Bank of Commerce , an affiliate of diversified conglomerate San Miguel Corporation , has been assigned an Issuer Credit Rating of PRS Aa plus , with a Stable Outlook, by Philippine Rating Services Corporation .
The Philippine Institute for Development Studies is backing the outgoing Duterte government’s fiscal consolidation program to bring back the debt-to-GDP ratio to its pre-pandemic level, and is recommending to the incoming administration to not reverse fiscal policies to ensure debt sustainability.
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Incoming Finance Sec. Diokno says ‘unfair’ to put Marcos estate tax burden on him“I think... kailan ba ‘yon, 40 years ago na ‘yan or 35 years in the ano… I think it’s unfair to put the burden on me,” he said in an ambush interview with GMA News&39; Jonathan Andal.“Dapat nakolekta na ‘yun kung that is collectible, so we’ll leave it to the courts to decide on that,” he continued. 'Naks... parang may gustong gawin... mananahimik lang ito Hahaha alam naman hindi ka mauupo dyan kung hindi mo ipagtatanggol ang boss. Pagtanggap mo pa lang ng pwesto alam na. Kabutihang paanlahat sir hindi kabutihang pangnakakararami lang. Ang bawat Filipino kahit naghihirap na ay may obligasyon paring magbayad ng buwis. Dapat pa nga on time kasi may penalties agad.
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