P30-B haul from Mighty tops DOF drive vs tax fraud

The Department of Finance (DOF) made history in 2017 by collecting from cigarette manufacturer Mighty Corporation a total of P30 billion, the biggest sum on record raised by the government…

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PHL economy to grow faster in 2018–Dominguez

Finance Secretary Carlos Dominguez III expects the economy to expand faster this year now that the Duterte administration’s programs to modernize public infrastructure and sustain the growth momentum have started…

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“Build, Build, Build” to roll out 75 projects worth $35.5-B

The Department of Finance ((DOF) has assured the public of the financial sustainability of the Duterte administration’s ambitious “Build, Build, Build” program that is designed to modernize the country’s infrastructure…

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Japan offers scholarships to Filipinos

The Knowledge Co-Creation Program (KCCP) of the Japan International Cooperation Agency (JICA) is now offering Master’s and Doctorate degree scholarships in seven universities in Japan. The qualified applicants are entitled…

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PSE’s non-compliance with law slows down capital market dev’t

Finance Secretary Carlos Dominguez said Friday the Duterte administration will no longer tolerate the actions of private institutions in thwarting the government’s goal of attaining a robust and inclusive financial…

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OFB to unlock investment opportunities for overseas Filipinos

Finance Secretary Carlos Dominguez III said the fulfillment of the 2016 campaign promise of President Duterte to establish the first-ever bank dedicated to the needs of overseas-based Filipinos will help…

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DOF steps up anti-graft drive in 2017

The Department of Finance (DOF) started investigating a total of 104 cases against suspected erring officials and employees under its jurisdiction in 2017, with several of them either dismissed or…

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