Finance Secretary Carlos Dominguez III said Friday the World Bank (WB)-funded modernization project of the Bureau of Customs (BOC) is a major step toward fulfilling the Duterte administration’s goal of aligning the agency’s processes and standards with the world’s best and most efficient customs services.
Read MoreThe National Power Corp. (Napocor) and the National Transmission Corp. (Transco) are targeting to add 45.31 megawatts of power capacity, 71.3 circuit kilometers (km) of transmission lines and build 45.0 MVA substation facilities this year to provide electricity to some 30,000 unserved households.
Read MoreThe reforms initiated by the Duterte administration to fix the flawed regulatory framework under the over decade-old Real Estate Investment Trust (REIT) Act has cleared the way for this “powerful financial mechanism” to broaden access to investments and become an indispensable tool in rebuilding the economy, Finance Secretary Carlos Dominguez III said Wednesday.
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