The Department of Finance (DOF) has urged Saudi business leaders to consider Islamic banking and finance initiatives in the Philippines, given its favorable regulatory environment. During a roundtable meeting with potential investors in Riyadh, Saudi Arabia, Finance Secretary Benjamin E....
President Marcos’ chief economic manager has assured Saudi business leaders that the Maharlika Investment Fund (MIF) is a safe investment, despite the controversies surrounding it. During a roundtable meeting with potential investors in Riyadh, Saudi Arabia, Finance Secretary Benjamin E....
Senator Christopher “Bong” Go has expressed his full support to Vice President and Education Secretary Sara Duterte, as he trumpeted her integrity as a public servant and her proper use of public funds for the people. Go made the remark just after Duterte, for the second time, addressed the...
Finance Secretary Benjamin E. Diokno said that despite the temporary suspension of its implementing rules, the Marcos administration will continue to seek investments from Saudi Arabia for the Maharlika Investment Fund (MIF). Diokno, who is part of President Marcos' official delegation to Riyadh,...
One of President's economic managers said the Marcos administration will carefully review every provision in the implementing rules and regulations (IRR) of the Maharlika Investment Fund (MIF) Act. Budget Secretary Amenah F. Pangandaman said on Thursday, Oct. 19, that the economic managers align...
The Department of Finance (DOF) said the Marcos administration is determined to fuel the country’s growth momentum by building a policy environment that is conducive to sustainable digital finance. In a statement on Thursday, Oct. 19, Finance Secretary Benjamin E. Diokno said the government is...
DSWD Secretary Rex Gatchalian (File photo from the Presidential Communications Office) Department of Social Welfare and Development (DSWD) Secretary Rex Gatchalian highlighted the establishment of parallel supply chains as a new disaster preparedness initiative to ensure the seamless provision of...
Defense Secretary Gilberto Teodoro Jr. (Courtesy of Teodoro / Instagram) Department of National Defense (DND) Secretary Gilberto "Gibo" Teodoro Jr. finally broke his silence over a billboard featuring his no holds barred criticism against China's activities in the West Philippine Sea (WPS). The...
The International Finance Corporation (IFC), which serves as the World Bank Group’s (WBG) private sector investment arm, lauded the Philippines’ new and improved policy framework for public-private partnerships (PPPs). In a meeting with Finance Secretary Benjamin E. Diokno, IFC Regional Vice...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. On Oct. 5, our nation joined the international community in observing World Teacher's Day, the culmination of our National Teacher's Month celebration. The global theme, “The teachers we need for the education we want: The global...
The Philippines clinched for the first time the title of Asia's Best Cruise Destination 2023 at the World Cruise Awards in Dubai, United Arab Emirates. Tourism Secretary Christina Garcia Frasco said the award is a "big win for Philippine tourism as it reflects a resounding global preference for our...
The International Monetary Fund (IMF), through its Fiscal Division, commended the Philippines for proactively improving its Public Financial Management (PFM) systems through digital transformation. During one of the sessions of the IMF-World Bank (WB) Annual Meeting in Marrakesh, Morocco, IMF...
