The national government is looking at including additional programs in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) under the proposed 2023 national budget, the Department of Finance (DOF) said. During a recent Intergovernmental Relations Body (IGRB) meeting, key officials of the...
The Bureau of Customs has donated mobile phones, laptops, educational materials and other seized goods to the Department of Education (DepEd) and other government agencies. Bureau of Customs (Photo from BOC Port of NAIA Facebook page) In a report to Finance Secretary Carlos G. Dominguez III,...
The Department of Finance (DOF) has asked the management of the state-run Philippine Crop Insurance Corp. (PCIC) to submit the detailed financial status and computation of its contingent liabilities. PCIC Chairman Carlos Dominguez In a statement, Finance Secretary Carlos G. Dominguez III said he...
Small investors who were looking for a low-risk, accessible and higher-yielding investment swamped the government’s first onshore issue of retail dollar bonds, the Bureau of the Treasury announced. Based on a report submitted by National Treasurer Rosalia V. de Leon to Finance Secretary Carlos G....
The Department of Finance (DOF) is demanding rich countries to fulfill their pledge of providing the massive financing needed to reverse the devastating effects of climate change. During the Ministerial Dialogue of the Climate Vulnerable Forum (CVF), Finance Secretary Carlos G. Dominguez III has...
Finance Secretary Carlos G. Dominguez III clarified that the renovation of the former headquarters of the Land Bank of the Philippines in Makati is part of the infrastructure works being undertaken by the Department of Public Works and Highways (DPWH) since 2019. Finance Secretary Carlos G....
The Department of Finance (DOF) ordered the unconditional release of a report summarizing the results of an outside audit on large-scale metallic mines across the country. In a statement, Finance Secretary Carlos G. Dominguez III ordered the “preparation and dissemination” of a report...
State-owned Philippine Crop Insurance Corp. (PCIC) needs to be run by “industry professionals” to stop the company’s money losing business, the government’s chief economic manager said. Finance Secretary Carlos G. Dominguez III, who officially took over the chairmanship of PCIC on Friday,...
The Bureau of Customs (BOC) seized huge quantity of unmarked diesel in Pampanga following the government’s intensified implementation of the nationwide fuel marking and monitoring program to curb oil smuggling. 34336 In a statement, Customs Commissioner Rey Leonardo B. Guerrero said the bureau...
SSS mobile app The number of Social Security System (SSS) members filing unemployment-insurance claims skyrocketed since the pandemic began in March last year, the government’s chief economic manager revealed. Finance Sec. Carlos Dominguez III Since the SSS unemployment insurance benefit (UIB)...
Imposing higher tax on Filipino billionaires whose fortunes have reached more than one billion pesos may not be a good idea with Finance Secretary Carlos G. Dominguez III warning this will only result in capital flight out of the Philippines. Finance Secretary Carlos G. Dominguez Dominguez said as...
Finance Secretary Carlos G. Dominguez III urged small investors to invest in the government’s maiden onshore retail dollar bond (RDBs) offering, saying it is a “win-win proposition” that will promote financial inclusion while raising funds for the country’s coronavirus response. Finance...
