The Department of Finance (DOF) was at the forefront of the Duterte administration's drive in the second half of 2016 to dramatically cut red tape in the bureaucracy in order…
With global oil prices down and expected by experts to remain low in the few years ahead, the government is losing an estimated P145 billion in potential annual revenues or…
The Duterte administration’s ambitious program to ramp up investments in infrastructure is meant not only to improve connectivity and boost economic productivity in the countryside, but also to develop the…
Nineteen former heads and deputy chiefs of the Department of Finance (DOF) and the National Economic and Development Authority (NEDA) have given their full support to the DOF’s comprehensive tax…
The board of directors of the Development Bank of the Philippines (DBP) electedWednesday (Jan. 4) former Land Bank of the Philippines (LandBank) officer-in-charge (OIC) Cecilia Borromeo as its president and…
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…
