Bond offers ‘successful’ in first 5 months of Duterte presidency

Retail and treasury bond offerings in the first five months of the Duterte administration have been “generally successful” so far despite market jitters triggered by external factors, such as the…

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Dominguez swears in new Assistant Secretary, 14 other DOF officials

Finance Secretary Carlos Dominguez III swore into office last week Department of Finance spokesperson Paola Alvarez as Assistant Secretary, along 14 other DOF officials. A spokesperson for the Partido Demokratikong…

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DOF urges Congress to let sin tax law ‘run its course’

Finance Secretary Carlos Dominguez III has urged the congressional oversight committee on the Sin Tax Reform Act to start reviewing the revenue and health impact of the tax rates mandated…

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PHL Pakistan execs pledge to enhance eco cooperation

Manila and Islamabad executives have pledged to work on broadening and diversifying economic between the Philippines and Pakistan, with both sides expressing interest in enhancing cooperation in the fields of…

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P8-T needed to fill infra backlog

The Duterte administration needs at least P8 trillion to close the infrastructure gap over the next six years, and it is the job of the Department of Finance (DOF) to…

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Duterte admin may pay for more “sins of the past”

The Department of Finance (DOF) is bracing for the likelihood of unprogrammed payments to private companies that have in the past dragged the government into court to collect tens of…

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PHL seeks more exports to Spain

DAVAO City--Bilateral trade between Manila and Madrid now stands at $600 million with the balance in favor of the latter, which is why the Duterte administration is seeking to increase…

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Gov’t debt ratio improves in September

The share of debt to the country’s economy slid further as of September this year as the gross domestic product (GDP) continued to grow faster than government liabilities, latest data…

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BOC takes cudgels for customs personnel still awaiting overtime pay

The new leadership at the Bureau of Customs has continued the persistent efforts made by its predecessors in calling the attention of Philippine Airlines (PAL) and Cebu Pacific (Cebu Pac)…

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