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Philippines – World Bank: Signing of Bangsamoro Organic Law a ‘significant milestone’

MANILA, Philippines — The World Bank on Tuesday welcomed President Rodrigo Duterte’s approval of a much-awaited law that will grant more autonomy to the country’s predominantly Muslim region to end decades-long conflict in troubled parts of Mindanao. Duterte last week greenlighted the Bangsamoro Organic Law, which would implement the 2014 peace agreement between the government and the Moro […]

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Philippines: FAQs on TRAIN: Clarity or confusion?

Since the passage of Republic Act (RA) 10963, otherwise known as Tax Reform for Acceleration and Inclusion (TRAIN) Law, the public has been raising questions with regards to its implementation by the Bureau of Internal Re­venue (BIR). To the BIR’s credit, it has been aggressively exerting effort to provide the public with guidelines in implementing […]

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Philippines: NEDA pushes early passage of rice tariff bill

Move seen to stabilize prices, temper inflation MANILA, Philippines — The National Economic and Development Authority (NEDA) urged lawmakers yesterday to immediately pass the rice tariffication bill, stressing that easing rice importation can slash a percentage point off headline inflation which is expected to remain within the five percent level until the third quarter this […]

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