World Bank estimates show that leakages from the value-added tax (VAT) exemptions for seniors could reach close to P10 billion this year, which is why the Department of Finance (DOF)…
The International Monetary Fund (IMF) has cited President Duterte’s 10-point socioeconomic agenda to promote inclusive growth and reduce poverty incidence from the current 26 percent to 17 percent over the…
The Commission on Appointments today confirmed the ad interim appointment of Carlos Dominguez III as Secretary of Finance. Senator Francis Pangilinan, who chairs the CA committee on finance, recommended the…
Foreign funds leaving the stocks listed on the Philippine Stock Exchange (PSE) have slowed down since the first week of September as the economy remains fundamentally strong, the Department of…
Finance Secretary Carlos Dominguez III has approved a Customs Administrative Order (CAO) that raises the tax - exemption value of small importations from the current P10 to P10,000. Under the…
Top fund manager Mark Mobius said economic risks remain “benign” in emerging Asian markets, including the Philippines, where he believes the assumption to office of President Rodrigo Duterte would be…
An overwhelming majority of Filipinos are apparently oblivious to the undue political noise and are appreciative of President Rodrigo Duterte’s resolute efforts in his first three months in office to…
The moderate rate of increase in consumer prices in September was a result of base effects, the Department of Finance (DOF) said. Based on the DOF economic bulletin dated Oct.…
Hitting the ground running, the DOF under Finance Secretary Carlos Dominguez III has initiated in the first 100 days of the new government a broad range of initiatives to help…
WASHINGTON DC—The Philippines’ “unremitting” war against illegal drugs is but a part of a larger effort by President Duterte to assert the rule of law, break the stranglehold of organized…
