Finance Secretary Carlos G. Dominguez III instructed the Philippine Crop Insurance Corp. (PCIC) to identify and explain its sources of funds and corresponding uses to better understand its financial status and ensure that its premium subsidies paid for by taxpayers are spent well. Dominguez said...
The Department of Finance (DOF) wants financial technology (Fintech) companies in the country to be properly regulated and taxed while encouraging the sector’s growth and continued innovation. In a statement, DOF Secretary Carlos G. Dominguez III said Tuesday, Nov. 16, that he has tasked the...
Retired police general Guillermo Lorenzo Eleazar bowed out of service with a big jump in the trust and approval ratings of the Philippine National Police (PNP). Starting with 25th in ranking in approval rating and 22nd in trust rating in the survey conducted for all government agencies on May this...
A new private sector-led global organization is exploring a possible country partnership with the Philippines to assist in hastening its transition to green and renewable energy (RE) sources, the Department of Finance (DOF) said. In a statement, the DOF said on Friday, Nov. 12, that Finance...
Senate Minority Leader Franklin Drilon on Friday urged newly-appointed Philippine National Police (PNP) chief Lt. Gen. Dionardo Carlos to review the PNP’s use of its anti-insurgency funds. Drilon challenged the incoming PNP leadership as he finds it suspicious that the PNP conducted about 13...
Carlos Yulo Carlos Yulo led the top achievers in the month of October after atoning for his Tokyo Olympic struggles with an impressive showing in the World Artistic Gymnastics Championships. After falling short in his medal bid in the Summer Games, the 21-year-old Yulo beamed with pride by taking...
The Philippines has formally committed to reverse forest loss and land degradation by 2030, the Department of Finance (DOF) announced on Thursday, Nov. 11. In a statement, the DOF said the Department of Foreign Affairs (DFA) recently transmitted President Duterte’s letter to the government of the...
He is called the police’s version of the Navy SEAL (Sea, Air, Land) and now, Police Lt. Gen. Dionardo Bernardo Carlos will be ruling over the 222,000-strong Philippine National Police (PNP). photo: Dionardo B. Carlos Facebook page Carlos will take over the leadership of the PNP on November 13,...
President Duterte has chosen Lt. Gen. Dionardo Carlos to be the successor of the Philippine National Police (PNP) chief, Gen. Guillermo Eleazar. Malacañang Palace (Photo from PNA) A copy of Carlos's signed appointment paper was acquired by Malacañang reporters Wednesday afternoon, Nov. 10....
The Philippines has called for an end to the debate on climate change, and for nations to start implementing concrete actions to fulfill their respective commitments and “obligations to humanity” to save the planet from an environmental catastrophe. “The Philippines is determined to be a...
The next Department of Finance (DOF) head needs to keep a close eye on four pressing issues, such as public debt, inflation, exacerbated inequality and climate change, President Duterte’s chief economic manager said. Eight months before the term of the Duterte administration ends, Finance...
The Fiscal Incentives Review Board (FIRB) has approved the grant of tax incentives for the builder of the Makati City Subway, the Department of Finance (DOF) announced. In a statement released by the DOF on Monday, Nov. 8, it said that the FIRB took into consideration the projected increase in...
