The country’s solid financial footing amid the ongoing pandemic validated the “good work” of the Department of Finance (DOF) as well as the correctness of the reforms and policies it has pursued, the government’s chief economic manager said. In his presentation before senators of the...
The public listing of the Philippines’ fourth real estate investment trust (REIT) company amid the lingering pandemic confirms investor optimism in the country’s solid recovery, the government’s chief economic manager said. At the listing ceremonies in the Philippine Stock Exchange (PSE) on...
House Deputy Minority Leader and Bayan Muna Rep. Carlos Isagani Zarate urged Manila Electric Company (Meralco) to reconsider its decision to impose another power rate hike, the sixth this year, saying that it is ill-timed as Filipinos are still reeling from the devastating effects of the COVID-19...
The Department of Finance (DOF) assured that the Philippines has already secured the financing for, and ordered, enough doses of COVID-19 vaccines to inoculate qualified Filipinos by the end of the year stating the country needs 9 million doses weekly arrival to meet its target to complete its...
More than 300 Japanese guests from Japan’s leading corporate and financial institutions have participated in the virtual Philippine Economic Briefing (PEB) that highlighted the Duterte administration’s efforts to push for a much stronger and more inclusive economy in the post-COVID-19 pandemic...
Finance Secretary Carlos G. Dominguez III has directed the Department of Transportation to collect at least half a billion pesos in remaining charges that flag-carrier Philippines Airlines still owed to the government. Philippine Airlines Dominguez immediately asked the DOTr to “intensify...
The Department of Finance (DOF) has urged the Senate to help guarantee the Philippines’ "strong economic rebound" from the lingering pandemic by swiftly approving the Duterte administration’s remaining economic reform measures. Finance Secretary Carlos G. Dominguez Finance Secretary Carlos G....
The Department of Finance (DOF) is lukewarm to pending proposals in Congress seeking for the creation of new government departments. DOF Building in Manila Finance Secretary Carlos G. Dominguez III, the government’s chief economic manager, explained that such proposals run counter to a global...
Struggling flag-carrier Philippine Airlines (PAL) will not get any financial help from government financial institutions anytime soon, the Department of Finance (DOF) said Thursday, Sept. 9. During the virtual Senate briefing, Finance Secretary Carlos G. Dominguez III said that government-owned...
Ombudsman Samuel Martires wants to open to the public the Statement of Assets, Liabilities and Networth submitted by all government officials and personnel, including that of the president, to ensure transparency. Ombudsman Samuel Martires But Martires’ proposal to amend Republic Act 6713 or the...
The Philippine Health Insurance Corp., commonly known as PhilHealth, needs a long-term plan to fix the agency’s serious systemic problem, the Department of Finance (DOF) said. PhilHealth During a virtual Senate hearing on Wednesday, Sept. 8, Finance Secretary Carlos G. Dominguez III told...
President Duterte’s chief economic manager said the government needs a new approach to rein in coronavirus cases and revive the economy as lockdown orders no longer provide benefits to the country. Finance Secretary Carlos G. Dominguez III said the Inter-Agency Task Force (IATF), the government's...
