Philippines Secures Another Credit Rating Upgrade

NICE Investors Service lauds government reforms, rising infrastructure investments The Credit image of the Philippines got another boost with the latest positive rating action from NICE Investors Service, which cited…

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Department of Finance to Rationalize All Issuances

Finance Secretary Cesar V. Purisima signed a Department Order last 19 January 2016 rationalizing all issuances (e.g., Orders, Circulars, etc.) released by the Department of Finance, including all its bureaus…

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HMO Regulation Transferred from DOH to IC

In an Executive Order (EO) signed 12 November 2015, President Benigno S. Aquino III transferred the regulation and supervision over Health Maintenance Organizations (HMOs) from the Department of Health (DOH)…

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Financial Infrastructure Development Network (FIDN) Launched

PH collaborates with World Bank Group, OECD, business sector to revolutionize financing in Asia-Pacific MAKATI CITY, PHILIPPINES – The Philippines, host to the 2015 meetings of the Asia-Pacific Economic Cooperation…

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Philippines Slams World Bank Doing Business Report

Erratic, unsound methodology questioned-- risks hurting credibility and reliability of report MANILA, 28 October 2015— The Philippines today issued its strongest and loudest critique yet of the World Bank-International Finance…

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Php1B Climate Adaptation Fund Now Ready

Purisima: PSF an investment towards our future MANILA, 28 October 2015— The Climate Change Office is now ready to accept climate adaptation project proposals for funding under the People’s Survival…

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