House Deputy Minority leader and Bayan Muna Rep. Carlos Isagani Zarate on Saturday, Nov. 11 called the attention of the Bangko Sentral ng Pilipinas on “glaring errors” found in the newly-released P1,000 bill. Zarate found the two errors referring to the image of the Philippine eagle as “quite...
Beijing-led Asian Infrastructure Development Bank (AIIB) commended the proposal of the Department of Finance (DOF) for multilateral development banks (MDBs) to work together in incentivizing private capital flows for climate projects of developing countries. In a letter to Finance Secretary Carlos...
It was supposed to be a normal family gathering with the one-year old girl as the center of their attention in Manapla town of Negros Occidental on Sunday night, Dec. 5. But all of a sudden, the girl slump on the floor with her head bleeding from what turned out to be a bulletwound. A few minutes...
The Philippine National Police (PNP) has mobilized a task force that will focus on the investigation into the killing of a Pampanga-based journalist who was repeatedly shot in Calbayog City in Samar. PNP chief Gen. Dionardo Carlos said Special Investigation Task Group (SITG) that was mobilized by...
The national government will repay the full amount of its cash advances to the Bangko Sentral ng Pilipinas (BSP) ahead of the January maturity date, the Department of Finance (DOF) said. In a letter addressed to BSP Governor Benjamin E. Diokno, Finance Secretary Carlos G. Dominguez III said that...
Gen. Dionardo Carlos, chief of the Philippine National Police (PNP), has ordered an early security preparation for the enforcement of the firecracker ban ahead of the Holiday season, especially the New Year revelry. Carlos said the move is to ensure the public safety as firecracker injuries, and in...
The Department of Finance (DOF) urged the Department of Labor and Employment (DOLE) to harness digital technology in building a database and payout system for the labor force to efficiently and swiftly deliver aid to workers needing assistance in times of crises. In a statement, Finance Secretary...
The Philippine National Police (PNP) has acquired more than P398 million worth of equipment to further improve the operational capability of the organization in its law enforcement function. PNP chief Gen. Dionardo Carlos said the newly-procured equipment was funded thru appropriations for the...
The Department of Finance (DOF) has directed the Government Service Insurance System (GSIS) and the Land Bank of the Philippines to assist the Philippine Crop Insurance Corp. (PCIC) in managing the risks and enhancement of its investment portfolio. Finance Secretary Carlos G. Dominguez III said the...
The Philippine government’s outstanding debt nears the P12-trillion mark in October this year due to higher domestic borrowings, the Bureau of the Treasury reported on Wednesday, Dec. 1. As of October 2021, the national government’s total debt reached P11.971 trillion, up by P54.48 billion...
The Department of Finance (DOF) has beefed up its digitalization initiatives, which include facilitating trade online and making the filing of tax exemptions more convenient, to better serve the public and improve its oversight functions and policy-making processes. Finance Secretary Carlos G....
Gen. Dionardo Carlos, chief of the Philippine National Police (PNP), has ordered a thorough investigation into the death of a town councilor candidate in San Simon, Pampanga, on Saturday, Nov. 27. The victim was identified as Rogelio Salvador Jr., 42, candidate for councilor; and his companion,...
