The Fiscal Incentives Review Board (FIRB) has approved, upon the recommendation of the Board of Investments (BOI), the grant of tax incentives for a proposed P10-billion cement manufacturing project in…
Finance Secretary Carlos Dominguez III has cited the initiatives of the Capital Market Development Council (CMDC) to make the Philippine financial system “broad-based and inclusive” through digitalization and other enhanced…
MANILA, Philippines, January 13, 2022 - The Republic of the Philippines ("ROP") has established its Sustainable Finance Framework (“Framework”) to support its sustainability commitments. The Framework sets out how the…
The Fiscal Incentives Review Board (FIRB) has enjoined the Board of Investments (BOI), an attached agency of the Department of Trade and Industry (DTI), to finalize the Strategic Investment Priority…
The National Transmission Corp. (Transco) has succeeded in testing and applying emerging ICT technologies that will make use of existing power line infrastructures to help the Department of Education (DepEd)…
Finance Secretary Carlos Dominguez III has lauded President Duterte and the Congress for the enactment into law of a measure backed by the Department of Finance (DOF) that seeks to…
The Department of Finance (DOF) remains optimistic that the Congress will pass in 2022 the remaining tax reform packages of the Duterte administration that aim to reform the property valuation…
The Department of Finance (DOF) has so far secured financing totaling US$800 million (about P40 billion) from multilateral development banks (MDBS) to ensure adequate government funds to procure COVID-19 booster…
The country’s social security institutions continue to digitalize their respective systems, which include allowing the electronic filing of benefit claims and application of loans, in line with President Duterte’s directive…
