The Philippine Extractive Industries Transparency Initiative (PH-EITI) wants to strengthen the country’s good governance policy in managing its oil, gas and mineral resources. PH-EITI said after the Multi-Stakeholder Group (MSG) held its first meeting riday, Sept. 16, two weeks after the country...
President Marcos’ economic managers were pursuing more foreign investments from the US, trumpeting the country's sound macroeconomic fundamentals, the government’s clear roadmap for economic recovery, and sustainable growth. At the first Philippine Economic Briefing (PEB) in North America late...
Economic managers expressed gratitude to Congress for supporting the Marcos administration's medium-term fiscal blueprint that aims to steer the economy back to its high-growth trajectory. Finance Secretary Benjamin E. Diokno and Budget Secretary Amenah F. Pangandaman said on Tuesday, Sept. 20,...
The Department of Finance (DOF) said the Marcos administration is committed to fiscal prudence to fund government programs and meet its obligations with creditors. Finance SecretaryBenjamin E. Diokno said Tuesday, Sept. 20, that the government welcomed the decision of Moody’s Investors Service...
The Philippine government and the German development agency sealed a technical assistance grant to make climate information accessible to the public, the Department of Finance (DOF) announced. In a statement, the DOF said that Manila and Deutsche Gesellschaft für Internationale Zusammenarbeit...
Information Technology and Business Processing Outsourcing (IT-BPO) enterprises registered with the Philippine Economic Zone Authority (PEZA) need to transfer to the Board of Investments (BOI) to retain their tax incentives and continue their work from home (WFH) arrangement, the Department of...
The Department of Finance (DOF) has emphasized that sustainable finance plays a critical role in driving the country’s shift to climate change adaptation and mitigation practices. At a virtual forum organized by sustainability media and business intelligence-firm Eco-Business, Finance Secretary...
The Department of Finance (DOF) has urged franchisers to digitalize their core business processes to remain viable and competitive amid an unpredictable global business climate. In a statement, Finance Secretary Benjamin E. Diokno said franchisers should lead the charge in transforming the...
Diokno extends IT-BPM's WFH setup By Chino S. Leyco The Department of Finance (DOF) has extended the work-from-home (WFH) arrangement of the Information Technology and Business Process Management (IT-BPM) enterprises until further notice. In a statement on Friday, Sept. 9, Finance Secretary...
The Department of Finance (DOF) said the Marcos administration is committed to establish a more business-friendly environment to encourage foreign investors to do business in the Philippines. During the Philippine Economic Briefing in Singapore, Finance Secretary Benjamin E. Diokno reaffirmed the...
The Marcos administration wants to rejoin the Extractive Industries Transparency Initiative (EITI) months after the previous administration withdrew the country's participation. In a statement, Finance Secretary Benjamin E. Diokno said on Friday, Sep. 9, that President Marcos wants to demonstrate...
Filipino employers said registered business enterprises (RBEs) of the Philippine Economic Zone Authority (PEZA) should follow the law governing the availment of tax incentives amid pronouncement by the IT Business Process Association of the Philippines (IBPAP) that removing tax incentives of PEZA...
