The Social Security System (SSS) is prepared to pay unemployment benefits to some 30,000 to 60,000 workers projected to lose their jobs as a result of the possible layoffs in,…
The total assets of the Land Bank of the Philippines (LANDBANK) breached the P2 trillion mark in 2019, setting a new record for the state financial institution that has continued…
The Power Sector Assets and Liabilities Management Corp. (PSALM) was able to cut its financial obligations by P27.18 billion and collect P98.37 billion in revenues and receivables in 2019 through…
The Land Bank of the Philippines (LANDBANK) already lent out a total of P229.38 billion to the agriculture sector as of January 31, achieving 86.5 percent of its loan target…
Secretary Carlos Dominguez III said Friday the Department of Finance (DOF) is ready to work with the Congress to speed up the approval of measures amending the Anti-Money Laundering Act…
The Development Bank of the Philippines (DBP) has surpassed all its financial targets in 2019, with total assets growing 14 percent to P762.27 billion and gross income rising 26 percent…
The Department of Finance (DOF) has said the proposed incentives regime under Senate Bill (SB) No. 1357, or the Corporate Income Tax and Incentives Reform Act (CITIRA), once approved by…
Finance Secretary Carlos Dominguez has directed the Bureau of Customs (BOC) to closely coordinate with the Anti-Money Laundering Council (AMLC) in investigating attempts by suspected syndicates to bring in large…
With the Philippines expected this year to rise to upper middle-income status ahead of schedule, it is making its first-ever contribution to the grant fund of the Asian Development Bank…
The state’s total credit guarantee portfolio amounted to P216 billion in 2019 following the consolidation of the finances of five state agencies performing guarantee functions into a single fund under…
