The Department of Finance (DOF) is set to launch an online tool that aims to streamline the reporting of data pertaining to the debts and other liabilities of government-owned and…
Deposit accounts opened through the Overseas Filipino Bank (OFBank)’s digital onboarding system more than doubled to nearly 46,000 as of July of 2021, compared to the number of accounts in…
Finance Secretary Carlos Dominguez III called on lawmakers Thursday to help ensure the Philippines’ solid recovery from the pandemic by working together with the Executive Branch in keeping the country’s…
Finance Secretary Carlos Dominguez III said Thursday night the Philippines has so far secured a total of 194.89 million doses of COVID-19 vaccines that are enough to inoculate about 100.5…
The value of tax credits granted to a half-dozen textile companies from 2008 to 2014 that were invalidated by the Commission on Audit (COA) have now ballooned to P1.6 billion,…
The Philippine International Trading Corp. (PITC) has returned a total of P5.2 billion to the Bureau of the Treasury (BTr) in the first half of 2021, according to a report…
In step with President Duterte's goal of financial inclusion for all Filipinos, the number of unbanked national ID registrants onboarded by the Land Bank of the Philippines (LANDBANK) to the…
Local government units (LGUs) have increased their collections from locally sourced revenues (LSRs) by 5 percent to P168.96 billion in the second quarter of 2021, compared to P161.49 billion in…
Manila, Philippines – Finance Secretary Carlos G. Dominguez announced Japan's final disbursement under the second phase of the JPY 50 billion Post-Disaster Standby Loan (PDSL-2) package extended to the Philippines.…
The Philippine Guarantee Corp. (PhilGuarantee) has provided guarantees to loans in the agriculture sector amounting to P3.5 billion in the first half of 2021, which is already 95 percent of…
