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Finance chief: SEA Games budget 'spent well, not wasted'

ABS-CBN News
Updated as of Nov 21 01:07 PM

The New Clark City and its facilities were built “on time and within budget,” Dominguez said in a press briefing.    Read more »

Bong Go's CPA topnotcher son shuns working for finance chief Dominguez, gov't

Katrina Domingo, ABS-CBN News
Posted at Oct 23 08:11 PM

Senator Bong Go on Wednesday said his son, who earned the third-highest score in the recent Certified Public Accountant licensure examinations, declined an offer to work under Finance Secretary Carlos Dominguez. Read more »

Tax on offshore gaming revenues a 'good idea,' says finance chief

ABS-CBN News
Posted at Oct 22 02:45 PM

The finance chief was asked to comment on the proposed franchise tax on POGOs or Philippine Offshore Gaming Operations by Albay Rep. Joey Salceda, according to Dominguez's office, which released his statement on Tuesday. Read more »

Two foreign loans suspended under Duterte's order

Dharel Placido, ABS-CBN News
Posted at Sep 25 12:24 PM

MANILA - A loan supporting the Philippines’ bus rapid transit program and another meant to fund studies on climate change were affected by the order of President Rodrigo Duterte to to “suspend“ loans and grants from countries that sponsored and backed an inquiry into the Philippine war on drugs, Finance Secretary Carlos Dominguez III said Wednesday. Read more »

Finance chief calls on Congress to pass budget on time

ABS-CBN News
Posted at Sep 03 07:18 PM

Finance Secretary Carlos Dominguez on Tuesday called on Congress to pass the 2020 Budget Bill on time, after leaders of the House of Representatives earlier sparred over the measure.  Read more »

Dominguez defends Land Bank after Duterte hits lender

ABS-CBN News
Updated as of Jul 23 07:02 PM

Dominguez said he is in regular contact with the executives of Land Bank and was assured that they were making every effort to finance projects in the agriculture sector.  Read more »

Duterte jokes on how Diokno wound up in the Bangko Sentral

ABS-CBN News
Updated as of Jul 22 10:09 PM

President Rodrigo Duterte joked that he got tired of being told there was no budget for his projects, and so he decided to "throw" his budget secretary to the central bank.  Read more »

Finance chief denies 'egging' Duterte to meddle in speakership race

ABS-CBN News
Posted at Jul 05 12:22 PM

Finance Secretary Carlos Dominguez on Friday denied a lawmaker's accusation that he "egged or urged" President Rodrigo Duterte to back a term-sharing agreement among speakership contenders in the House of Representatives. Read more »

Pay taxes, Chinese workers in PH told

Dharel Placido, ABS-CBN News
Updated as of Jul 05 10:33 AM

MANILA – Senate President Pro-Tempore Ralph Recto on Friday said Chinese workers in the Philippines must pay income taxes, as the government aims to raise revenues to fund vital programs. Read more »

Cabinet meddling in speakership race, 'immoral, bordering on illegal': lawmaker

ABS-CBN News
Updated as of Jul 05 11:22 AM

The alleged meddling of Finance Sec. Carlos Dominguez and other Cabinet members in the speakership race is "immoral and bordering on illegal," Buhay Party-list Rep. Lito Atienza said Friday. Read more »

Cabinet members pinakiusapang huwag makialam sa speakership

ABS-CBN News
Posted at Jul 04 09:10 PM

Nababahala ang ilang kongresista na magkakaroon ng problema sa umpisa ng trabaho dahil sa pilian sa House Speaker.  Read more »

GSIS appoints officer-in-charge, freezes plan to sell port area land

ABS-CBN News
Posted at Jul 04 05:59 PM

MANILA - The board of the Government Service Insurance System (GSIS) has appointed an officer-in-charge following the resignation of Jesus Clint Aranas as president of the pension fund.    Read more »

Philippines to collect P2B in monthly taxes from offshore gaming

Bruce Rodriguez, ABS-CBN News
Updated as of Jul 01 05:00 PM

The government will start collecting income taxes from foreign workers in Philippine offshore gaming operators (POGO) in July, the head of President Rodrigo Duterte's economic team said on Monday. Read more »

PH is 'good ship' facing 'high waves,' Dominguez says of US-China trade spat

ABS-CBN News
Posted at Jul 01 12:01 PM

The trade spat is "affecting every country," Finance Secretary Carlos Dominguez said. The Philippines' exports to China form part of products that Beijing sells to other countries. Interest rates could also increase to factor in risks from the dispute, he said.   Read more »

Finance chief says PH can get 'A' credit rating in next 2 years

ABS-CBN News
Posted at Jun 07 11:21 PM

Twenty-two of the Philippines’ biggest business groups throw their support to economic managers' reform agenda. Read more »

Finance chief renews call for Senate to pass sin tax hikes

ABS-CBN News
Posted at May 26 08:43 AM

Raising so-called "sin taxes" to at least P60 per pack of cigarettes and at least P40 per liter of alcohol will help fill a funding gap for universal health care that could balloon to P426 billion in 2024, the head of President Rodrigo Duterte's economic team said. Read more »

Philippines to reclaim growth momentum with spending 'catch-up': finance chief

ABS-CBN News
Posted at May 24 01:25 PM

The "carefully crafted and bold" program aims to keep full year growth above 6 percent, said Dominguez, the head of President Rodrigo Duterte's economic team. Read more »

Senate to do 'best effort' on tobacco tax hike: Sotto tells Dominguez

ABS-CBN News
Updated as of May 24 10:46 AM

Finance Sec. Carlos Dominguez was notified in a caucus that the Senate did not have enough time to double the current P32 tobacco tax over 5 years, Senate President Tito Sotto said Friday. Read more »

Senate to open plenary debate on tobacco sin tax on Monday

Sherrie Ann Torres, ABS-CBN News
Updated as of May 23 12:21 PM

The plenary debate for proposed increases on the sin tax on cigarettes will start on May 27, a Senate official said Wednesday. Read more »

S&P upgrade a 'green light' for more investments: Dominguez

ABS-CBN News
Posted at May 08 01:11 PM

S&P Global has given its highest rating yet on the Philippines' debt. Read more »