President Duterte’s economic managers will meet this week with the foreign chambers of commerce to tackle the country’s recovery initiatives and present their investment priority sectors. The economic team led by the Department of Finance (DOF) and the Bangko Sentral ng Pilipinas (BSP) will...
"This is my way of showing them what I love and helping them to an extent." When Heart Evangelista posted in her Instagram stories about something she’s cooking up, we knew we had to get more details before the official launch on November 24. “Because being a better version of yourself...
The Philippines will share the inroads it has made in translating theories on addressing climate change into actionable projects on the ground with other ASEAN peers to help accelerate adaptation and mitigation efforts meant to avert catastrophic global heating. Finance Secretary Carlos G....
Presidential aspirant Senator Christopher “Bong” Go said he fully supports efforts to restore the original proposed budget of the National Task Force to End Local Communist Armed Conflict (NTF-ELCAC) saying sufficient funding would help sustain the humanitarian and development projects in...
The Bureau of Customs (BOC) incurred P3.4 billion in forgone revenues due to lower pork import tariffs, the Department of Finance (DOF) reported on Monday, Nov. 22. The tax collection losses stemmed from the government’s effort to boost the supply of pork and stabilize its retail prices in the...
The Department of Finance (DOF) is exploring how foreign governments can contribute to the Philippines’ efforts to accelerate the decommissioning and repurposing of its coal-fired power plants. As overseas companies have a significant stake in the country’s coal-fired power plants, DOF...
The Senate Finance sub-committee on Monday, Nov. 22 approved on the Senate floor a P120-billion budget for the Department of Transportation (DOTr), or a reduction of P280-billion from the requested P400-billion budget for the DOTr and its attached agencies for 2022. The approval followed questions...
The Department of Finance (DOF) bucked the proposal seeking to impose a “super-rich” tax on Filipino billionaires as its negative impacts outweigh any potential revenue gains for the government. In a letter to House Speaker Lord Allan Jay Velasco, Finance Secretary Carlos G. Dominguez III said...
Senate Minority Leader Franklin Drilon on Sunday defended the Senate Committee on Finance’s decision to slash the budget for the National Task Force to End Local Communist Armed Conflict (NTF-ELCAC) in 2022 as he took exception to Senator Ronald “Bato” Dela Rosa’s tirades against those who...
The Senate Committee on Finance is pushing for an increase in the funding of the Department of Education (DepEd) and State Universities and Colleges (SUCs) in the proposed P5-trillion national budget for 2022. Sen. Sonny Angara, chair of the Senate finance panel, said the budget increase for DepEd...
The government is finalizing its sustainable finance framework for the issuance of the Philippines’ first-ever sovereign green bonds, the Department of Finance (DOF) said. Finance Secretary Carlos G. Dominguez III said on Friday, Nov. 19, that the establishment of the framework is a key step in...
At 16, former child star Jillian Ward now has another baby. A new car that is. On Instagram, she introduced her shiny new BMW as her "new baby car." Note that the Kapuso actress already has a pickup truck and a van. For the past years, Jillian has been proudly sharing online some of her blessings...
