MANILA, Philippines – The government is set to borrow P195 billion from domestic sources through the issuance of Treasury bills and Treasury bonds in the third quarter, the Bureau of the Treasury (BTr) said yesterday. In a memorandum addressed to government securities eligible dealers, the BTr said it is planning to sell P105 billion in […]
Read MoreMANILA, Philippines – Exporters are calling on both the public and private sector to implement reforms necessary to help boost exports as they set their sights on achieving an ambitious $100-billion revenue target over the medium term. Philippine Exporters Confederation Inc. (Philexport) president Sergio Ortiz-Luis Jr. said there is a need for sustained efforts on […]
Read MoreMANILA, Philippines – The Philippines is set to pursue an agreement with Singapore as part of efforts to open up the banking industry aimed at greater financial integration and economic development among members of the Association of Southeast Asian Nations (ASEAN). Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. said the Philippines has already entered […]
Read MoreMANILA, Philippines – Exporters are calling on both the public and private sector to implement reforms necessary to help boost exports as they set their sights on achieving an ambitious $100-billion revenue target over the medium term. Philippine Exporters Confederation Inc. (Philexport) president Sergio Ortiz-Luis Jr. said there is a need for sustained efforts on […]
Read MoreMANILA, Philippines – The government sees sustained growth in public spending in the coming months after a recovery in its disbursement performance last May, the Bureau of the Treasury (BTr) said. In an interview last Friday, National Treasurer Rosalia De Leon said the government is confident it would be able to maintain the improvement in […]
Read MoreMANILA, Philippines – The Department of Finance (DOF) said over the weekend it is possibile to lower the value-added tax (VAT) rate in the Philippines from the current 12 percent once the government is able to clean up the tax system and plug leakages caused by the numerous VAT exemption privileges under the law. “Our […]
Read More
Thailand
