Gov’t ‘more open’ to RCEP trade pact—Dominguez

​Finance Secretary Carlos Dominguez III said the Duterte administration ​will look "closely" at the Regional Comprehensive Economic Partnership (RCEP), given its new policy of moving the country swiftly towards economic…

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Gov’t eyeing 5 steps to keep infra projects transparent, graft-free

The Duterte administration is considering the implementation of five measures, including the monitoring of projects in real time through the use of drones, to place its infrastructure buildup strategy on…

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BOC seizes 2 oil tankers with P700-M smuggled fuel

The Bureau of Customs (BOC) scored its first big break against oil smuggling in only six months on the Duterte watch with the seizure of two oil vessels carrying a…

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LandBank setting up OFW Bank by September 2017

The Land Bank of the Philippines is due to set up by September next year a bank partly owned by overseas Filipino workers (OFWs) and with an authorized capital of…

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Buco sworn in as new Customs deputy commissioner

Finance Secretary Carlos Dominguez III recently swore into office lawyer Edward James Dy Buco as Deputy Commissioner of the Bureau of Customs, replacing Peter Manzano. Buco was private lawyer prior…

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AIIB eager to finalize PHL projects for bank financing

Asian Infrastructure Investment Bank (AIIB) president Jin Liqun has expressed enthusiasm in finalizing Philippine infrastructure projects for financing by this China-led multilateral lender after the Senate had finally concurred in…

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