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Gov't, foreign partners rush P67.9-B Marawi rehab

Manila, Feb. 14 -- Funding from both local and foreign sources have enabled the Duterte administration to fast track the extensive planning and preparations required for the PHP67.99-billion reconstru... Read More


Dominguez cites Japan's strong support for infra program

Manila, Feb. 11 -- Finance Secretary Carlos Dominguez III has underscored the "generous support" extended by Japan in helping jumpstart the Philippines' ambitious "Build, Build, Build" infrastructure ... Read More


DOF central office compliant with clean water requirements

Manila, Jan. 31 -- The ongoing refurbishment of the six-story building that houses the central office of the Department of Finance (DOF) along Roxas Boulevard in Manila now includes a state-of-the-art... Read More


Dominguez hopeful Bangsamoro region will drive Mindanao growth

Manila, Jan. 28 -- Finance Secretary Carlos Dominguez III expressed hope that the ratification of the Bangsamoro Organic Law (BOL), which would create a new autonomous region in Muslim Mindanao, would... Read More


Skilled workers, high growth make PH attractive to investors

Manila, Jan. 25 -- The Philippines' English-proficient and skilled labor force and the country's high growth prospects, rather than its tax incentives for businesses, make it an attractive destination... Read More


Dominguez bats for liberal regulatory system for Fintech

Manila, Jan. 10 -- Finance Secretary Carlos Dominguez III in a statement on Thursday underscored the need to put in place a liberal regulatory environment to enable financial technologies (Fintech), t... Read More


DOF sustains programs to cut red tape, improve EODB in 2018

Manila, Jan. 9 -- The Department of Finance (DOF) continued to spearhead programs on cutting red tape and improving the ease of doing business in 2018, with the government's online trading portal that... Read More


Road Board abolition in original tax reform proposal: DOF

Manila, Jan. 7 -- The abolition of the alleged corruption-plagued Road Board and the transfer of its funds sourced from the collection of the Motor Vehicle User Charge (MVUC) to the state's General Fu... Read More


PH success in offshore bond markets show confidence in Duterte

Manila, Jan. 3 -- Economic managers said the Philippines' successful bond issuances in the offshore bond markets in 2018 underscored the strong confidence of the international business community in th... Read More


Drive vs. smuggling, tax evasion shifts to high gear in 2018

Manila, Dec. 31 -- The government continued to intensify its campaign against smuggling and tax evasion through the combined efforts of the Bureaus of Customs (BOC) and of Internal Revenue (BIR) in 20... Read More