Eco reform advocacy group backs corporate tax reform

A public advocacy group with former finance officials, economists and leaders in the banking industry as members has expressed its full support for the proposal of the Department of Finance…

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Dominguez seeks WB-IFC assistance in digital Overseas Filipino Bank

Finance Secretary Carlos Dominguez III has asked the assistance of the International Finance Corp. (IFC), a sister organization of the World Bank, in helping set up a digital banking system…

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PHL, SoKor discuss $191-M projects as part of immediate ODA pipeline

SEOUL—The Philippines has discussed two infrastructure-related projects and a proposed revenue monitoring “infostructure” system in the pipeline with a total combined cost of $191 million for possible financing by South…

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PHL, KEXIM sign loan pact for Cebu Port Project

SEOUL—The Philippines and South Korea signed Monday (June 4, 2018) a $172.64 million loan agreement for the construction of a new international container port in Cebu that aims to free…

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Social mitigation measures in place vs inflation

The economic managers assured the public Tuesday that the government is fast-tracking the release of the unconditional cash transfers (UCTs) for the country’s poorest households, along with other social mitigation…

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Landbank sustains high-growth momentum in April

The Land Bank of the Philippines (LandBank) reported a net income of P5.068 billion as of April 2018, higher by 26 percent than the P4.038 billion registered in the same…

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