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DOF orders accurate reporting of liabilities by gov’t social institutions via full compliance with proper accounting standards

Finance Secretary Carlos Dominguez III has directed government insurance institutions (GIIs)— Social Security System (SSS), the Government Service Insurance System (GSIS), and Philippine Health Insurance Corporation (PhilHealth)—to fully comply with…

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December 3, 2021
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SEC speeds up digitalization programs to improve ease of doing business

The Securities and Exchange Commission (SEC) has accelerated the implementation of its digitalization reforms under the Duterte administration to further improve the ease of doing business in the country and…

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December 2, 2021
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CCC panel of experts brief media on climate hazards, action in PHL

The Department of Finance (DOF) and the Climate Change Commission (CCC) will be holding a media briefing with the National Panel of Technical Experts (NPTE) this week to inform the…

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December 2, 2021
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Fiscal consolidation necessary to minimize long-term economic scarring from COVID-19 pandemic, SC rule on expanded LGU tax share– DOF

The Department of Finance (DOF) is reviewing the viability of pursuing a fiscal consolidation plan that will minimize whatever long-term economic scarring may occur as a result of the COVID…

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November 30, 2021
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DOF embarks on digitalization programs to improve services, decision making

The Department of Finance (DOF) under Secretary Carlos Dominguez III has beefed up its digitalization initiatives, which include facilitating trade online and making the filing of tax exemptions more convenient…

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November 29, 2021
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Philippines seeks global support to achieve climate ambition

Finance Secretary Carlos Dominguez III said that while the Philippines is starting to take concrete actions in mitigating the ill effects of climate change without waiting for delayed financing pledges…

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November 28, 2021
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Dominguez urges foreign businessmen to invest in Philippines’ ‘game-changing’ initiatives to sustain strong recovery amid pandemic

Finance Secretary Carlos Dominguez III pitched before foreign investors Friday the Philippines’ “game-changing undertakings” to ensure a strong, inclusive and resilient recovery from the pandemic as he urged them to…

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November 26, 2021
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