Finance Secretary Carlos Dominguez III has reiterated that on top of the existing funds under the 2021 national budget and the Bayanihan To Recover As One Act (Bayanihan 2), the…
The government will soon require cigarette manufacturers planning to set up shop in the country’s special economic zones (SEZs) to register with the Bureau of Internal Revenue (BIR) before they…
The Philippine Guarantee Corp. (PhilGuarantee) has increased the amount of loans it guaranteed for micro, small and medium enterprises (MSMEs) as of end-February this year by 360 percent to P952.5…
The Department of Finance (DOF) has clarified that the government budget for the procurement of COVID-19 vaccines remains at P82.5 billion, of which P70 billion will come from unprogrammed funds…
The Department of Finance (DOF) is backing a legislative measure that seeks to provide the Philippine Deposit Insurance Corp. (PDIC) the flexibility to adjust its maximum deposit insurance coverage based…
The Central Board of Assessment Appeals (CBAA) has resolved 26 cases appealed by local government units (LGUs) involving about P4.53 billion in combined real property taxes in 2020. In his…
Finance Secretary Carlos Dominguez III said Wednesday the Duterte administration’s steadfast resolve to undertake further reforms to rebuild a strong and inclusive economy--and set the stage for a “sustainable, greener…
Finance Secretary Carlos Dominguez III has thanked the Philippines’ multilateral partner-institutions for extending a total of US$1.2 billion in fresh loans to the government to help fund the country’s COVID-19…
Finance Secretary Carlos Dominguez III has said the Philippines’ share in the United Kingdom (UK)’s Cross-Government Prosperity Fund will be an “invaluable tool” that would help the country post a…
The Department of Finance (DOF) has expressed its full support for the congressional proposal to further deepen the domestic capital markets by building a sustainable corporate pension system that will…
