Revenue from tax collections of P2.251 trillion in 2017, which is 14.25 percent as a percentage of gross domestic product (GDP), represents the highest tax effort in 10 years without…
Finance Secretary Carlos Dominguez III is urging local government units (LGUs) to take advantage of two funding programs administered by the Department of Finance (DOF) to build climate-resilient communities and…
The Duterte administration is pushing income tax reforms in the corporate sector to level the playing field of business and make our system equitable, transparent and more accountable by, among…
The Philippines and Japan signed on Friday the 104.53 billion yen loan agreement for the construction of the first phase of the Metro Manila Subway Project, which aims to ease…
Singapore, 16 March 2018 – The Philippine economy continues to enjoy favorable macroeconomic prospects despite a slight moderation in growth and the small deficit in the current account balance in…
The government is targeting to bid out some P98.32 million-worth of state-owned assets in the first quarter of 2018, according to the Privatization Management Office (PMO) of the Department of…
The Duterte administration is looking at advances in digital technology as part of reforms it will put in place to surpass the country’s record-high foreign direct investment (FDI) inflows in…
GUIUAN, EASTERN SAMAR—Finance Secretary Carlos Dominguez III and United States Ambassador to the Philippines Sung Kim led the site visit of a road and bridge infrastructure project completed under a…
A major Chinese credit rating agency has given the Philippines’ planned issue of some RMB 1.46 billion-worth of "Panda bonds" its highest rating of ‘AAA’ with a stable outlook, citing…
Japan is set to turn over 27 units of heavy machinery and other equipment to the Philippine government this March to aid in the reconstruction and rehabilitation efforts for Marawi…
