The government’s chief economic manager said he is “happy” with the implementation of the China-funded projects that the country received since President Duterte took the reins of power more than five-years ago. Despite skepticism about Chinese loans, Finance Secretary Carlos G. Dominguez III...
Despite a shocking loss to Cuban Yordenis Ugas, Senator Manny Pacquiao remains the People’s Champ in the hearts of Filipinos, his former colleagues in the House of Representatives said Sunday, August 23. Pacquiao-Ugas Pacquiao’s won the admiration of opposition and administration congressmen...
The Ateneo de Manila University (AdMU), De La Salle University (DLSU), and San Carlos College have partnered with the Department of Science and Technology-Philippine Council for Industry, Energy and Emerging Technology Research and Development (DOST-PCIEERD) to conduct health researches to help...
The Japan International Cooperation Agency (JICA) approved the fourth and final tranche of its standby loan, which will be used in the Philippines’ post-pandemic recovery programs, the Department of Finance (DOF) announced. JICA In a statement, Finance Secretary Carlos G. Dominguez III said the...
The government’s chief economic manager said the two-week enhanced community quarantine (ECQ) has been a big achievement for the country’s inoculation program despite the sustained surge in infections. COVID-19 vaccine Finance Secretary Carlos G. Dominguez III said Friday, August 20, that the...
The Department of Health (DOH) resorted to post-audit “cures” to address adverse audit observations noted by the Commission on Audit (COA) in its 2020 Annual Audit Report. D6E62FB9-E049-4C0A-9B9D-1CEACDF37A1D At the resumption of the congressional inquiry into COA’s findings that P67.32...
The modified tariff rates on imported pork products and rice have resulted in foregone revenues for the government, but the Department of Finance (DOF) said the economic benefits far outweigh the costs. Peso Finance Undersecretary Antonette C. Tionko said the government is projected to lose P5.4...
The Delta variant-driven lockdowns imposed to curb the spread of the virus triggered the Development Budget Coordination Committee (DBCC) to significantly slash its economic growth outlook for the year. The DBCC, an inter-agency body tasked to set the country’s macroeconomic targets, further...
The Philippine Health Insurance Corp., commonly known as PhilHealth, may need to revise its coverage as the state-run company struggles to pay off its debt, the government’s chief economic manager said. PhilHealth Finance Secretary Carlos G. Dominguez III said that PhilHealth’s massive spending...
The Development Budget Coordination Committee (DBCC), an inter-agency body tasked to set the government’s macroeconomic targets, will meet tomorrow, Wednesday, August 18, to reassess the country’s recovery amid the mutating coronavirus. Finance Secretary Carlos G. Dominguez III But ahead of the...
Senior members of the House of Representatives on Tuesday, August 16 slammed President Rodrigo Duterte’s attacks against the Commission on Audit, saying that subverting the agency’s independence is a clear violation of the Constitution. 4C066E0A-F172-4FC2-A79E-EBEC6BE79E53_4_5005_c In separate...
The Insurance Commission (IC) wants to remove variable insurance products from the list of mutual fund schemes to avoid increasing costs for consumers and defeating the goal of financial inclusion for all Filipinos. Sec. Dominguez and Comm. Funa In a letter to Finance Secretary and Capital Market...
