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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Dominguez urges business grads to become servant-leaders

Finance Secretary Carlos Dominguez III has challenged fresh ​business graduates to become “servant-leaders” by helping impoverished communities develop micro and small enterprises that will serve as catalysts for growth and…

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Lapeña bares 5-point reform plan for BOC

Commissioner Isidro Lapeña of the Bureau of Customs (BOC) has vowed to eliminate the “tara” system, increase revenue collections, and strengthen the government’s anti-smuggling efforts while improving the incentives and…

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PRRD eco team to brief US execs on PHL business prospects

Finance Secretary Carlos Dominguez III and other members of the economic team will head to New York City this week to hold the fourth overseas Philippine Economic Briefing with leaders…

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P64.5-B investment in energy sector ‘vote of confidence’ in PHL economy

The largest voluntary tender offer in the country’s financial history represented by the P64.5 billion deal between the Philippines’ Energy Development Corporation (EDC) and a consortium of foreign investors led…

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P64.5-B investment in energy sector ‘vote of confidence’ in PHL economy

The largest voluntary tender offer in the country’s financial history represented by the P64.5 billion deal between the Philippines’ Energy Development Corporation (EDC) and a consortium of foreign investors led…

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DOF wants Landbank, GSIS to refinance public teachers’ loans

Finance Secretary Carlos Dominguez III called on the Land Bank of the Philippines and the Government Service Insurance System (GSIS) to work out an easy-to-pay, low-interest refinancing program for loans…

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Gov’t working double-time to make PHL more attractive to investors–Dominguez

SHANGHAI—Finance Secretary Carlos Dominguez III has cited the government’s continuing efforts to open the economy to foreign participation, the country’s political stability and its young, dynamic workforce as among the…

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PHL to invest heavily in training young workforce

Finance Secretary Carlos Dominguez III said the Duterte administration is investing heavily in human capital development to train its young, talented workforce and capitalize on the Philippines’ “demographic sweet spot,”…

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