The government is finalizing its sustainable finance framework for the issuance of the Philippines’ first-ever sovereign green bonds, in step with its ongoing effort to mobilize funds for capital-intensive climate…
Analysts from 26 private institutions have failed to correctly forecast the better-than-expected 7.1 percent year-on-year growth of the economy in the third quarter, with the closest projection at 6.5 percent,…
Finance Secretary Carlos Dominguez III has underscored the need for businesses to adapt quickly to the rapid changes in the economy resulting from digital innovations to prepare them for a…
Finance Secretary Carlos Dominguez III has instructed the management of the Philippine Crop Insurance Corp. (PCIC) to identify and explain its sources of funds and their corresponding uses to better…
The Securities and Exchange Commission (SEC) and the Bureau of Internal Revenue (BIR) are working together to ensure that financial technology (Fintech) companies in the country are properly regulated and…
Department of Finance (DOF) Undersecretary and its Chief Economist Gil Beltran said the proposed suspension of the excise taxes on fuel will be inequitable and lead to significant revenue losses,…
GLASGOW—Philippine Finance Secretary Carlos Dominguez III has urged multilateral development banks (MDBs) to adopt a harmonized set of guidelines for vetting climate adaptation and mitigation projects, which will serve as…
GLASGOW—A new private sector-led global organization that has committed an initial US$10 billion to help accelerate the implementation of clean energy projects in developing economies highly vulnerable to climate change…
GLASGOW – The Philippine Department of Energy (DOE) has outlined its envisioned path towards a sustainable energy future during the Energy Transition Partnership event at the 26th United Nations (UN)…
GLASGOW—The Department of Foreign Affairs (DFA) recently transmitted President Rodrigo Duterte’s letter to the government of the United Kingdom (UK) formalizing the Philippines’ commitment to reverse forest loss and land…
