Finance Secretary Carlos Dominguez III said the current rates of interest income taxes favor the rich and discriminate against low-income depositors who have to cope with high tax rates. The…
The slight increase in core inflation last month indicates that consumers may see some modest uptick in commodity prices in the immediate near-term, the Department of Finance (DOF) said today.…
Finance Secretary Carlos Dominguez III swore into office nine top officials of the Department of Finance (DOF) in simple rites held today at the Land Bank of the Philippines (LandBank)…
An economic expert in the Congress has given his all-out support to the comprehensive tax program proposed by the Department of Finance (DOF) to carry out President Duterte’s 10-point agenda…
The all-time high consumer outlook at the onset of the new administration best illustrates the remarkably high level of public trust and confidence in President Duterte to deliver on his…
Finance Secretary Carlos Dominguez III said that needy senior citizens are getting financial assistance under the Malacañang-proposed 2017 national budget of P3.35 trillion, as he stressed that the 20 percent…
The Department of Finance (DOF) is considering the policy of tapping unsolicited proposals from the private sector to help jumpstart the execution of capital-intensive infrastructure projects that create jobs and…
The Philippines’ low tax-efficiency rate compared to those of other Southeast Asian economies highlights the need to reconfigure its revenue-generation system through reforms in tax policy and administration. Department of…
Secretary Carlos Dominguez III of the Department of Finance (DOF) has ordered the Bureau of Customs (BOC) to suspend without pay for six months a customs officer for failing to…
Finance Secretary Carlos Dominguez III has assured Bangladesh of the Philippine government’s "100 percent support" behind ongoing efforts to recover $81 million that cyber thieves had stolen from its central…
