Finance Secretary Carlos Dominguez III has signed a new set of Revenue Regulations (RR) reducing the creditable withholding tax (CWT) on gold sales from 5 to 1 percent, a move…
The World Bank has commended the Philippines for being among the world’s advanced economies in terms of developing viable solutions for disaster risk financing, according to the Department of Finance…
Finance Secretary Carlos Dominguez III has cited the looming economic integration of the member-states of the Association of Southeast Asian Nations (ASEAN) plus China’s plan to invest heavily in its…
Finance Secretary Carlos Dominguez III has welcomed Malacanang’s approval of the acquisition by the Land Bank of the Philippines of the Philippine Postal Savings Bank (PPSB), which, he said, will…
Finance Secretary Carlos Dominguez III said that China’s grants for the construction of drug rehabilitation facilities and bridges in Manila indicate its “understanding and sympathy” for the challenges faced by…
The government as issuer, and the Bank of China as lead underwriter, have signed an agreement spelling out the terms and conditions of the Philippines’ maiden issue of some 1.4…
Finance Secretary Carlos Dominguez III sees an even better growth narrative for the Philippines in the succeeding quarters as the Duterte administration further ramps up spending on infrastructure and human…
Finance Secretary Carlos Dominguez III signed Wednesday three agreements on behalf of the Philippine government on economic and infrastructure cooperation with China, including an accord providing a $23 million grant…
The Department of Finance (DOF) and the Japan International Coordination Agency (JICA) sealed last Monday (November 13) a JPY15.93 billion loan agreement for a project that aims to control and…
China has committed a combined $7.34 billion in soft loans and grants thus far to the Philippines for the implementation of 10 big-ticket projects, the construction of two bridges in…
