The Department of Finance (DOF) is pushing the implementation of its proposed restructuring of the excise tax on automobiles not only to partly ensure the financial sustainability of the government’s…
The national government incurred a fiscal deficit in October this year, but it was significantly lower compared to that of the same month a year ago, data from Bureau of…
DAVAO CITY—The Philippines is improving the ease of doing business to encourage increased investments from Spanish and other foreign business groups that want a foothold in the highly lucrative and…
A hefty part of President Duterte's unparalleled public investments on his watch will be devoted to infrastructure servicing the tourism industry in keeping with his goal of transforming this sector…
This week’s overall weakening of Asian currencies vis-a-vis the dollar was an overreaction by fund managers to the prospects of higher US Federal Reserve rates this December, according to Finance…
The Duterte administration is spending a whopping P860.7 billion on large-scale infrastructure projects next year, which represents 5.4 percent of the country’s Gross Domestic Product (GDP), in keeping with its…
The Philippines and Iran have agreed to further expand their bilateral ties, beginning with establishing banking relations and renewing the strong economic cooperation between the two countries. In a meeting…
Finance Secretary Carlos Dominguez III has ordered the implementation of penalties ranging from dismissal from the service to suspension without pay against four municipal treasurers and a Bureau of Customs…
New improved guidelines for submission and P60 million project development support facility launched The People's Survival Fund Board (PSF) has approved a total of P120 million in funds for two…
Finance Secretary Carlos Dominguez III said the Philippine peso’s breaching of the P50 level against the dollar is an expected reaction of the local currency to the anticipated early rate…
