South Korea has offered a $1.7 billion credit facility and another $7 million in the form of non-lending programs to the Philippines to help implement the Duterte administration’s priority programs…
The takeover by Japan Tobacco Inc. of Mighty Corporation has led to a 2o0 percent increase in the excise tax payments for the September-October period alone for this cigarette manufacturer…
The Department of Finance (DOF) is working on the funding requirements for three big-ticket infrastructure projects, which include the first phase of the proposed Metro Manila Subway, in time for…
The Duterte administration’s “Build, Build, Build” team has assured the country’s business leaders that the government is open to team-ups with the private sector on big-ticket infrastructure projects under the…
The Department of Finance (DOF) has maintained that the initial operations of the Overseas Filipino Bank (OFB) will proceed as scheduled in January 2018, following the assurance by the Bangko…
The Department of Finance (DOF) said inflation in October 2017 likely peaked at 3.5 percent from 3.4 percent a month ago, driven mainly by higher price increases in non-food items,…
The Department of Finance is harnessing the power of digital technology to implement three major initiatives in improving the ease of doing business in the country. According to Dr. Dennis…
The Department of Finance (DOF) has expressed confidence that the board of the Millennium Challenge Corp. (MCC) will consider the Duterte administration’s sweeping reforms to weed out official corruption and…
Finance Secretary Carlos Dominguez III and Jack Ma recently discussed ways on how to empower micro, small and medium enterprises (MSMEs) in the Philippines through affordable electronic commerce innovations pioneered…
Finance Secretary Carlos Dominguez III has directed Customs Commissioner Isidro Lapeña to spearhead the creation of interagency task forces at the regional level to unify and beef up anti-smuggling operations…
