Finance Secretary Carlos G. Dominguez III vowed that the national government will meet its targets in bringing genuine autonomy to the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). During the presentation of the Intergovernmental Relations Body's (IGRB) first-year...
The Bangko Sentral ng Pilipinas (BSP) said it has fully awarded its 28-day bills offered at P100 billion. The BSP securities auction received P162.80 billion tenders on Friday, lower than January 15’s P167.25 billion bids. The BSP bills fetched a lower average rate this week of 1.6362 percent...
Photo from Fitstart Gym Tokyo Olympics bound boxer Irish Magno said there is nothing she can do except to continue training amid growing concerns over the possible cancellation of the Games due to the coronavirus pandemic. “Bilang atleta tuloy lang talaga sa training, hindi ko masyado iniisip...
The Department of Finance (DOF) said the Intergovernmental Relations Body (IGRB) of the national and Bangsamoro governments have resolved four mechanisms to ensure a successful and functional autonomous region in Muslim Mindanao. In a statement, Finance Secretary Carlos G. Dominguez III said...
The economic bounce-back will be anchored on the Philippines’ ability to reopen as safely as possible together with a slew of pump-priming measures buttressed by the government’s strong fiscal position, the Duterte administration’s chief economic manager said....
The Department of Finance (DOF) is working on fresh loans from multilateral financial institutions, bilateral partners and domestic creditors to fund the government’s coronavirus response programs. Finance Secretary Carlos G. Dominguez III said they are now working to borrow $1.46 billion,...
Olympic-bound athletes boxer Eumir Felix Marcial, pole vaulter EJ Obiena, gymnast Carlos Yulo, boxer Irish Magno (Handout Photos) Is it better to scrap the Tokyo Olympics for good? If Philippine Sports Commission chairman Butch Ramirez has the final say, he would rather choose to call off the Tokyo...
The Department of Finance (DOF) assured that the government has sufficiently funds to procure enough doses of COVID-19 vaccines from various sources in line with its target to inoculate around half of the population. In a statement, Finance Secretary Carlos Dominguez III said...
Mostly from domestic market The large structural liquidity in the local financial system will let the government continue preferring the domestic market as a key source of its funding requirements in 2021 to mitigate the buildup of foreign exchange risks from external borrowings, a Cabinet official...
Slightly below programmed The Duterte administration is likely incurred slightly lower than programmed budget deficit last year due to favorable revenue performance, the Department of Finance (DOF) said. Speaking at the Management Association of the Philippines (MAP) virtual meeting, Finance...
At least 30 business organizations are signing a Joint Statement of Support calling for the immediate passage of the long delayed Corporate Recovery and Tax Incentives for Enterprises (CREATE) Bill with all the critical features to boost businesses and attract more investors into the country. This...
Instead of Charter change, the Duterte Administration’s chief economic manager has suggested that the lawmakers may consider the further opening up of the local economy to foreign investments. While Finance Secretary Carlos G. Dominguez III did not categorically state that he is not in favor of...
