Finance Secretary Carlos Dominguez III has thanked the Congress for its swift and timely passage of the Financial Institutions Strategic Transfer (FIST) Act, a law recently signed by President Duterte…
The Insurance Commission (IC) is targeting to roll out in the first quarter of 2021 the Philippines’ first private sector-led catastrophe insurance facility that is designed to heighten the country’s…
Finance Secretary Carlos Dominguez III has expressed confidence that the Bureau of Internal Revenue (BIR) would be able to overshoot its P2.08-trillion collection target this year as it faces the…
The Bureau of Internal Revenue (BIR)’s digital transformation program will be “fully functional and irreversible” to ensure the agency’s much improved services and highly efficient collection performance, which are both…
Finance Secretary Carlos Dominguez III said Monday the rise of a science and technology (S&T) park in Batangas could clear the way for startups from India and other countries to…
Internal Revenue Commissioner Caesar Dulay has reported that the Bureau of Internal Revenue (BIR) was able to surpass its collection goal in 2020 through the strict monitoring of tax compliance,…
The Department of Finance (DOF) said the recent P12.5 billion capital infusion to the Development Bank of the Philippines (DBP) will provide additional funds for the state lending institution's COVID-19…
A fifth of the 30 institutions polled by the Department of Finance (DOF) correctly predicted the contraction of the Philippines’ gross domestic product (GDP) by 9.5 percent in the pandemic-hit…
Finance Secretary Carlos Dominguez III has commended the Bureau of Customs (BOC) for performing “extremely well” in 2020 by continuing to raise better-than-expected revenues, ensuring the free flow of goods…
Reforming the pension system of our military and uniformed personnel (MUP) is long overdue, and has acquired greater urgency in view of the growing fiscal burden and sustainability risks it…
