Overseas Filipino Bank to open in January

The Department of Finance (DOF) has maintained that the initial operations of the Overseas Filipino Bank (OFB) will proceed as scheduled in January 2018, following the assurance by the Bangko…

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Inflation remains manageable, says DOF

The Department of Finance (DOF) said inflation in October 2017 likely peaked at 3.5 percent from 3.4 percent a month ago, driven mainly by higher price increases in non-food items,…

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DOF focusing on 3 initiatives to improve ease of doing business

The Department of Finance is harnessing the power of digital technology to implement three major initiatives in improving the ease of doing business in the country. According to Dr. Dennis…

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Dominguez, Jack Ma discuss ways to power MSMEs through e-commerce

Finance Secretary Carlos Dominguez III and Jack Ma recently discussed ways on how to empower micro, small and medium enterprises (MSMEs) in the Philippines through affordable electronic commerce innovations pioneered…

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Dominguez to BOC: create regional anti-smuggling task forces

Finance Secretary Carlos Dominguez III has directed Customs Commissioner Isidro Lapeña to spearhead the creation of interagency task forces at the regional level to unify and beef up anti-smuggling operations…

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PHL, France to seal 100-M euro program loan

The Philippines will soon ink an agreement with Agence Française de Développement (AFD) of France for a EUR 100 million (equivalent to around USD115 million) loan to support the Local…

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