V20 countries need extra $100-B to fight climate change–Dominguez

Finance Secretary Carlos Dominguez III has lauded the Vulnerable Twenty (V20) Ministerial Dialogue for having spotlighted the plight of all countries most vulnerable to climate change, but said a lot…

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IMF supports DOF tax reform plan

An International Monetary Fund (IMF) team has given its nod to the comprehensive tax reform plan of the Department of Finance (DOF) for being “net revenue positive with due attention…

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Dominguez says PRRD fully committed to ‘inclusive growth’ agenda

Finance Secretary Carlos Dominguez III has assured foreign credit rating institutions that President Duterte remains “fully engaged” in implementing his 10-point socioeconomic agenda focused on inclusive growth, while vigorously carrying…

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IMF backs PRRD’s poverty-reduction agenda

The International Monetary Fund (IMF) has cited President Duterte’s 10-point socioeconomic agenda to promote inclusive growth and reduce poverty incidence from the current 26 percent to 17 percent over the…

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Dominguez gets nod of Congress’ appointments body

The Commission on Appointments today confirmed the ad interim appointment of Carlos Dominguez III as Secretary of Finance. Senator Francis Pangilinan, who chairs the CA committee on finance, recommended the…

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Foreign selling abates—DOF

Foreign funds leaving the stocks listed on the Philippine Stock Exchange (PSE) have slowed down since the first week of September as the economy remains fundamentally strong, the Department of…

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Value of tax-free small-value imports raised to P10K

Finance Secretary Carlos Dominguez III has approved a Customs Administrative Order (CAO) that raises the tax - exemption value of small importations from the current P10 to P10,000. Under the…

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Investment guru believes PRRD good for PHL in the long run

Top fund manager Mark Mobius said economic risks remain “benign” in emerging Asian markets, including the Philippines, where he believes the assumption to office of President Rodrigo Duterte would be…

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