The Philippines has called for an end to the debate on climate change, and for nations to start implementing concrete actions to fulfill their respective commitments and "obligations to humanity" to save the planet from an environmental catastrophe.
"The Philippines is determined to...
More than 300 Japanese guests from Japan's leading corporate and financial institutions have participated in the virtual Philippine Economic Briefing (PEB) that highlighted the Duterte administration's efforts to push for a much stronger and more inclusive economy in the post-COVID-19 pandemic...
State-run National Transmission Corp. (Transco) plans to remit the company's entire profit to the government's coffers to help fund the country's coronavirus response programs, the Department of Finance (DOF) revealed.
In a statement, the finance department said on Tuesday, July 13,...
The adverse impact of the prolonged pandemic will be short-lived, the government's chief economic manager and the central bank governor said after Fitch Ratings downgraded the Philippines' outlook to negative.
BSP Gov. Benjamic Diokno and Finance Sec. Carlos Dominguez III
Finance...
The Department of Finance (DOF) has flagged a possible sugar smuggling scheme employed by unscrupulous traders taking advantage of the Sugar Regulatory Administration's (SRA) export replenishment program.
In a statement on Monday, July 12, Finance Secretary Carlos G. Dominguez III said he has...
The government's chief economic manager has backed the Department of Education (DepEd) in calling for the World Bank to issue a public apology over its outdated findings about the state of the Philippines' education sector.
In a statement on Thursday, July 8, Finance Secretary Carlos G....
The Bureau of Customs registered a spike in pork imports following the government's order lowering tariffs on swine meat shipments that aims to stabilize the domestic supply and prices, the Department of Finance (DOF) said.
In a report to Finance Secretary Carlos G. Dominguez III, the Customs...
The Duterte administration has completed its third foreign commercial borrowing this year.
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The national governm
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ent has raised $3 billion, equivalent to P146 billion, from a dual tranche offering of 10.5-year and...
The finance and trade departments signed the implementing rules and regulations (IRR) of the corporate recovery and tax Incentives for enterprises (CREATE) law, the government's largest fiscal stimulus package for businesses in the country's history.
Ahead of the July 10, 2021 deadline,...
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...
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...
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...
