The Department of Finance (DOF) said that China’s heightened crackdown on online gambling is the one forcing Philippine offshore gaming operations (POGO) to close shop, and not the government’s new tax measures. Finance Secretary Carlos G. Dominguez III said the exodus of Chinese-run online...
President Duterte’s chief economic manager suggested that the next administration should continue in subsidizing people’s subsequent booster doses of the coronavirus vaccine to ensure the country’s economic recovery. With more COVID-19 booster shots on the horizon, Finance Secretary Carlos G....
As oil prices continue to rise, the political opposition called on government to buy back Petron as part of the effort to control the runaway prices. Gasoline pump picture House Deputy Minority leader and Bayan Muna Rep. Carlos Isagani Zarate and Makabayan senatorial bet and Bayan Muna chairman...
The government on Friday, Oct. 8, listed its first onshore retail dollar bonds (RDBs) in the Philippine Dealing and Exchange Corp. (PDEX), bringing closer to fulfilling its twin goals of deepening the domestic capital markets and broadening financial inclusion. During the listing, Finance Secretary...
House Deputy Minority leader and Bayan Muna Rep. Carlos Isagani Zarate and Bayan Muna Chairman Neri Colmenares on Wednesday, Oct. 6 sought an immediate investigation into the alleged “hijacking” of emergency alerts frequency which was used for a campaign message for the presidential bid of...
The Duterte administration is negotiating with the country’s development partners to fund the procurement of booster doses for the coronavirus vaccination next year, the Department of Finance (DOF) said. Finance Secretary Carlos G. Dominguez III said on late Tuesday, Oct. 5, that the government...
The national government is looking at including additional programs in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) under the proposed 2023 national budget, the Department of Finance (DOF) said. During a recent Intergovernmental Relations Body (IGRB) meeting, key officials of the...
Puerto Rican boxer Carlos Caraballo will put his unbeaten record at stake when he faces former world title challenger Jonas Sultan in a 10-rounder bantamweight bout on October 30 at the Madison Square Garden in New York City. Jonas Sultan works ​out with the double-end speedball after a...
The Bureau of Customs has donated mobile phones, laptops, educational materials and other seized goods to the Department of Education (DepEd) and other government agencies. Bureau of Customs (Photo from BOC Port of NAIA Facebook page) In a report to Finance Secretary Carlos G. Dominguez III,...
The Department of Finance (DOF) has asked the management of the state-run Philippine Crop Insurance Corp. (PCIC) to submit the detailed financial status and computation of its contingent liabilities. PCIC Chairman Carlos Dominguez In a statement, Finance Secretary Carlos G. Dominguez III said he...
Small investors who were looking for a low-risk, accessible and higher-yielding investment swamped the government’s first onshore issue of retail dollar bonds, the Bureau of the Treasury announced. Based on a report submitted by National Treasurer Rosalia V. de Leon to Finance Secretary Carlos G....
The Department of Finance (DOF) is demanding rich countries to fulfill their pledge of providing the massive financing needed to reverse the devastating effects of climate change. During the Ministerial Dialogue of the Climate Vulnerable Forum (CVF), Finance Secretary Carlos G. Dominguez III has...
