People-to-people exchanges to boost PHL-India ties

CHENNAI, India—Finance Secretary Carlos Dominguez III has welcomed the proposal of former Indian ambassador Gopalkrishna Gandhi to expand people-to-people exchanges between the Philippines and India as a way to strengthen…

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FDI inflows in Q1 grow by 43.5 percent

Foreign direct investment (FDI) net inflows in the first quarter rose to $2.2 billion or an increase of 43.5 percent compared to the same period last year, indicating the sustained…

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India an inspiration in PHL pursuit of rapid inclusive growth

CHENNAI, India—Finance Secretary Carlos Dominguez III said the Philippines looks to India as an inspiration in its pursuit of rapid growth anchored on a shift to more market-oriented policies to…

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AIIB interested in more PHL projects

MUMBAI, INDIA—The Asian Infrastructure Investment Bank (AIIB) has expressed interest in investing more in the Philippines’ “Build, Build, Build” infrastructure program, citing the government’s sustained efforts to shift to investment-led…

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Dominguez seeks additional AIIB support for PHL infra projects

MUMBAI, INDIA—Finance Secretary Carlos Dominguez III has sought the support of the Asian Infrastructure Investment Bank (AIIB) in funding other big-ticket infrastructure projects under the Duterte administration’s "Build, Build, Build"…

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DOF Economic Bulletin: RESPONSE TO HEYDARIAN’S OPINION ON THE PHILIPPINE ECONOMY

Heydarian’s opinions went overboard describing the Philippine economy as suffering from a “fallout” and “economic managers as grappling with erratic and populist policies.” His generalizations are erroneous and not backed…

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Dominguez cites urgency of infra development in Southeast Asia connectivity

MUMBAI, India—Finance Secretary Carlos Dominguez III has underscored the urgency of modernizing transport infrastructure systems in Asia’s emerging economies to boost economic expansion and increase incomes, along with improving cross-border…

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Dominguez lauds PDIC for building public trust in PHL banking system

Finance Secretary Carlos Dominguez III has called on the Philippine Deposit Insurance Corporation (PDIC) to be prepared to constantly adapt to the changes brought about by rapid technological innovations as…

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PHL taking part in AIIB Annual Meeting

MUMBAI, INDIA--​Finance Secretary Carlos Dominguez III has arrived here to take part in the third annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) set…

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