Gov’t working double-time to make PHL more attractive to investors–Dominguez

SHANGHAI—Finance Secretary Carlos Dominguez III has cited the government’s continuing efforts to open the economy to foreign participation, the country’s political stability and its young, dynamic workforce as among the…

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PHL to invest heavily in training young workforce

Finance Secretary Carlos Dominguez III said the Duterte administration is investing heavily in human capital development to train its young, talented workforce and capitalize on the Philippines’ “demographic sweet spot,”…

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PHL fully backing AIIB, Belt and Road Initiative

SHANGHAI—Finance Secretary Carlos Dominguez III has assured China of the Philippines’ full cooperation with the Asian Infrastructure Investment Bank (AIIB) and the Belt and Road program, both of which, he…

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Former DOF execs ask Senate to preserve TRAIN’s original revenue goal

Former high-ranking officials of the Department of Finance (DOF) have appealed to the Senate to preserve the revenue requirements under the Duterte administration’s Tax Reform for Acceleration and Inclusion Act…

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PHL, China cite need to prioritize 8 projects for speedy implementation

BEIJING—Philippine and Chinese officials cited Wednesday the efforts by the two countries to further streamline and expedite the approval process on the first “basket” of infrastructure projects, which initially prioritizes…

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AmCham joins biz community support for tax reform

The American Chamber of Commerce of the Philippines (AmCham) has joined the long list of prominent organizations from various sectors that have expressed their support for the proposed Tax Reform…

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TRAIN needed for PHL to join elite club of high-income economies

Finance Secretary Carlos Dominguez III said Thursday night the Philippines has reached the "make-or-break point" in its economic emergence, with the Comprehensive Tax Reform Program (CTRP) being pushed by the…

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Economic team heading to China Wednesday for PHL economic briefing

A Cabinet-level delegation led by Finance Secretary Carlos Dominguez III and other members of the economic team will visit China on September 27-29 to pitch the Philippines' planned renminbi-dominated Panda…

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