President Marcos Jr.’s chief economic manager is upbeat over government revenue collection in 2026, as the Bureau of Customs (BOC) moved to bolster its policy and intelligence-driven decision-making with the creation of a new strategic unit under the chief’s first order of the year. Department...
Finance Secretary Frederick D. Go assumed his seat on the Bangko Sentral ng Pilipinas’ (BSP) policy-making Monetary Board on Thursday, Jan. 8. Go, who was designated by President Ferdinand Marcos Jr. as the Cabinet representative to the board, was sworn in by BSP Governor Eli Remolona Jr. at the...
The government is moving to curtail the power of tax investigators to conduct audits, part of an aggressive push to curb bureaucratic overreach and improve the business climate for the private sector. Finance Secretary Frederick Go told reporters the Department of Finance (DOF) is “seriously”...
Malacañang disclosed that the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA), which was previously led by Finance Secretary Frederick Go, will be abolished. Palace Press Officer and Communications Undersecretary Claire Castro made the announcement...
Executive Secretary Ralph G. Recto is set to recommend his successor as the government’s representative on the powerful seven-member Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP), naming newly appointed Finance Secretary Frederick D. Go for the influential post. Recto, who...
Following the destructive typhoons that hit the Philippines, the national government is gearing up to tap half a billion dollars in climate funding from the Washington-based World Bank. According to the Department of Finance’s (DOF) Facebook post on Thursday, Nov. 20, the national government is...
President Marcos administered the oath of office of new Executive Secretary Ralph Recto and new Department of Finance (DOF) Secretary Frederick Go, formalizing key changes in his economic and administrative team. The two officials took their oaths at the Study Room in Malacañan on Wednesday, Nov....
The proposal to grant a one-month income tax holiday for workers must undergo a thorough review to determine whether it is doable or not, Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go said. Go said the proposal is "very new," so it should be...
Special Assistant to the President for Investment and Economic Affairs Frederick Go said President Marcos’ decisive anti-corruption initiatives and ongoing governance reforms have strengthened investor confidence, turning a short-term challenge into an opportunity for long-term growth. Go said...
Construction tycoon Francis Lloyd Chua has taken over the chair of the board of directors of Asiabest Group International Inc. and replaced the Japanese directors representing the Okada Group’s Tiger Resort Asia Ltd. This comes after Chua’s Premiumlands Corp. (PLC) acquired control over...
The government is looking to introduce new regulations, such as the introduction of a higher minimum bet and an entry levy, to tighten access to online gambling. Amid continued calls against online gambling, Special Assistant to the President for Investment and Economic Affairs Secretary Frederick...
Malacañang has assured the public that the government did not offer Philippine agricultural products as concessions in the “still ongoing” negotiations with the United States to lower tariffs on local exports. Special Assistant to the President for Investment and Economic Affairs Secretary...
