The Department of Finance (DOF) has issued revenue regulations that streamlined the availment of tax incentives for education to spur private sector investments in human capital development. “By prioritizing education,…

The Department of Finance (DOF) is strengthening the role of the Inter-Agency Technical Working Group on Sustainable Finance (ITSF) in the development of sustainable finance policies as it unveils its…

The Department of Finance (DOF), through the Bureau of the Treasury (BTr), has collaborated on an asset management initiative with the Department of Science and Technology (DOST) to better safeguard…

Finance Secretary Ralph G. Recto underscored that the country’s robust labor market in February 2025 signals stronger domestic demand ahead, which bodes well for shielding the Philippine economy from global…

President Ferdinand R. Marcos, Jr., together with Finance Secretary Ralph G. Recto, led the condemnation of PHP 3.26 billion-worth of electronic vapes, vape parts, and accessories seized and forfeited by…

Finance Secretary Ralph G. Recto welcomed the sharp drop in headline inflation to 1.8% in March 2025—the lowest level recorded since the pandemic—while reaffirming the government’s commitment to remaining vigilant…

Finance Secretary Ralph G. Recto has underscored that the Philippine economy remains relatively resilient amid global trade shifts, with the government leveraging the Corporate Recovery and Tax Incentives for Enterprises…

Finance Secretary Ralph G. Recto defended the national government’s move to implement Congress’ mandate to redirect the Philippine Health Insurance Corporation’s (PhilHealth) excess and idle funds to critical health and…

Finance Secretary Ralph G. Recto defended the national government’s move to implement Congress’ mandate to redirect the government-owned and controlled corporations’ (GOCC) excess and idle funds to critical health and…

The Philippines is now value-added tax (VAT) -free for foreign tourists with the recent signing of the implementing rules and regulations (IRR) for Republic Act No. 12079, or the VAT…