Q3 GDP forecasts by private analysts out of range—DOF

Analysts from 26 private institutions have failed to correctly forecast the better-than-expected 7.1 percent year-on-year growth of the economy in the third quarter, with the closest projection at 6.5 percent,…

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BIR, SEC team up to strengthen taxation, regulation of Fintech companies

The Securities and Exchange Commission (SEC) and the Bureau of Internal Revenue (BIR) are working together to ensure that financial technology (Fintech) companies in the country are properly regulated and…

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Dominguez sees MDBs playing pivotal role in tapping private sector funds for climate adaptation, mitigation projects of vulnerable countries

GLASGOW—Philippine Finance Secretary Carlos Dominguez III has urged multilateral development banks (MDBs) to adopt a harmonized set of guidelines for vetting climate adaptation and mitigation projects, which will serve as…

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Global Energy Alliance eyes renewable energy projects in the Philippines

GLASGOW—A new private sector-led global organization that has committed an initial US$10 billion to help accelerate the implementation of clean energy projects in developing economies highly vulnerable to climate change…

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DOE outlines PHL Energy Sustainability Path at COP26 event

GLASGOW – The Philippine Department of Energy (DOE) has outlined its envisioned path towards a sustainable energy future during the Energy Transition Partnership event at the 26th United Nations (UN)…

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