Joint Statement of Bangko Sentral ng Pilipinas and Department of Finance on the Operations of Philippine Financial Markets

Based on the recommendation of the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF), the Office of the President announced yesterday, March 16, enhanced community quarantine measures…

Comments Off on Joint Statement of Bangko Sentral ng Pilipinas and Department of Finance on the Operations of Philippine Financial Markets

Gov’t economic team rolls out P27.1 B package vs COVID-19 pandemic

President Rodrigo Duterte’s economic team has announced a P27.1-billion package of priority actions to help frontliners fight the 2019 coronavirus disease (COVID-19) pandemic and provide economic relief to people and…

Comments Off on Gov’t economic team rolls out P27.1 B package vs COVID-19 pandemic

DOF secures US$3-million ADB grant vs COVID-19 pandemic

The Department of Finance (DOF) has secured a US$3-million grant from the Asian Development Bank (ADB) to help strengthen the Philippines’ capability in containing the spread of the coronavirus disease…

Comments Off on DOF secures US$3-million ADB grant vs COVID-19 pandemic

Dominguez activates DOF continuity program amid COVID-19 lockdown

Finance Secretary Carlos Dominguez III has ordered the activation of an emergency working arrangement at the Department of Finance (DOF) to ensure the continuity of its services to the public…

Comments Off on Dominguez activates DOF continuity program amid COVID-19 lockdown

LANDBANK assets reach record-high P2.03T in 2019

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…

Comments Off on LANDBANK assets reach record-high P2.03T in 2019

PSALM cuts debts by P27-B, collectsP98 -B revenues in 2019

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…

Comments Off on PSALM cuts debts by P27-B, collectsP98 -B revenues in 2019