The Department of Finance (DOF) is set to steer the Development Bank of the Philippines (DBP) to greater financial stability as Chairperson of the Board, boosting its strength to become…

The Philippines and Cambodia have signed a double taxation agreement (DTA) to boost business confidence, increase trade, and spur economic growth between the two nations. The DTA was signed for…

Finance Secretary Ralph G. Recto welcomed the unprecedented progress in the Philippines’ labor market in 2024, with the full-year average unemployment rate at its lowest level of 3.8% since the…

Finance Secretary Ralph G. Recto highlighted that the low and steady inflation rate of 2.9% in January 2025 gives the Bangko Sentral ng Pilipinas (BSP) room to cut its policy…

OPENING STATEMENT Hon. Menardo I. Guevarra Solicitor General 04 February 2025 Good afternoon, Your Honors. Good afternoon to everyone in this Session Hall and everyone else listening in. I would…

Government Corporate Counsel Solomon M. Hermosura has defended the Philippine Health Insurance Corporation’s (PhilHealth) transfer of its excess funds to the National Treasury, arguing that it was lawful, does not…

Solicitor General Menardo I. Guevarra has defended before the Supreme Court the legality and necessity of Special Provision 1(d) of the General Appropriations Act (GAA) of 2024 and the Department…

The executive and legislative branches of government are set to appear before the Supreme Court on February 4, 2025 for oral arguments to shed light on the just cause behind…

The Philippine economy has maintained a steady gross domestic product (GDP) growth of 5.6% in 2024—the second fastest in ASEAN—despite multiple challenges. The outlook for 2025 also remains bullish, fueled…

The Philippines convened a high-level business dialogue with Dutch investors in the Netherlands on January 27, 2025 to showcase the nation’s promising growth potential and pro-investment reforms to attract more…