The Department of Finance (DOF) expects the rate of increase in consumer prices to remain favorable this year after inflation dipped to its lowest level in almost three decades in…
PHL strong fundamentals to keep interest rates low—DOF The Philippines would continue to enjoy low interest rates for so long as the country’s macroeconomic fundamentals are kept intact, the Department…
A two-year moratorium on land conversion would undermine the country’s growth momentum while an across-the-board pension increase for Social Security System (SSS) retirees minus a corresponding hike in member contributions…
The government of Singapore has expressed interest in further increasing its investments in the Philippines, as well as adding more flights to Manila in anticipation of increased demand in air…
The Department of Finance (DOF) completed in less than 90 days into the Duterte administration last year the first package of its proposed comprehensive tax reform program (CTRP) envisioned to…
The Bureau of Customs (BOC) based at the Ninoy Aquino International Airport intensified its efforts in the last two quarters of 2016 to help protect the country from the drug…
The Department of Finance (DOF) made considerable headway in 2016 in crafting rules and regulations modernizing the country’s customs operations, as well as in resolving contentious issues that have long…
The Department of Finance (DOF) has so far taken punitive action against 14 officials and employees under its supervision and introduced reforms in the electronic reporting system for treasurers of…
Finance Secretary Carlos Dominguez III said the Duterte administration’s move to increase borrowings from the domestic debt market next year won’t crowd out micro and small enterprises, as a new…
Finance Secretary Carlos Dominguez III said the Duterte administration will look "closely" at the Regional Comprehensive Economic Partnership (RCEP), given its new policy of moving the country swiftly towards economic…
