Dominguez seeks congressional OK of 2nd tax reform package

Finance Secretary Carlos Dominguez III has called on lawmakers to proceed with approving the Duterte administration’s proposed reforms on corporate taxation and the modernization of investment incentives as he allayed…

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DOF eyeing 3 rural banking reforms to widen financial inclusion

DAVAO CITY—The Department of Finance (DOF) is pushing a trio of initiatives to enable the rural banking system to meet the challenge of reducing the number of unbanked Filipinos in…

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Inflation manageable with TRAIN, says DOF chief economist

The moderate rise in inflation is only “temporary” and remains manageable under a robust economy even with the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law, which…

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PHL seeking ASEAN disaster risk management database vs climate change

The Philippines is urging its fellow member-states in the Association of Southeast Asian Nations (ASEAN) to build a region-wide database on disaster risk management to facilitate the sharing of information…

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Dominguez lauds support of development partners in PHL infra buildup

Finance Secretary Carlos Dominguez III has recognized the invaluable support provided by the Philippines' development partners in the region in jumpstarting the government's infrastructure modernization program, which, he said, is…

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Lambino is new DOF Asec

Secretary Carlos Dominguez III has sworn into office Antonio Joselito Lambino II as the new assistant secretary of the Strategy, Economics, and Results Group (SERG) of the Department of Finance…

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Japan formalizes 2-billion yen grant for Marawi rehab

Manila and Tokyo signed today (May 15, 2018) an agreement that would provide the Philippine government with a 2-billion yen grant from Japan to support ongoing efforts for the reconstruction…

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PHL on track to attain economic inclusion

Finance Secretary Carlos Dominguez III has assured the public that the government is on track to achieving its targets for high growth and economic inclusion as it continues to enjoy…

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OPEC institution offers funding for “Build, Build, Build” projects

A financial institution established by the Organization of Petroleum Exporting Countries (OPEC) to help reduce poverty in developing countries has offered its assistance to the Philippines in funding the Duterte…

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