MANILA, Philippines, January 13, 2022 - The Republic of the Philippines ("ROP") has established its Sustainable Finance Framework (“Framework”) to support its sustainability commitments. The Framework sets out how the…
The Fiscal Incentives Review Board (FIRB) has enjoined the Board of Investments (BOI), an attached agency of the Department of Trade and Industry (DTI), to finalize the Strategic Investment Priority…
The National Transmission Corp. (Transco) has succeeded in testing and applying emerging ICT technologies that will make use of existing power line infrastructures to help the Department of Education (DepEd)…
Finance Secretary Carlos Dominguez III has lauded President Duterte and the Congress for the enactment into law of a measure backed by the Department of Finance (DOF) that seeks to…
The Department of Finance (DOF) remains optimistic that the Congress will pass in 2022 the remaining tax reform packages of the Duterte administration that aim to reform the property valuation…
The Department of Finance (DOF) has so far secured financing totaling US$800 million (about P40 billion) from multilateral development banks (MDBS) to ensure adequate government funds to procure COVID-19 booster…
The country’s social security institutions continue to digitalize their respective systems, which include allowing the electronic filing of benefit claims and application of loans, in line with President Duterte’s directive…
Real Estate Investment Trusts (REITs) in the Philippines have raised P76.42 billion thus far in new capital since the Duterte administration fixed the flaws in the regulatory framework of these…
The Philippine Dealing System Holdings Corp. (PDS Group) is planning to launch the Philippines’ first-ever digital corporate bond in February 2022 as part of its initiatives to utilize digital technologies…
