The Department of Finance (DOF) has reported that the government’s recent changes to its corporate tax system have attracted $16.7 billion in investments. At the Philippine Economic Briefing in Dubai, Finance Secretary Benjamin E. Diokno said these investments include 45 major projects and 740...
Senate President Juan Miguel Zubiri believes that the country should use the furor among other nations caused by the release of China's 10-dash line in its new standard map to its own advantage by gathering allies in asserting sovereignty over the West Philippine Sea (WPS). Zubiri made...
The Philippine Coast Guard (PCG) has asked the Senate for a supplemental budget in adherence to the directive of President Marcos to have a sustained and continued presence in the West Philippine Sea (WPS). PCG Commandant Adm. Artemio Abu disclosed that the agency requires a supplemental budget of...
The government met with several potential investors in Doha, Qatar to discuss the country’s economic policies and projects. The Philippine economic team, led by Finance Secretary Benjamin E. Diokno held its first investor briefing in the Middle East with Philippine Dialogue: Economic Outlook and...
Finance Secretary Benjamin E. Diokno said the economic managers are standing behind President Marcos' decision to impose rice price ceilings, emphasizing it is a crucial step to fight non-competitive practices and promote a fair market environment. Diokno said the economic team recognized the...
Finance Secretary Benjamin Diokno has issued a call for responsible social media use among government officials and employees, highlighting the potential consequences of hasty online posts. Speaking from his experiences serving in multiple administrations, Diokno emphasized the importance of...
The economic team of President Marcos was caught off guard when the announcement of a price ceiling on rice was made public on Aug. 31, a Cabinet official confirmed. While in Tokyo for meetings with Japanese ministers, Finance Secretary Benjamin E. Diokno disclosed that the economic managers were...
The Department of Finance (DOF) said the government may lower rice tariffs once Congress adjourns by the end of this month. Finance Secretary Benjamin E. Diokno said the economic team recommended a temporary decrease in the current 35 percent rice import tariff rates to address the rising prices of...
The Department of Finance (DOF) said the government has requested tollway concessionaires and operators to waive the toll fee increase for trucks carrying agricultural goods. Finance Secretary Benjamin E. Diokno said that exempting trucks is one of the government's steps to address the high costs...
Finance Secretary Benjamin E. Diokno has expressed his endorsement of National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan as a strong contender for the role of Department of Agriculture (DA) chief. During last Friday's Chat with SBED, reporters floated the idea that...
The government will return unused loans from the World Bank and Asian Development Bank (ADB) that were intended for purchasing Covid-19 vaccines, the Department of Finance (DOF) said. Finance Secretary Benjamin E. Diokno said during the Chat with SBED briefing last Friday that the World Bank has...
The Department of Finance (DOF) reported that the Official Development Agriculture Sector (ODA) played a vital role in funding agricultural programs and projects during President Ferdinand Marcos Jr.'s first year in office. In a statement on Saturday, Sept. 9, Finance Secretary Benjamin E. Diokno...
