PHL has catching up to do in digital race–Dominguez

HANGZHOU, China—Finance Secretary Carlos Dominguez III said the Philippines has a lot of catching up to do in the digital race, starting with modernizing its physical infrastructure, which the Duterte…

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DOF taps 65 of 76 regulatory agencies for online trading platform

The Department of Finance (DOF) has so far engaged 65 of the country’s 76 government regulatory agencies that are required to go online to streamline applications for permits on imports…

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Mighty paid P4-B more in monthly taxes since JTI takeover in 2017

Compared to the same period in the previous year, cigarettes bearing the brands sold by Mighty Corporation yielded roughly P4 billion more in monthly excise taxes over the September-December 2017…

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Dominguez cites ‘unprecedented optimism’ on PHL eco prospects under PRRD

Finance Secretary Carlos Dominguez III said there is "unprecedented optimism" over the country’s economic prospects on the Duterte watch, partly because the business community and even ordinary citizens see the…

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Effective competition policy to provide consumers best value for money

Finance Secretary Carlos Dominguez III has stressed that an effective competition policy in a market economy would ensure that enterprises perform well and consumers are able to get the best…

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Digital technology to help achieve financial inclusion for Filipinos

HANGZHOU, China—Finance Secretary Carlos Dominguez III said here Wednesday the immense and rapid developments in the field of digital finance not only enhances payments systems and remittance processing across all…

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Infra buildup in full swing this year

Finance Secretary Carlos Dominguez III said he expects the Duterte administration’s “Build, Build, Build” program to shift to high gear starting this year with the rollout of the first set…

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DOF first in PHL to adopt global internal auditing standards

The Department of Finance (DOF) is the first Philippine government agency to formally adopt global principles and standards in internal auditing with the recent approval by Secretary Carlos Dominguez III…

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PCCI, DOF holding nationwide tax reform caravan

The Department of Finance (DOF), in partnership with the Participatory Governance Cluster-Open Government Partnership (PGC-OGP) led by the Departments of Budget and Management (DBM) and Interior and Local Government (DILG),…

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