CTRP packages gain headway in Congress, says DOF

Government made history in 2019 when on its watch, excise taxes on tobacco products were raised twice under one administration, and a new set of 'sin' taxes on electronic cigarettes…

Comments Off on CTRP packages gain headway in Congress, says DOF

Dominguez cites fellow DOF workers for job well done in 2019

Secretary Carlos Dominguez III has congratulated his fellow workers in the Department of Finance (DOF) and its attached agencies for a “good job” done last year, which has led to…

Comments Off on Dominguez cites fellow DOF workers for job well done in 2019

Catch-up spending plan brings growth back on track

The Duterte administration overcame one of its biggest challenges in 2019—an economy hobbled by a combination of the delayed congressional approval of the year’s national budget and global trade tensions—through…

Comments Off on Catch-up spending plan brings growth back on track

Rice tariffication a gamechanger in 2019

Among the gamechanging reforms for which the Department of Finance (DOF) relentlessly advocated congressional approval in 2019 was the Rice Tariffication Law (RTL), which imposes farmer protection tariffs on rice…

Comments Off on Rice tariffication a gamechanger in 2019

PHL eyes more financing, technical support from Japan for ‘Build’ program

The Philippines will explore more opportunities to tap additional financing and technical support from Japan as the government shifts to higher gear this year the implementation of accelerates President Duterte's…

Comments Off on PHL eyes more financing, technical support from Japan for ‘Build’ program

Gov’t upholding strict standards in foreign loan deals—DOF

Finance Undersecretary Mark Dennis Joven has reiterated that the Philippine government continues to uphold strict standards in dealing with foreign lenders for the government’s 'Build, Build, Build' infrastructure program. Joven…

Comments Off on Gov’t upholding strict standards in foreign loan deals—DOF

PHL, Cambodia near agreement on double taxation treaty

The Philippines and Cambodia may soon reach an agreement on the avoidance of double taxation on the individuals and companies of the two countries, following the substantial progress made during…

Comments Off on PHL, Cambodia near agreement on double taxation treaty

Qatar Fund officials eye PHL cooperation in infra, human capital development

Officials of the Qatar Fund for Development (QFFD) have expressed openness in exploring opportunities for development cooperation with the Philippines in the areas of infrastructure and human capital development, according…

Comments Off on Qatar Fund officials eye PHL cooperation in infra, human capital development