The Philippines has withdrawn from the Extractive Industries Transparency Initiative (EITI) on the back of questionable metrics and procedures for assessing the compliance of implementing-countries with the international organization’s transparency…
Business registrations will be made easier and more convenient with the forthcoming update to the electronic payment tool of the Securities and Exchange Commission (SEC) which will be expanded to…
The Fiscal Incentives Review Board (FIRB) Secretariat has revealed that only four investment promotion agencies (IPAs) have complied fully with the requirement under the Corporate Recovery and Tax Incentives for…
The Philippine Institute for Development Studies (PIDS) has underscored the need for a fiscal consolidation program, complemented by an economic stimulus package focused on investments in infrastructure and social services,…
The Department of Finance (DOF) has reported that the country’s National Government revenues, which stood at P3.0 trillion pesos or 15.5 percent of GDP in 2021, are expected to be…
The Bangsamoro government has paid tribute to President Duterte for honoring his 2016 promise of making the Mindanao peace process among the top priorities of his administration, as demonstrated by…
President Rodrigo Duterte has conferred the Order of Lakandula with the Rank of Grand Cross (Bayani) to outgoing Department of Finance (DOF) Secretary Carlos Dominguez III for his exemplary service…
Finance Secretary Carlos Dominguez III has expressed the hope that the achievements of the Intergovernmental Relations Body (IGRB) that had been formed to speed up the transition process of the…
The Philippines and the Asian Development Bank (ADB) have marked their 56 years of productive partnership with the signing of the first tranche of the multilateral institution’s largest single infrastructure…
