Philippines, Tax-haven blacklisted no more...

The news that the Philippines is in the black list of non-cooperative tax havens, along with Costa Rica, Malaysia, and Uruguay, came out last year when the Organization for Economic Co-operation and Development (OECD)—a grouping of industrialized countries dubbed as the rich countries' club—issued a list of countries failing to comply with the agreed international tax standards. Download

The NFA’s twin mandate of price stabilization and food security has cost the government billions of pesos in losses over the past few decades. As such, there is a need to reexamine the NFA to determine whether the benefits gained from its continued operation justifies the considerable funding it receives from the national government. Download

Enclosed in the walls of the Senate museum is a repository of our country's rich legislative tradition, the Philippine Senate's long and illustrious heritage that serves as the bastion of our nation's freedom.

The museum houses materials that show the mandates of the Senate under the Jones Law, and a host of congressional records, bills, resolutions and republic acts.