Record-high consumer outlook shows strong public trust in PRRD

The all-time high consumer outlook at the onset of the new administration best illustrates the remarkably high level of public trust and confidence in President Duterte to deliver on his…

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Gov’t helping more senior citizens, says Dominguez

Finance Secretary Carlos Dominguez III said that needy senior citizens are getting financial assistance under the Malacañang-proposed 2017 national budget of P3.35 trillion, as he stressed that the 20 percent…

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DOF reiterates Gov’t openness to unsolicited proposals for PPP

The Department of Finance (DOF) is considering the policy of tapping unsolicited proposals from the private sector to help jumpstart the execution of capital-intensive infrastructure projects that create jobs and…

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PHL’s low tax efficiency requires reforms

The Philippines’ low tax-efficiency rate compared to those of other Southeast Asian economies highlights the need to reconfigure its revenue-generation system through reforms in tax policy and administration. Department of…

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GCG scuttles LandBank-DBP merger

The oversight body for government-owned or -controlled corporations (GOCCs) has abandoned a plan by the previous administration to merge the Land Bank of the Philippines (LandBank) and the Development Bank…

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Duterte admin on right track to attract FDIs

The Duterte administration is focused on stepping up measures to make the Philippines a magnet for foreign direct investments (FDIs) as the linchpin of its 10-point socioeconomic agenda to sustain…

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DOF, Chinese embassy agree to intensify ties in 5 areas of cooperation

Finance Secretary Carlos Dominguez III and Chinese ambassador to Manila Zhao Jianhua have agreed to revitalize Philippine-China relations in five vital areas of cooperation, including currency swap arrangements, agricultural trade,…

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