The Office of the Ombudsman (OMB) has ordered an officer of the Bureau of Internal Revenue (BIR) to pay a fine equivalent to six months of his salary for failing…
The directive of Secretary Carlos Dominguez III for the Department of Finance (DOF), its attached agencies, and government financial institutions (GFIs) to vigorously pursue their respective digital transformation programs long…
In recent reports to the Fiscal Incentives Review Board (FIRB), investment promotion agencies (IPAs) identified the COVID-19 pandemic, high costs of doing business, and foreign equity restrictions in the Philippines…
The Philippine Government’s Insurance-Linked Security (ILS), otherwise known as the Cat Bond, has resulted in a partial trigger for Typhoon Odette. Following the onslaught of Typhoon 'Odette' (International name RAI),…
The Securities and Exchange Commission (SEC) has tapped 18 institutional partners, which include fund managers and investment houses, to expand the reach of its financial literacy campaign that aims to…
In 2021, President Duterte designated Finance Secretary Carlos Dominguez III as his official representative to the Climate Change Commission (CCC), a move that signaled a paradigm shift in the way…
Finance Secretary Carlos Dominguez III has approved the donation by the Bureau of Customs (BOC) to the Philippine Coast Guard (PCG) of 6, 357.8 liters of unmarked diesel fuel seized…
Five (5) Financial Institutions Strategic Transfer Corporations (FISTCs) have been established since the law allowing the creation of these corporate entities was enacted in February last year to enable banks…
The Bureau of Internal Revenue (BIR) has a total of 49 projects in the first phase of its 10-year Digital Transformation (DX) Roadmap, of which 14 have already been launched…
