Rappler's latest stories on Cesar Purisima
The SGV that Washington SyCip left behind
(UPDATED) Washington SyCip's passing creates a void in the business relationships that directly involve or are dependent on him that will be difficult, if not impossible, to fill
How to spark growth, innovation, and imagination in life or business
At TEDxForbesPark Uniqlo’s COO Katsumi Kubota data scientist Reina Reyes film director Paul Soriano and other experts say passion purpose and creativity matter
5 reasons the gold shipment complaint vs Aquino is a joke
Wrong documents wrong dates wrong government posts are cited
New DOF chief tells team: Drop 'fancy calculations,' be creative
The DOF can no longer use its fancy calculations to continue its detachment from the everyday lives of Filipinos We need to do our job a little differently a little more creatively says new Finance Secretary Carlos Dominguez
PH warned: Brexit will affect all countries
Outgoing Philippine Finance Secretary Cesar Purisima says the world has entered ‘uncharted waters’ and that the Philippines is not immune from effects
Most Aquino Cabinet members richer in 2015
The assets lists of 5 Cabinet members are not yet available: Foreign Affairs Secretary Jose Rene Almendras Transportation Secretary Joseph Emilio Abaya Justice Secretary Emmanuel Caparas Trade Secretary Adrian Cristobal and Socioeconomic Planning Secretary Emmanuel Esguerra
Dominguez bares tax reform plans to businessmen
The reforms which include lowering both income tax and corporate tax follow suggestions from outgoing Finance Secretary Purisima
Purisima: Enough fiscal space for more infra, social services spending
The outgoing finance chief expresses confidence in the incoming economic team whose members he says have the experience and expertise to navigate a fiscally sustainable path in today s lending environment
DOF bares tax reform proposals to incoming chief Dominguez
The proposals of the outgoing DOF leadership include a one time tax amnesty program – excluding pending tax cases to generate widespread support
Bongbong Marcos, Quiboloy on Duterte, Mansour killed | 6PM wRap
Watch Rappler s 6PM newscast with Maria Ressa
Purisima, Dominguez prepare for DOF transition
Purisima says Dominguez his successor has the qualities needed to lead the Department of Finance
Malaysian investors told: Keep investing in PH beyond elections
The finance chief says the Philippines is in the right place at the right time with its favorable demographics and integration with ASEAN neighbors
Gov't unsatisfied with Fitch's PH credit rating
The Philippines is still underrated as it outperforms its neighbors in Southeast Asia in terms of economic growth drivers Finance Secretary Cesar Purisima says
Italy cracks down on Philippine remittance agencies
UPDATED In December 2014 RCBC s remittance company in Italy faced a hefty fine of 74 445 10 for its failure to comply with the country’s stringent anti money laundering enforcement
DOF fears closure of remittance shops abroad amid $81M heist
A recruitment and migration expert says he was told by Task Force OFW in Italy that RCBC and BPI closed their remittance shops in Rome and Milan early 2016
PH to share its 'great economic story' with US investors
Philippine government and business leaders aim to drum up investor interest and soothe concerns over the elections
Purisima to critics: PH debt position 'best in 18 years'
By virtually any sensible measure we are much better off today than we were 6 or even 18 years ago with the earliest comparable annual debt data says the finance secretary
National debt at P5.954 trillion, up 3.8% from 2014 levels
Despite the nominal increase debt in proportion to the country s GDP declined to 44 8 in 2015 from 45 4 in the previous year
Philippines gets credit rating upgrade from NICE
With this latest credit rating action from NICE Fitch Ratings remains the only agency that assigns the minimum investment grade to the Philippines
PH to join China-led bank amid sea dispute
UPDATED Joining the China led AIIB eventually means more jobs and better businesses Finance Secretary Cesar Purisima says
Despite US Fed decision, BSP keeps interest rates unchanged
Gov t officials say there s no need to worry about the US Fed interest rate hike as the Philippines has sound macroeconomic fundamentals
Customs brokers press Ombudsman on case vs DOF, BIR, ex-BOC chiefs
Customs brokers say the Ombudsman erred in dismissing a case against Cesar Purisima Kim Henares and John Sevilla
PH, Japan sign $1.99B loan for North-South commuter railway
This marks the largest loan package of the Japanese government to a development partner
BSP confident remittances to grow 5% despite August setback
I believe remittances will continue to be stable at around 5 for 2015 BSP deputy governor Diwa Guinigundo says
What will stimulate PH economy until 2050?
The Philippine economy can post an average growth of over 7 in the next 10 years – with quality workforce and an attractive investment climate
Why PH has 2nd highest income tax in ASEAN
Come ASEAN integration by yearend the Philippines will have the most uninviting tax system in the region
Aquino stops 'physical' check of balikbayan boxes
2ND UPDATE President Aquino instructed the customs bureau Monday night that only in cases where there are derogatory findings from the X ray or K 9 examination will there be a physical inspection of goods
Japan's R&I affirms Philippines at 'BBB;' outlook stable
The Philippines Department of Finance however says it expected a higher rating
Gov't incurs record-high budget surplus in May
The May budget surplus of P67 3B is 472 higher than the P11 8B surplus recorded in the same period in 2014
PH gets credit rating upgrade from Japan
The latest upgrade from Japan Credit Rating Agency is the 22nd positive rating action for the country from international credit rating agencies like S P Moody’s and Fitch
Why PH is not yet joining the China-led infra bank
The deadline to join is December 2015
Cebu Action Plan gets support from APEC senior officials
The Cebu Action Plan is a 4 pillar move to make economies more transparent resilient and integrated It is expected to boost infrastructure financing as well
PH GDP growth slows to 3-year low: 5.2% in Q1 2015
4th UPDATE The Philippines first quarter gross domestic product growth is below government and market expectations
10 richest Cabinet officials unchanged in 2014
Foreign Affairs Secretary Albert del Rosario remains the richest Cabinet official while Education Secretary Armin Luistro is still the poorest in 2014
Aquino gov't fails to meet spending targets by 66%
The Aquino administration continues to underspend as the deficit in the previous quarter stands at P33 5B versus the P98 1B target for the period
AEC 2015: Will PH firms be market disruptors?
Businessmen analysts and senior government officials weigh in on how the Philippines will fare once the ASEAN Economic Community comes into force in December and the challenges it has to address now
US firms express interest in PH investments
Executives of US firms with Philippine operations also tell President Benigno Aquino III in a roundtable discussion that they are greatly satisfied with the competence and talent of their Filipino workers
Forbes launches Forbes Philippines
The local edition aims to use its long working cycles to dig deeper into the entrepreneurial aspect of Philippine business
Sevilla: No pressure from Ochoa, Purisima to resign
The former Customs chief clarifies the Finance Secretary and the Executive Secretary talked to him about a potential reassignment of an individual within the bureau but the two respected his decision not to go through with it
S&P maintains investment grade for PH
The government is aiming for an A category rating over the medium term
New Customs chief: 'I will double down on reforms'
Customs Commissioner Alberto Lina vows to continue the reforms started by ex chief John Sevilla and vows to move faster than usual with only a little over a year to serve in the position
Firms urge gov’t to maintain PPP momentum as 2016 looms
The private sector is gaining confidence in public private partnership projects as the government mulls joining a China led development bank to help narrow the infrastructure gap
Aquino sends Drilon to Lee Kuan Yew funeral
Lee Kuan Yew showed us that resolute political will can positively transform nations and societies Senate President Franklin Drilon says
Singapore Airlines to open lounge at NAIA 3 in March
Our investments this year clearly demonstrate the confidence we have in the Philippines as a tourist and business destination says Philip Goh SIA regional vice president for Southeast Asia
Filipino workers to enjoy higher tax exemption
The government allows an additional P10 000 worth of benefits starting January 15
Aquino's previously canceled South Korea trip on again
UPDATED The President changes his mind and decides to again push through with his trip to the ASEAN Republic of Korea ROK 25th Anniversary Summit
Gov't rejects labor suit dues, warns vs power rate hikes
Finance Secretary Cesar Purisima says that the beneficiaries of the P60 2 billion in back wages were mostly rehired after their termination anyway
Caught on cam: Secretary Purisima dozes off at ASEAN Summit
Was the finance secretary just resting his eyes at the ASEAN Plenary Session as President Aquino was speaking? He tweets a photo later showing he s wide awake
In entrepreneurship, 'responsibility key to sustainability'
There is a paradox to not paying taxes By being irresponsible to community and country you are being irresponsible to yourself says Finance Secretary Cesar Purisima
DOF pushes unrestricted trading of gov't securities
The Bureau of Treasury aims to roll out the non restricted trading environment this September – assuming the market is ready
