies and ...

The Metropolitan Waterworks and Sewerage System maintains that Maynilad would not incur losses as it is allowed to recover its investments for the rest of the concession period MANILA, Philippines – ...

The Department of Finance (DOF) has yet to resolve Maynilad’s claim for a P3.44-billion sovereign guarantee pending the commencement of the second round of arbitration proceedings against the company.

The Department of Finance (DOF) expects the government to raise P3.2 trillion in revenues in 2019, with P181.4 billion to come from the implementation of the Tax Reform for Acceleration and Inclusion ...

MANILA, Philippines - The Department of Finance is reviewing whether Maynilad Water Services Inc.’s demand for P3.44 billion sovereign compensation has basis before it honors its contractual ...

The Bangko Sentral ng Pilipinas (BSP) and the Department of Finance (DOF) have approved the proposed P3-billion zero-coupon peso-denominated bonds by the Asian Development Bank (ADB) to generate funds ...

To ease the impact of potentially higher oil prices on small businesses once the government implements higher excise on petroleum, the Department of Finance has proposed to increase their value-added ...

EMBATTLED tobacco company Mighty Corp. has entered into a deal for the company’s sale to settle its tax liabilities, a statement by the Department of Finance (DoF) disclosed on Wednesday, July 12. DoF ...