Security Bank Corporation’s consumer finance arm SB Finance Corporation (SBF) has launched a car title loan that provides vehicle owners quick access to cash in exchange for their car’s OR/CR (Official Receipt and Certificate of Registration). In a statement, the bank said Car4Cash will allow...
The Department of Finance (DOF) thanked the Japanese government for its funding assistance extended to the Philippines that supported its coronavirus response efforts, especially in providing emergency assistance to vulnerable sectors. In a statement, Finance Secretary Carlos G. Dominguez III said...
The Department of Finance (DOF) expects revenues from real property tax (RPT) would accelerate as local government units (LGUs) enhance their digital tools to strengthen local property valuation and tax collections. In a statement, Finance Secretary Carlos G. Dominguez III said on Tuesday, June 22,...
The government must obligate the P173-billion from Bayanihan to Recover as One Act or Bayanihan 2 before the law expires on June 30, Senator Francis “Kiko” Pangilinan said on Sunday, June 20. Pangilinan said the government should ramp up its COVID-19 vaccination program using the funds under...
The Department of Finance (DOF) assured that the national government will to assist local airliners reeling from the prolonged coronavirus pandemic. Amid mounting financial losses of airlines due to COVID-19 headwinds, Finance Secretary Carlos G. Dominguez III said that two state-run lenders have...
The Department of Finance (DOF) is hopeful that the inoculation drive for economic front-liners would help hasten the easing of quarantine restrictions and generate more jobs. Finance Undersecretary Gil S. Beltran said on Thursday, June 17, that the vaccination of the A4 priority group is a welcome...
President Duterte’s chief economic manager said that additional stimulus spending for this year, if there would be any, will not be funded by borrowings. Citing “the President's policy of prudent fiscal management,” Finance Secretary Carlos G. Dominguez III said the executive department would...
Senator Sonny Angara on Wednesday, June 16 said the Senate Committee on Finance will start deliberations on the proposed Bayanihan 3 bill once Congress resumes sessions in July. Angara, chairman of the Senate finance panel, said July would be the best time to tackle the measure as the Bayanihan to...
The Department of Finance (DOF) said the newly formed committee tasked to streamline trade processes and modernize major customs operations will be beneficial to micro, small and medium enterprises (MSMEs). Finance Secretary Carlos G. Dominguez III said the Philippine Trade Facilitation Committee...
President Duterte’s chief economic manager justified the multi-trillion peso borrowings for the year, citing the national government needed to rely on financing to the bridge the widening gap between revenues and expenditures. Finance Secretary Carlos G. Dominguez III said on Tuesday, June 15,...
Despite being behind other regional economies in terms of recovery from the malaise of the global pandemic, the government’s chief economic manager assured that the country can bounce back stronger due to sound economic fundamentals. Finance Secretary Carlos G. Dominguez III said on Tuesday, June...
Around P20 billion will be set aside by the government to procure additional coronavirus vaccines for the country's young population. Finance Secretary Carlos Dominguez III gives updates to President Rodrigo Duterte during a meeting with the Inter-Agency Task Force on the Emerging Infectious...
