BSP raises term deposit facility volume offering

MANILA, March 6 -- The Bangko Sentral ng Pilipinas (BSP) on Wednesday raised the term deposit facility (TDF) volume to PHP270 billion. In a statement, BSP Deputy Governor Francisco Dakila Jr. said th... Read More

DOF pushes for rationalization of mining fiscal regime

MANILA, March 6 -- The Department of Finance (DOF) said it is pushing for a simplified mining fiscal regime. In a statement on Wednesday, the DOF said the revised proposal for the Rationalization of ... Read More

Inflation settles at 3.4% in February

MANILA, March 5 -- The government is intensifying its efforts to mitigate the effects of the El Nino phenomenon and help keep the inflation rate within target. The National Economic and Development A... Read More

BIR wins 'ghost receipts' case vs. Buildforce Trading Inc.

MANILA, March 4 -- Bureau of Internal Revenue Commissioner Romeo Lumagui Jr. said the BIR won the criminal case against the corporate officers and accountant of Buildforce Trading Inc. "Just this Feb... Read More

PBBM leads launch of VICT's expansion

MANILA, March 4 -- President Ferdinand R. Marcos Jr. on Monday led the launch of the expansion of the Victoria International Container Terminal (VICT) during the sidelines of his participation in the ... Read More

PH, Cambodia to boost rice supply cooperation

MANILA, March 4 -- The Philippines and Cambodia will boost rice supply cooperation, discussed during President Ferdinand R. Marcos Jr.'s bilateral meeting with Cambodian Prime Minister Hun Manet on th... Read More

PBBM leaves for Melbourne to attend ASEAN-Australia Special Summit

MANILA, March 3 -- President Ferdinand R. Marcos Jr. will reiterate the country's position on regional and international issues during the ASEAN-Australia Special Summit. President Marcos was invited... Read More

MIC eyes membership in global network of sovereign wealth funds

MANILA, March 1 -- The Maharlika Investment Corp. (MIC) is set to apply for Associate Membership in the International Forum of Sovereign Wealth Funds (IFSWF) to strengthen transparency and good govern... Read More

DOF leads G-24 technical meetings to tackle global challenges

MANILA, March 1 -- The Department of Finance (DOF), which currently sits as chair of the Intergovernmental Group of Twenty-Four (G-24) Board of Governors, recently led the G-24 Technical Group Meeting... Read More

Hot money outflows hit 76 million doller in January

MANILA, March 1 -- Foreign portfolio investments or hot money registered with the Bangko Sentral ng Pilipinas (BSP) through authorized banks recorded net outflows of USD76 million in January this year... Read More

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