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Czeriza Valencia
Czeriza Valencia
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DA sold on urban community gardens
by Czeriza Valencia - July 4, 2021 - 12:00am
The Department of Agriculture has inked an agreement with the municipality of Rosario, Cavite for the establishment of community gardens.
Treasury awards P21 billion in T-bills
by Czeriza Valencia - June 15, 2021 - 12:00am
The government upsized the award of short-dated securities in yesterday’s auction to P21 billion as strong demand pulled down rates across the board.
DOF open to amending tax code for private schools
by Czeriza Valencia - June 15, 2021 - 12:00am
The Department of Finance and the Bureau of Internal Revenue support the amendment of a provision of the Tax Code pertaining to the tax treatment of private schools and hospitals, provided that no refunds will be...
Private schools seek court order to stop tax hike
by Czeriza Valencia - June 9, 2021 - 12:00am
Private schools have asked the Court of Tax Appeals to review and stop the implementation of a revenue regulation that can significantly raise the tax take from proprietary or private educational institutions.
IC places CAP Pension under conservatorship
by Czeriza Valencia - June 8, 2021 - 12:00am
The Insurance Commission will now proceed with the conservatorship of Comprehensive Annuity Plans and Pension after the Supreme Court ruled against its sale by its troubled parent firm seeking funds for rehabil...
BTr upsizes T-bill award to P21 billion
by Czeriza Valencia - June 8, 2021 - 12:00am
The government upsized yesterday the award of short-dated securities to P21 billion as rates fell across the board on strong demand and ample liquidity in the system.
GOCC subsidies drop to P24 billion in April
by Czeriza Valencia - June 7, 2021 - 12:00am
Subsidies extended by the national government to state-owned corporations reached P23.9 billion in April, lower than the funding support provided in the same period last year, data from the Bureau of the Treasury...
Dominguez supports tax amendments
by Czeriza Valencia - June 7, 2021 - 12:00am
Finance Secretary Carlos Dominguez supports the amendment of a section of the Tax Code pertaining to tax treatment of proprietary educational institutions.
Vaccine production to get tax perks
by Czeriza Valencia - June 7, 2021 - 12:00am
Vaccine production and development are among the high-value industries qualified for tax incentives for the longest period under the Corporate Recovery and Tax Incentives for Enterprises Law.
BIR opens online platform for new business registration
by Czeriza Valencia - June 5, 2021 - 12:00am
Business registration can now be done online through the New Business Registration Portal opened by the Bureau of Internal Revenue.
Government debt swells to record high P11 trillion
by Czeriza Valencia - June 4, 2021 - 12:00am
The national government’s outstanding debt rose to a fresh record high of P10.991 trillion in April, boosted by both local and external borrowings, the Bureau of the Treasury said.
Non-life insurers post 9% premium growth in 2019
by Czeriza Valencia - June 3, 2021 - 12:00am
Non-life insurance firms registered growth in premiums earned, benefits paid and net risks written year-on-year in 2019, the Insurance Commission said yesterday.
BOC exceeds May collection target
by Czeriza Valencia - June 3, 2021 - 12:00am
The Bureau of Customs has surpassed its May collection target by 6.6 percent on improved valuation and volume of inbound shipments.
Tax take from marked fuel hits P237 billion
by Czeriza Valencia - June 3, 2021 - 12:00am
Taxes and duties collected from the implementation of the fuel marking system reached P236.487 billion as of end-May, the Department of Finance said.
Treasury awards P35 billion worth of reissued 20-year bonds
by Czeriza Valencia - June 2, 2021 - 12:00am
The government made a full award of the P35 billion worth of reissued 20-year bonds on the back of strong demand for the long-term debt papers.
Insurers must shift to new accounting standards by 2023
by Czeriza Valencia - June 2, 2021 - 12:00am
The Insurance Commission is urging insurance companies to begin the transition to new accounting standards beginning January 2023 in time for the industry-wide implementation in 2025.
Treasury upsizes T-bill award to P21 billion
by Czeriza Valencia - June 1, 2021 - 12:00am
The government upsized the award of short-dated securities in yesterday’s auction to P21 billion to take advantage of lower rates and robust demand.
Manulife launches new group insurance
by Czeriza Valencia - May 30, 2021 - 12:00am
Manulife Philippines has launched a new group insurance product that enables companies to provide employees with coverage against critical illness for up to P5 million.
IC cites insurers providing COVID-19 coverage
by Czeriza Valencia - May 29, 2021 - 12:00am
The Insurance Commission urges the public to consider availing of COVID-19 insurance coverage as protection from financial hardship during the prevailing pandemic.
BTr to raise P215 billion from bond market
by Czeriza Valencia - May 27, 2021 - 12:00am
The Bureau of the Treasury is raising P215 billion from the bond market in June to take advantage of the ample liquidity in the system and sustained demand for safe and higher-yielding assets.
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