Addressing the impact of the Covid-19 pandemic on education and the K to 12 Program are among the priority areas that Vice President-elect Sara Duterte will focus on once she sits as the Secretary of the Department of Education (DepEd). Vice president-elect and Davao City Mayor Sara Duterte (Keith...
President Rodrigo Duterte has conferred the Order of Lakandula with the Rank of Grand Cross (Bayani) to outgoing Finance Secretary Carlos G. Dominguez III for his exemplary service to the nation. The Order of Lakandula recognized Dominguez’s help and contribution to the success of President...
Finance Secretary Carlos G. Dominguez III said the achievements of the Intergovernmental Relations Body (IGRB) would help guide the new administration to achieve the country’s long-standing goal of attaining lasting peace and prosperity in Mindanao. During the presentation of its second progress...
Less than two weeks before President Rodrigo Duterte’s term ends, the government sealed the Asian Development Bank’s (ADB) biggest infrastructure loan package that would connect Metro Manila and Calamba in Laguna through a railway system. At a signing ceremony witnessed by President Duterte...
The Department of Finance (DOF) has clarified that there is no double taxation in the imposition of value-added tax (VAT) in the electric power sector. Reacting to recent statements made by the Energy Regulatory Commission (ERC), Finance Secretary Carlos G. Dominguez III explained that the Electric...
The Technical Education and Skills Development Authority (TESDA) and its partner, Daikin Philippines launched two additional Heating, Ventilation, and Air conditioning (HVAC) Training Centers in Iloilo and Misamis Oriental on June 7 and 9, respectively. TESDA In a statement, TESDA Secretary Isidro...
The Philippines has won a seat in the Commission on the Limits of the Continental Shelf (CLCS), a body of the United Nations that facilitates the implementation of the United Nations Convention on the Law of the Sea (UNCLOS). DFA Secretary Teodoro Locsin Jr. and Philippine candidate to Commission...
Foreign Affairs Secretary Teodoro Locsin Jr. has expressed disappointment in Australia for not supporting the Philippines' bid for a seat in the Commission on the Limits of the Continental Shelf (CLCS). DFA Secretary Teodoro Locsin Jr. (Photo courtesy of the DFA) Locsin vented his sentiments on...
The Fiscal Incentives Review Board (FIRB) revealed that the Philippine Economic Zone Authority (PEZA) is not tracking the inflow of actual investments made by its registered business enterprises (RBEs). In a statement, Finance Assistant Secretary and FIRB Secretariat Head Juvy Danofrata said PEZA...
The Government of the People’s Republic of China will finance the construction of a P19.32 billion two-way, four-lane bridge connecting Davao City and the Island Garden City of Samal in Mindanao, the Department of Finance (DOF) announced. In a statement on Tuesday, June 14, the DOF said the...
OFW FORUM Jun Concepcion How to serve millions of OFW constituents literally spread across the whole wide world, including remote parts of Africa, South America and Central Asia, makes the job portfolio of Ms. Toots Ople, newly-appointed secretary of the Department of Migrant Workers, one of the...
Incoming Finance Secretary Benjamin E. Diokno wants to put in place a formal fiscal plan that will take control of government expenditures, set clear borrowing and revenue programs, as well as design policies to manage budget deficits in the next six-years. Diokno, who is currently governor of the...
