Philippines remains on FATF’s gray list

A Philippines Peso note is seen in this picture illustration June 2, 2017. REUTERS/Thomas White/Illustration The Philippines remains under a “gray” list of countries under increased monitoring for money laundering and terrorism financing risks, despite some progress in implementing measures against such financial crimes, according to the Financial Action Task […]

Philippines boosts tax revenue

PHILIPPINE STAR/ MICHAEL VARCAS By Luz Wendy T. Noble, Reporter The Philippines expects to narrow its budget deficit, with the government having raised tax collections as of end-September amid a coronavirus pandemic, according to its Finance chief. “We are confident that the elevated debt and deficit level is a temporary […]

Philippines boosts tax revenue

PHILIPPINE STAR/ MICHAEL VARCAS By Luz Wendy T. Noble, Reporter The Philippines expects to narrow its budget deficit, with the government having raised tax collections as of end-September amid a coronavirus pandemic, according to its Finance chief. “We are confident that the elevated debt and deficit level is a temporary […]