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Louise Maureen Simeon
Louise Maureen Simeon
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Extension of lower tariffs on agricultural goods still possible
by Louise Maureen Simeon - October 2, 2023 - 12:00am
The possible extension of lower tariff rates on major agricultural commodities to ensure that inflation will revert to its downward trend and be back within target as scheduled remains up for consideration.
Government to upsize retail dollar bond issuance
by Louise Maureen Simeon - October 2, 2023 - 12:00am
The government now expects to raise more than the $1-billion target for the retail dollar bond issuance amid huge demand, with one week left for the offering.
Revenue goals up for review
by Louise Maureen Simeon - October 2, 2023 - 12:00am
The economic team of the Marcos administration will review revenue and growth prospects amid proposed tax measures that may not be passed this year.
SSS extends payments of typhoon-hit members
by Louise Maureen Simeon - October 1, 2023 - 12:00am
The Social Security System has given its members in typhoon-hit areas leeway to pay for their delayed contributions to the state-run pension fund.
Philippines pushes establishment of customs lab
by Louise Maureen Simeon - October 1, 2023 - 12:00am
The government’s move to re-establish the country’s customs laboratory to improve tariff collection from imported commodities has kicked off.
DOF to push own MUP version
by Louise Maureen Simeon - September 25, 2023 - 12:00am
The Department of Finance is not giving up on the reforms it wants on the pension scheme of the military and uniformed personnel (MUP) after the Lower House approved a version different from the proposal of the economic...
Budget gap widens to P133 billion in August
by Louise Maureen Simeon - September 25, 2023 - 12:00am
The government posted a higher budget deficit of P133 billion in August as revenue collections slipped while state spending rose.
Be tax-compliant, BSKE bets told
by Louise Maureen Simeon - September 25, 2023 - 12:00am
The Bureau of Internal Revenue has reminded candidates in the coming barangay and Sangguniang Kabataan elections to comply with their tax obligations.
Diokno cites benefits of REIT investments
by Louise Maureen Simeon - September 24, 2023 - 12:00am
Promoting real estate investment trust offerings in the Philippines is expected to expedite financial inclusion and contribute to economic growth, according to the Department of Finance.
Pag-IBIG member savings reach P60 billion
by Louise Maureen Simeon - September 24, 2023 - 12:00am
Member savings collections of the Home Development Mutual Fund, commonly known as Pag-IBIG, reached almost P60 billion in the first eight months of the year,  allowing the agency to finance the higher demand...
Customs raises P750 billion from fuel marking program
by Louise Maureen Simeon - September 23, 2023 - 12:00am
The Bureau of Customs raised P750 billion worth of taxes through the government’s fuel marking program that aims to curb smuggling of petroleum products.
State firms still underspending in eight months  
by Louise Maureen Simeon - September 23, 2023 - 12:00am
The government increased its releases of cash allocations but spending usage of state agencies remained low as of end-August, according to the Department of Budget and Management.
Insurance industry hikes contribution to economy
by Louise Maureen Simeon - September 22, 2023 - 12:00am
The insurance industry saw its net income increase to P22 billion in the first semester of the year amid improvements in both life and non-life segments, with its contribution to the overall economy also inching...
Government raises P172 million from sale of closed banks’ assets  
by Louise Maureen Simeon - September 21, 2023 - 12:00am
The Philippine Deposit Insurance Corp. earned some P172 million from disposing assets of padlocked banks in the first semester of the year.
Inflation seen to hit 6.2% in 2023
by Louise Maureen Simeon - September 21, 2023 - 12:00am
Inflation is expected to jump to 6.2 percent for 2023 if higher prices of rice and fuel persist in the next few months, with the government likely to overshoot its target and not achieve a sustained downward tr...
‘Risk-averse market stalls investments’
by Louise Maureen Simeon - September 21, 2023 - 12:00am
The overly conservative market due to high interest rates and elevated inflation is being considered as the biggest risk to investment growth in the Philippines and in the region.
DA lifts ban on poultry imports from France
by Louise Maureen Simeon - September 20, 2023 - 12:00am
The Department of Agriculture has lifted the over two-year temporary ban on poultry imports from France after being cleared from bird flu.
Treasury fully awards P30 billion T-bonds
by Louise Maureen Simeon - September 20, 2023 - 12:00am
The government borrowed P30 billion in long-term securities after investors asked for lower rates.
DOF chief opposes suspension of fuel excise tax
by Louise Maureen Simeon - September 20, 2023 - 12:00am
Suspending the excise tax on petroleum products is expected to have serious repercussions on state coffers and on the overall economy, Finance Secretary Benjamin Diokno warned yesterday, dismissing the proposal from...
T-bill rates drop ahead of US Fed, BSP meetings
by Louise Maureen Simeon - September 19, 2023 - 12:00am
Rates for the government’s short-term securities dropped across the board ahead of the scheduled policy meetings of the US Federal Reserve and the Bangko Sentral ng Pilipinas.
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