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,…
Finance Secretary Carlos Dominguez III has instructed the interagency Trust Fund Management Committee (TFMC), which is tasked to oversee the utilization of the coco levy trust fund, to ensure that…
Collections from rice import tariffs of the Bureau of Customs (BOC) grew 14 percent to P8.35 billion in the first five months of 2022 from P7.32 billion during the same…
Finance Secretary Carlos Dominguez III and Land Bank of the Philippines (LANDBANK) President-CEO Cecilia Borromeo unveil the marker for the newly inaugurated LANDBANK Corporate Center in Davao City. Joining them are (from left to right) LANDBANK Director Jaime Miralles, Davao City Councilor Diosdado Mahipus Jr. (representing Davao City Mayor-elect Sebastian Duterte), Mindanao Development Authority Chairperson Maria Belen Sunga-Acosta, LANDBANK Vice President for National Development Lending Sector Liduvino Geron, and LANDBANK Executive Vice President for Corporate Services Sector Alex Lorayes.
DAVAO CITY—Finance Secretary Carlos Dominguez III said Friday the inauguration of the new corporate center of the Land Bank of the Philippines (LANDBANK) in this city represents the institution's investment…
Insurance claims related to COVID-19 amounted to P2.93 billion in the first quarter of this year, with life insurance benefits accounting for 61 percent or P1.79 billion of the payouts,…
The Fiscal Incentives Review Board (FIRB) Secretariat has successfully conducted 15 virtual town hall meetings attended by 2,400 participants combined, in an effort to brief and assist its stakeholders on…
