Tag: DOF
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PH leads emerging markets in investor transparency, credibility rankings
The Philippines has emerged as the top-performing emerging market for investor relations and one of the global leaders in sovereign debt transparency, a distinction the Department of Finance (DOF) said strengthens the country's appeal to foreign investors and could help unlock more investments, jobs and economic growth.
DOF calms LGU fears over property tax reform
The Department of Finance (DOF) has assured local government units (LGUs) that the Real Property Valuation and Assessment Reform Act (RPVARA) will not automatically increase property taxes, seeking to dispel concerns that the landmark reform could burden taxpayers and undermine local fiscal autonomy.
Logistics reform targets costs, congestion, competitiveness
The government is seeking public feedback on a sweeping logistics reform that could reshape how goods move across the Philippines, tackling high shipping costs and chronic port congestion that have long weighed on businesses and supply chains.
DTI, DOF back PEZA expansion beyond IT hubs
The Department of Trade and Industry (DTI) and the Department of Finance (DOF) have approved the lifting of the moratorium under Administrative Order (AO) 18, clearing the way for more office developments to qualify as Philippine Economic Zone Authority (PEZA) economic zones and expanding location options for information technology-business process management (IT-BPM) investors.
New tax rules aim to end investor uncertainty
The government has moved to eliminate long-standing confusion over local taxation for investment-registered firms, with a new joint circular expected to streamline compliance, improve policy consistency, and strengthen the Philippines’ appeal to investors.
