The oversight body for government-owned or -controlled corporations (GOCCs) has abandoned a plan by the previous administration to merge the Land Bank of the Philippines (LandBank) and the Development Bank…
The Duterte administration is focused on stepping up measures to make the Philippines a magnet for foreign direct investments (FDIs) as the linchpin of its 10-point socioeconomic agenda to sustain…
Finance Secretary Carlos Dominguez III and Chinese ambassador to Manila Zhao Jianhua have agreed to revitalize Philippine-China relations in five vital areas of cooperation, including currency swap arrangements, agricultural trade,…
A targeted subsidy program designed to shield poor consumers from a government plan to adjust excise taxes on petroleum products is now being drawn up by Malacanang’s economic team, according…
Finance Secretary Carlos Dominguez III today commended the Social Security System (SSS) as an institution that provides “a reliable net of social protection” for retirees even as he underscored the…
The Philippines’ lower debt-to-GDP ratio compared to the previous years places it in “better shape” to borrow funds that would bankroll its accelerated spending on infrastructure, human capital and social…
Finance Secretary Carlos Dominguez III said today he is fully confident that the military and police under the decisive leadership of President Duterte will bring the culprits behind the Davao…
The rate of increase in consumer prices may have slightly inched up last month, mainly on higher alcoholic drinks and tobacco prices as well as transport costs, latest estimates by…
The proposed tax reform package presented to Congress aims to raise enough revenues for programs meant to bridge the chronic income gap between Metro Manila and the other regions, as…
Finance Department Spokesperson Paola Alvarez said the proposed tax reform program presented by Malacanang’s economic team to Congress last week aims to raise enough revenues to fund targeted subsidies for…
