Independent Power Producer Administrators (IPPAs) and electric cooperatives dominate the list of the top corporate entities with long overdue accounts with the Power Sector Assets and Liabilities Management Corp. (PSALM)…
The tax reform law that has returned some P111 billion back to the pockets of 99 percent of wage earners and the shift to rice tariffication that will slash retail…
The Republic of the Philippines (the "Republic") successfully returned to the international capital markets with its offering of EUR750 million of 8-year Global Bonds. The bonds are expected to be…
We, the economic managers, remain committed to the pursuit of sustained and inclusive growth through fast implementation of the government’s programs and projects to make up for lower-than-planned state spending…
Filipino taxpayers have reaped a cash bonanza of P111.7 billion in personal income tax (PIT) cuts in 2018 with the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN)…
Finance Secretary Carlos Dominguez III expects the domestic economy to expand at a higher clip for the rest of the year as inflation continues trending towards the official target range…
Press Briefing on the latest Philippine credit rating upgrade to BBB+ and the road to "A" with Finance Secretary Carlos G. Dominguez, Bangko Sentral ng Pilipinas Deputy Governor Diwa Guinigundo,…
Finance Secretary Carlos Dominguez III has said S&P Global’s recent credit rating upgrade to "BBB+" for the Philippines would mean lower borrowing rates for both foreign and domestic investors doing…
The Philippines is prepared to return 69 container vans of garbage to Canada by May 15 but bureaucratic red tape in the Canadian government has slowed down the process of…
Finance Secretary Carlos Dominguez III has said the recent upgrade by S&P Global Ratings on the Philippines’ credit standing signals international confidence in the Duterte administration’s prudent fiscal management and…
