The Department of Finance (DOF) is exploring a number of projects, including the first urban car cable system in the country, for possible funding by France. In a statement released on Friday, June 4, the DOF said that Finance Secretary Carlos G. Dominguez III and French Ambassador to the...
The Philippines' chief economic manager said the domestic economy should quickly adapt digitalization to remain viable, otherwise "drown in its wake." At virtual groundbreaking ceremonies of Union Bank of the Philippines Innovation Campus, Finance Secretary Carlos G. Dominguez III saiid that the...
The reforms initiated by the government to deepen the local capital markets will ensure the economy to emerge stronger and more resilient in the aftermath of the prolonged pandemic, the Duterte administration’s chief economic manager said. Finance Secretary Carlos Dominguez III said the proposed...
The Department of Finance (DOF) has begun looking for funds for the inoculation program for young teens and for the probable need for a booster vaccination next year. Finance Secretary Carlos G. Dominguez III said on Thursday, May 13, that the government would need around P20 billion for...
Finance Secretary Carlos G. Dominguez III called for the just and equitable distribution of coronavirus vaccines to ensure the access of lower-income and developing countries to life-saving medical interventions amid the prolonged pandemic. At the recent 54th Annual Meeting of the Asian...
After weeks of disagreement on pork imports, the Senate and the President’s economic team, led by Finance Secretary Carlos Dominguez III, decided to lower the import tariff cut proposed under Executive Order (EO) 128 and adjust the volume of pork imports allowed to enter the Philippines under...
75 YEARS OF PH-US RELATIONS The US government has committed to continue extending economic assistance to the its ally the Philippines in the form of grants for infrastructure projects, investment insurance coverage, technical and sustainability assistance as both countries marked their 75...
As House lawmakers finalize the third coronavirus relief package, the Duterte administration’s chief economic manager said the government is not relaying too much on stimulus programs in reviving the local economy. Speaking before senior executives of American and Philippine companies on...
The extended enhanced community quarantine (ECQ) in Metro Manila and nearly provinces will push more than 100,000 additional Filipinos into poverty as these stringent lockdowns are seen take a heavier toll on the economy, jobs and household income. Finance Secretary Carlos G. Dominguez III and...
The Indian government has extended $50,000 worth of assistance to the Philippines' corn sector and has even initiated a bilateral exchange on agricultural technology with the Philippine government. Photo by Gaspar Uhas on Unsplash During the general membership meeting of the Philippine...
Finance Secretary Carlos G. Dominguez III said the "prompt and substantial" financing extended by the Philippines’ multilateral partners for its vaccination program will help accomplish the government’s target of herd immunity. Finance Secretary Carlos G. Dominguez III...
Finance Secretary Carlos G. Dominguez III expects the Home Development Mutual Fund, commonly known as PAG-IBIG Fund, will further boost its efforts in closing the housing gap and spur domestic activity as the government rolls out its recovery program this year. During the presentation on...
