DBP board elects Borromeo as bank president-CEO

The board of directors of the Development Bank of the Philippines (DBP) electedWednesday (Jan. 4) former Land Bank of the Philippines (LandBank) officer-in-charge (OIC) Cecilia Borromeo as its president and…

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DOF expects inflation to remain favorable this year

The Department of Finance (DOF) expects the rate of increase in consumer prices to remain favorable this year after inflation dipped to its lowest level in almost three decades in…

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PHL strong fundamentals to keep interest rates low—DOF

PHL strong fundamentals to keep interest rates low—DOF The Philippines would continue to enjoy low interest rates for so long as the country’s macroeconomic fundamentals are kept intact, the Department…

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Singapore eyes increased investments, more flights to Manila

The government of Singapore has expressed interest in further increasing its investments in the Philippines, as well as adding more flights to Manila in anticipation of increased demand in air…

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YEARENDER: DOF crafts “game-changing” tax reform package in 2016

The Department of Finance (DOF) completed in less than 90 days into the Duterte administration last year the first package of its proposed comprehensive tax reform program (CTRP) envisioned to…

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