HANGZHOU, China—Finance Secretary Carlos Dominguez III has broached the possibility of tapping Alibaba’s fintech (financial technology) solutions through its related company Ant Financial to lower remittance costs for the Philippines’…
The Tax Reform for Acceleration and Inclusion Act (TRAIN) effectively increases the take-home pay not only of salaried workers earning P250,000 yearly and below but also of those with annual…
HANGZHOU, China—Finance Secretary Carlos Dominguez III said the Philippines has a lot of catching up to do in the digital race, starting with modernizing its physical infrastructure, which the Duterte…
The Department of Finance (DOF) has so far engaged 65 of the country’s 76 government regulatory agencies that are required to go online to streamline applications for permits on imports…
Compared to the same period in the previous year, cigarettes bearing the brands sold by Mighty Corporation yielded roughly P4 billion more in monthly excise taxes over the September-December 2017…
Finance Secretary Carlos Dominguez III said there is "unprecedented optimism" over the country’s economic prospects on the Duterte watch, partly because the business community and even ordinary citizens see the…
Finance Secretary Carlos Dominguez III has stressed that an effective competition policy in a market economy would ensure that enterprises perform well and consumers are able to get the best…
HANGZHOU, China—Finance Secretary Carlos Dominguez III said here Wednesday the immense and rapid developments in the field of digital finance not only enhances payments systems and remittance processing across all…
Finance Secretary Carlos Dominguez III said he expects the Duterte administration’s “Build, Build, Build” program to shift to high gear starting this year with the rollout of the first set…
The Department of Finance (DOF) is now finetuning certain aspects of Package 2 Plus of the Duterte administration’s Comprehensive Tax Reform Program (CTRP) to make sure that the proposal it…
