Reacting to recent statements made by Energy Regulatory Commission (ERC) Chairperson Agnes Devanadera, the Department of Finance (DOF) has clarified that there is no double taxation in the imposition of…
President Rodrigo Roa Duterte conferred the Order of Lakandula with the Rank of Grand Cross (Bayani) to Finance Secretary Carlos G. Dominguez on June 16, 2022 at the Malacañan Palace.
Finance Secretary Carlos Dominguez III, on behalf of the Philippine government, and Chinese Ambassador to the Philippines Huang Xilian, representing the government of the People’s Republic of China, exchange documents on the framework and loan agreements for the RMB 2.34 billion concessional financing package that will fund the construction of a 2-way, 4-lane bridge connecting Davao City and the Island Garden City of Samal in Mindanao.
The Philippines and China exchanged Monday (June 13) the documents for a 2.34-billion renminbi loan to finance the construction of a two-way, four-lane bridge connecting Davao City and the Island…
The Land Bank of the Philippines (LANDBANK) and the Development of the Philippines (DBP) have facilitated the distribution of over P8.2 billion for the P5,000 in direct and unconditional cash…
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Finance Secretary Carlos Dominguez III and Asian Development Bank (ADB) Deputy Director General Winfried Wicklein exchange their copies of two loan agreements aimed at supporting the Philippines’ climate action agenda and further developing the domestic capital markets as a source of financing for its infrastructure modernization program.
Finance Secretary Carlos Dominguez III has urged the Asian Development Bank (ADB) to spearhead an ASEAN-wide initiative that would enable member-countries of the regional organization to exchange information and best…
Department of Finance (DOF) Assistant Secretary Juvy Danofrata has said that the FIRB welcomes the decision of Concentrix to give up its tax perks in exchange for a continued hybrid…
The Financial Stability Coordination Council (FSCC) recently released the Systemic Risk Crisis Management (SRCM) Framework in line with the FSCC’s mandate to continuously enhance the resilience of the country’s financial system.
