Monday, March 16, 2026
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DOF

DOF: No new taxes, fiscal position remains robust

The Department of Finance (DOF) categorically refuted reports alleging the imposition of new taxes and stressed that there is no need for additional revenue...

Labor market strengthens, paving the way for economic resilience

Finance Secretary Ralph G. Recto highlighted that the robust labor market in February 2025 signals a promising outlook for domestic demand, which will help...

Philippines welcomes foreign tourists with VAT refund program

The Philippines has officially become value-added tax (VAT)-free for foreign tourists following the signing of the implementing rules and regulations (IRR) for Republic Act...
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