Purisima: Good governance set off a virtuous cycle towards inclusive and sustainable growth The Board of Directors of Millennium Challenge Corporation (MCC), an independent agency of the U.S. government, at…
“The Department of Finance (DOF) has finished 2014 strong,” DOF Chief Economist and Undersecretary Gil Beltran of the Policy Development and Management Services Group concluded at the DOF year-end performance…
Top supplier of online shopping sites in hot water Joint inter-agency government operatives raided a warehouse of a top online shop supplier in Binondo, Manila and seized various counterfeit smartphones,…
Documents show luxury cars were declared as ‘plywood’ and ‘truck parts’ The Bureau of Customs' fight against corruption within its ranks scored another major victory as Deputy Collector Anicento Sanchez,…
Following its announcement of the results of its 18-month study of the money flow between government and the extractive industries, in which the participant oil, gas and metallic mining companies…
The Office of the Ombudsman dismissed the cases filed by suspected illegal rice importer Bold Bidder Marketing and General Merchandise against top officials of the Bureau of Customs, led by…
Delivered by Undersecretary Gil Beltran during the Year-End Celebration at the Department of Finance, 15 December 2014 The year 2014 is ending; once again, we are faced with a new…
Purisima: We welcome the upgrade, but we are still a notch underrated The Department of Finance welcomed news of Moody's upgrading the Philippines' credit rating from Baa3 to Baa2 by…
Credit rater cites continued favorable growth prospects relative to peers The Philippines secured another credit-rating upgrade from Moody’s Investors Service, which recognized the country’s declining debt burden, favorable growth prospects…
All valid insured deposit claims will be paid The Monetary Board (MB) placed the Rural Bank of Burauen (Leyte), Inc. under the receivership of the Philippine Deposit Insurance Corporation (PDIC)…
