The Duterte administration will sell fresh debt papers to overseas investors, including the government’s maiden green bond issue, a document from the Bureau of the Treasurer revealed. Based on a Treasury document obtained by reporters on Monday, March 21, the government is planing to raise funds...
The Securities and Exchange Commission (SEC) has revoked the registration and secured conviction of several illegal lending companies as part of its sustained crackdown against illegal and abusive lenders, the Department of Finance (DOF) said. In a statement, the DOF cited an SEC report that showed...
Lawyer Carlos “Kuya Charlie” G. Serapio was the first vice-presidential candidate who arrived four hours early at Sofitel for the PiliPinas Debates 2022 on Sunday, March 20. (Photo courtesy of Comelec) Serapio of Katipunan ng Kamalayang Kayumanggi-Katipunan Party arrived at the venue around 3...
Finance Secretary Carlos G. Dominguez III has commended former Social Security System (SSS) President and Chief Executive Officer Aurora Ignacio for her efforts in accelerating the pension fund’s digitalization processes for the benefit of its members. According to Dominguez, Ignacio spearheaded...
BACOLOD CITY - The City of San Carlos in Negros Occidental has resumed its face-to-face classes (F2F) amid the reduction of Covid-19 cases in the province. Pupils of Florentina Ledesma Elementary School in San Carlos City, Negros Occidental attend the face-to-face classes. (Photo courtesy of San...
The government would need to borrow additional money from creditors should taxes on petroleum products are suspended, the Department of Finance (DOF) warned. Finance Secretary Carlos G. Dominguez III said suspending fuel excise taxes will only provide temporary and minimal relief to consumers, but...
The National Economic and Development Authority (NEDA) is proposing a four-day workweek to lower energy consumption amid skyrocketing pump prices. During President Duterte’s Talk to the People aired on Wednesday, March 16, Socioeconomic Planning Secretary Karl Kendrick T. Chua said limiting the...
President Duterte has approved the recommendation to retain the fuel excise tax under the Tax Reform for Acceleration and Inclusion (TRAIN) Law amid the continuing increase of oil and petroleum products prices, Malacañang announced. President Rodrigo Duterte (Malacañang photo) Communications...
The Fiscal Incentives Review Board (FIRB) has approved the tax incentives for a P1.5-billion Cebu-based roll on roll off (RoRo) operator that aims to help modernize the shipping industry and increase competition. Finance Secretary Carlos G. Dominguez III said Tuesday, March 15, that the FIRB...
The Makabayan Coalition has underscored their call to stop the act of red-tagging, and to start implementing tax cuts to counter the fuel crisis during a press conference on Monday, March 14. Makabayan Bloc logo (Photo from Wikipedia) They alleged that the administration had taken more interest in...
Insurance claims related to the pandemic reached P16.71 billion in the past two years, with life coverages accounting for more than half of the payouts, the Department of Finance (DOF) said. In a report to Finance Secretary Carlos G. Dominguez III, the Insurance Commission said 23 percent or P3.89...
The Department of Finance (DOF) announced the launch of a new project that aims to assist six climate-vulnerable cities in adapting to, and mitigating the effects of, climate change. On Thursday, March 10, the DOF launched the $15 million, or P750 million, five-year Climate Resilient Cities (CRC)...
