Finance Secretary Carlos Dominguez III has asked Japan to back an Association of Southeast Asian Nations (ASEAN) proposal to raise the International Monetary Fund (IMF)'s de-linked portion (IDLP) for its…
The Department of Finance (DOF) welcomed Monday the final approval by the House ways and means committee of the substitute bill containing the first package of the Duterte administration’s Comprehensive…
Finance Secretary Carlos Dominguez III said investments banks such as Nomura may explore opportunities in the Philippines’ planned P8.4 trillion infrastructure buildup by taking part in the country’s new “hybrid”…
The government’s economic managers have said that the weaker peso should not worry Filipinos as this would even translate into higher tax revenue and additional monetary benefits for overseas Filipinos…
One of the world’s largest private financial institutions has expressed its support for the Philippines’ development agenda, particularly in the Duterte administration’s unprecedented infrastructure program. In a meeting here with…
Philippine officials and their Japanese counterparts have met in Yokohama, Japan on the sidelines of the recent 50th Annual Meeting of the Asian Development Bank (ADB) to firm up commitments…
A strong governance framework for the extractive industries, not an "arbitrary" ban on this sector, will let the country "get the best of both worlds," which is creating wealth for…
The non-adjustment of fuel excise taxes for the past two decades has cost the government an estimated P145 billion annually in foregone revenues (in 2016 prices) or about 1 percent…
YOKOHAMA—Finance Secretary Carlos Dominguez III said here the Asian Development Bank (ADB)’s Board of Governors would, on his watch as its chairperson, pursue “the changes that need to be done”…
Implementing only the proposed reductions in personal income tax (PIT) rates without its accompanying reforms in tax policy and administration would torpedo the government's anti-poverty agenda, jack up its debt-servicing…
