Hybrid PPP to complement infra buildup

The Duterte administration’s “hybrid” Public-Private Partnership (PPP) program will help speed up the roll-out of the government’s big-ticket infrastructure projects under its “Build, Build, Build” program as this modified strategy…

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MICC to review mine operations every two years

Finance Secretary Carlos Dominguez III has lauded the interagency Mining Industry Coordinating Council (MICC) for starting the “fact-finding and science-based” review of mining operations across the country for the first…

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Dominguez debunks misleading claim on supposed drop in FDIs

Finance Secretary Carlos Dominguez III has debunked unfounded concerns over the supposed drastic drop in the flow of foreign direct investments (FDIs) into the Philippines as he pointed to the…

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LGU treasurer in P728-M fertilizer fund scam dismissed from service

Acting on the orders of the Office of the Ombudsman, the Department of Finance (DOF) has dismissed from the service for grave misconduct a municipal treasurer from Guimbal, Iloilo for…

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PHL surpasses 9 requirements in record compliance with EITI Standard

The Philippines has surpassed the requirements in nine areas set by the Extractive Industries Transparency Initiative (EITI) on global benchmarks for good governance in the oil, gas and mineral sectors…

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DOF thanks China for donation of heavy equipment for Marawi rehab

On behalf of the Philippine government, the Department of Finance (DOF) has expressed its gratitude to China for the early arrival of its donation of $3 million-worth of heavy equipment…

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Dominguez says end of Marawi conflict to boost investor confidence

Finance Secretary Carlos Dominguez III said the impending end of the drawn-out conflict in Marawi City will further boost investor confidence in the economy, more so now that the government…

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