Finance Secretary Carlos Dominguez III said Friday the Philippines and Singapore should tap each other’s strengths and explore opportunities for cooperation in developing new digital tools and technologies to take…
Finance Secretary Carlos Dominguez III said Friday the World Bank (WB)-funded modernization project of the Bureau of Customs (BOC) is a major step toward fulfilling the Duterte administration’s goal of…
The National Power Corp. (Napocor) and the National Transmission Corp. (Transco) are targeting to add 45.31 megawatts of power capacity, 71.3 circuit kilometers (km) of transmission lines and build 45.0…
The reforms initiated by the Duterte administration to fix the flawed regulatory framework under the over decade-old Real Estate Investment Trust (REIT) Act has cleared the way for this “powerful…
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…
