PHL working with ASEAN on disaster risk insurance scheme

The Philippines has teamed up with other member-states of the Association of Southeast Asian Nations (ASEAN) to improve catastrophic reinsurance initiatives that will help communities across the region recover faster…

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DOF seeks US assistance in setting up tax academy

The Department of Finance (DOF) is seeking a possible grant from the United States in establishing the Philippines’ first tax academy, which will serve as a training institution that will…

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Department of Finance “RIPS” up corruption anew

The Revenue Integrity Protection Service (RIPS), the anti-corruption unit of the Department of Finance (DOF), has been able to obtain orders imposing administrative sanctions against twenty (20) erring employees and…

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World Bank confirms assistance to PHL in rebuilding Marawi City

WASHINGTON DC—Citing its long-standing partnership with the Philippines, World Bank chief executive officer Kristalina Georgieva confirmed the institution’s commitment to work with the Philippine government in helping conflict-torn Marawi City…

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Dominguez to IMF: ASEAN moving closer to creating common market

WASHINGTON DC—Finance Secretary Carlos Dominguez III has cited the substantial progress made by the Association of Southeast Asian Nations (ASEAN) in moving closer to creating a common market for a…

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Dominguez welcomes favorable EITI decision on PHL

Finance Secretary Carlos Dominguez III has welcomed the announcement of the International Board of the Extractive Industries Transparency Initiative (EITI) declaring the Philippines as the first country to have successfully…

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