Philstar.com on MSN

Your binge-watching, playlists, cloud bills just made gov't P2.8B

Every peso counts — even the few extra you’ve been paying for Netflix, Spotify, gaming, or cloud storage. Those extra pesos are now part of the government’s coffers, which could go to insertions in ...
The Manila Times on MSN

Reducing VAT to 10% may hinder Philippines' fiscal goals, Finance official warns

A PROPOSAL to reduce the value-added tax (VAT) rate to 10 percent from 12 percent could widen the country’s deficit and undermine fiscal consolidation efforts, a senior Finance official cautioned.
Philstar.com on MSN

VAT cut to 10% could hurt government finances – DOF

Reducing the value-added tax (VAT) rate to 10 percent from 12 percent could cost the government roughly P330 billion annually ...

One dead and 12 missing as Typhoon Bualoi makes landfall in Vietnam

Typhoon Bualoi made landfall in northern central Vietnam in the early hours of Monday, damaging houses and knocking down ...