Critics told to work on repeal of laws allowing mining in PHL

Finance Secretary Carlos Dominguez III said that those who have a beef with the country's laws that allow mining should do themselves a favor by working on having them repealed…

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Gov’t to hold Luzonwide dialogue on tax reform

The Departments of Finance (DOF) and of Budget and Management (DBM) will hold a Luzon-wide dialogue on the Comprehensive Tax Reform Program (CTRP) this Thursday (May 18) at the Philippine…

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Japan urged to back higher IDLP in ASEAN regional currency swap plan

Finance Secretary Carlos Dominguez III has asked Japan to back an Association of Southeast Asian Nations (ASEAN) proposal to raise the International Monetary Fund (IMF)'s de-linked portion (IDLP) for its…

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DOF welcomes final House committee approval of pro-poor tax reform bill

The Department of Finance (DOF) welcomed Monday the final approval by the House ways and means committee of the substitute bill containing the first package of the Duterte administration’s Comprehensive…

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Dominguez wants investment banks to fund hybrid PPPs

Finance Secretary Carlos Dominguez III said investments banks such as Nomura may explore opportunities in the Philippines’ planned P8.4 trillion infrastructure buildup by taking part in the country’s new “hybrid”…

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Economic managers say weaker peso has benefits for PHL

The government’s economic managers have said that the weaker peso should not worry Filipinos as this would even translate into higher tax revenue and additional monetary benefits for overseas Filipinos…

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Mitsubishi Bank backs PHL infra buildup

One of the world’s largest private financial institutions has expressed its support for the Philippines’ development agenda, particularly in the Duterte administration’s unprecedented infrastructure program. In a meeting here with…

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PHL, Japan officials firm up Tokyo infra commitments

Philippine officials and their Japanese counterparts have met in Yokohama, Japan on the sidelines of the recent 50th Annual Meeting of the Asian Development Bank (ADB) to firm up commitments…

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Dominguez bats for strong governance in extractive industries

A strong governance framework for the extractive industries, not an "arbitrary" ban on this sector, will let the country "get the best of both worlds," which is creating wealth for…

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