The Duterte administration is mulling over the possible expansion of the coverage of the ASEAN Green Bonds Framework to include sectors such as transportation, infrastructure and commercial banking, in step…
Finance Secretary Carlos Dominguez III welcomed Spain’s offer of a financing facility of up to 300 million euros to support government projects in the areas of infrastructure, agro-food and tourism.…
Three more loan agreements with Japan are expected to be formalized in the first quarter of 2019 involving the implementation of three “Build, Build, Build” infrastructure projects designed to strengthen…
The Department of Finance (DOF) sealed concessional funding support in 2018 for big-ticket projects under the Duterte administration’s Build, Build, Build” (BBB) program, including its most ambitious and biggest single…
The Department of Finance (DOF) is planning to set up permanent campuses of the Philippine Tax Academy (PTA) in Tagaytay City in Cavite and New Clark City at the Clark…
The Food and Drug Administration (FDA) has submitted to the Department of Finance (DOF) a list of over 100 medicines with their corresponding generic names and brands for the treatment…
The Department of Finance (DOF) continued to spearhead programs on cutting red tape and improving the ease of doing business in 2018, with the government’s online trading portal that automates…
Dividends remitted by government-owned or -controlled corporations (GOCCs) breached the P40-billion mark in 2018, the highest amount ever collected since the law requiring state firms to hand over 50 percent…
The Department of Finance (DOF) has directed the Bureau of Internal Revenue (BIR) to determine whether beverage manufacturers are paying the correct amount and type of tax as mandated under…
President Duterte's economic team undertook prompt and decisive measures to rein in inflation in 2018, resulting in a marked slowdown that experts say could lead to the domestic economy picking…
