The Department of Finance (DOF) thanked the Japanese government for its funding assistance extended to the Philippines that supported its coronavirus response efforts, especially in providing emergency assistance to vulnerable sectors. In a statement, Finance Secretary Carlos G. Dominguez III said...
Malampaya gas turbine Malampaya gas fields are in danger of being completely depleted as early as next year and will pose energy problems in time for next year’s political exercise. House Deputy Minority Leader and Bayan Muna Rep. Carlos Isagani Zarate revealed this information allegedly coming...
President Duterte’s chief economic manager said that additional stimulus spending for this year, if there would be any, will not be funded by borrowings. Citing “the President's policy of prudent fiscal management,” Finance Secretary Carlos G. Dominguez III said the executive department would...
The Department of Finance (DOF) said the newly formed committee tasked to streamline trade processes and modernize major customs operations will be beneficial to micro, small and medium enterprises (MSMEs). Finance Secretary Carlos G. Dominguez III said the Philippine Trade Facilitation Committee...
President Duterte’s chief economic manager justified the multi-trillion peso borrowings for the year, citing the national government needed to rely on financing to the bridge the widening gap between revenues and expenditures. Finance Secretary Carlos G. Dominguez III said on Tuesday, June 15,...
Despite being behind other regional economies in terms of recovery from the malaise of the global pandemic, the government’s chief economic manager assured that the country can bounce back stronger due to sound economic fundamentals. Finance Secretary Carlos G. Dominguez III said on Tuesday, June...
Around P20 billion will be set aside by the government to procure additional coronavirus vaccines for the country's young population. Finance Secretary Carlos Dominguez III gives updates to President Rodrigo Duterte during a meeting with the Inter-Agency Task Force on the Emerging Infectious...
For the sake of transparency, the government is prepared to explain its coronavirus vaccination efforts before a Senate inquiry on Tuesday, June 15. Finance Secretary Carlos Dominguez III gives President Rodrigo Duterte an update on the funds used for the COVID vaccination program on June 14, 2021...
Businesses should invest heavily in digitalization and innovation to stay competitive as the world rapidly transitions to a new post-pandemic global economy, the government’s chief economic manager said. In a statement, Finance Secretary Carlos G. Dominguez III said on Monday, June 14, that...
President Duterte’s chief economic manager urged the Governance Commission for Government-Owned and -Controlled Corporations (GCG) to incorporate the assessments made by regulatory agencies in evaluating the performance of state-run firms. In a statement, Finance Secretary Carlos G. Dominguez III...
Or the question is: Do you do your country proud? Love of country is a two-way street. Most of us aren’t given a chance to do our country proud, like Lea Salonga or Juan Luna or Yuka Saso, but that’s what we think. This country is made up of you and me and, in more ways than one, in a way often...
Nineteen-year-old Filipina golfer Yuka Saso became the talk of the town after her victorious campaign in the 76th US Women's Open. The Filipino-Japanese Saso made history by becoming the first local player to win a major golf tournament, not to mention the US Women's Open. Yuka Saso The San...