Secretary Carlos Dominguez III said Wednesday he will hand over to his successor, former Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno, a Department of Finance (DOF) that has substantially…
Finance Secretary Carlos Dominguez III has placed the Philippine Crop Insurance Corp. (PCIC) under the supervision of the Insurance Commission (IC) to empower the latter to regularly examine the financial…
Finance Secretary Carlos Dominguez III and Philippine Postal Corporation (PhilPost) Postmaster General-CEO Norman Fulgencio led the unveiling Wednesday morning (June 29) of the commemorative stamps marking the 125th anniversary of…
The Insurance Commission (IC) has formed project audit teams to ensure that the country’s social insurance institutions are adopting the globally accepted Philippine Financial Reporting Standards 4 (PFRS 4), in…
Government-owned and -controlled corporations (GOCCs) have remitted a precedent-setting P374.54 billion in cash dividends to the National Treasury from the time President Duterte took office in July 2016 up to…
Commissioner Rey Leonardo Guerrero said several reforms initiated by the Bureau of Customs (BOC) under his leadership has helped improved the collection efficiency of the agency and ably assisted in…
The total current operating income of the local government units (LGUs), mainly provinces, cities, and municipalities, rose by 19.4 percent in the first quarter of 2022 to P319.42 billion compared…
The Department of Finance (DOF) is now finetuning a proposed arrangement with the Power Sector Assets and Liabilities Management Corporation (PSALM) and National Power Corp. (NPC) on the funding rollout…
The National Transmission Corporation (TransCo) is set to perform a vital role in the Department of Energy’s (DOE) Green Energy Auction Program (GEAP) by managing the revenue claims of renewable…
The Capital Market Development Council (CMDC) has capped its array of accomplishments under the Duterte administration with the successful issuance of the Philippines’ first-ever digital corporate bond using blockchain technology,…
