carlos-dominguez | ABS-CBN News

Japan confers awards on ex-DFA chief Del Rosario, 2 Duterte aides

Rowegie Abanto, ABS-CBN News
Posted at Nov 09 05:17 PM

Former Foreign Affairs Secretary Albert del Rosario and two Cabinet members of former President Rodrigo Duterte are among the Filipino recipients of Japanese government awards this year. Read more »

Finance veteran Ben Diokno primed to hold fort as Finance chief

Jessica Fenol, ABS-CBN News
Posted at Jun 30 11:09 AM

Incoming Finance Secretary Benjamin Diokno will need to keep money flowing for the projects of President-elect Ferdinand Marcos Jr while paying the country's huge debt. Read more »

Duterte cabinet highlights tax reforms Infra, COVID response

Anjo Bagaoisan, ABS-CBN News
Updated as of May 31 06:36 AM

With a month to go before Duterte steps down, cabinet officials said the country was in better shape compared to 2016. Read more »

DOF, BIR halt creation of special audit task forces

ABS-CBN News
Posted at May 21 09:20 PM

The Bureau of Internal Revenue (BIR) has suspended special orders creating special audit task forces to prevent duplication of functions, the Department of Finance (DOF) said Saturday. Read more »

Incentives board OKs tax perks for Subic shipyard rehab

ABS-CBN News
Updated as of May 10 05:04 PM

US-based private equity firm Cerberus Capital Management is funding the project with a total cost of P17 billion. Read more »

PH woos Singaporean investors

Jekki Pascual, ABS-CBN News
Posted at Apr 27 10:09 PM

Top Philippine officials urge Singaporean businessmen to invest in the Philippines citing the reviving economy and new fiscal reforms adopted by the country. Read more »

DOF: Govt to 'redouble efforts' for economic growth

Job Manahan, ABS-CBN News
Posted at Apr 05 02:47 PM

'In essence, we will continue working hard until the last hour of our mandate to contribute all that we can to our strong economic resurgence,' said Dominguez. Read more »

As gov't nixes WFH, BPOs say hybrid work is the future

Jessica Fenol and Art Fuentes, ABS-CBN News
Updated as of Mar 28 10:24 AM

As the government orders BPOs to end work-from-home setups, industry leaders say a hybrid office-remote work arrangement is key to keeping 'talents' happy and the sector competitive. Read more »

BPOs to lose tax perks with WFH scheme: Finance chief

ABS-CBN News
Posted at Mar 22 08:55 PM

Finance Secretary Carlos Dominguez III said IT-BPM firms in ecozones and freeports can adopt work-from-home schemes but must give up their tax incentives. Read more »

DOF chief urged to collect Marcos family's P203-B tax debt

Katrina Domingo, ABS-CBN News
Posted at Mar 22 06:11 PM

The camp of Aksyon Demokratiko standard bearer Isko Moreno Domagoso urged Finance Secretary Carlos Dominguez to order the BIR to collect the Marcos family's P203-billion tax debt. Read more »

Duterte wants P200 monthly ayuda raised to P500

Wena Cos, ABS-CBN News
Updated as of Mar 21 09:26 PM

President Rodrigo Duterte on Monday said the P200 monthly subsidy given to poor households should be increased to P500. Read more »

BIR says hit revenue targets of over P2 trillion twice

Jasmin Romero, ABS-CBN News
Posted at Mar 04 06:55 AM

According to the BIR, 523 ‘erring establishments were issued closure orders’ and were ordered to pay P2.946 billion. Read more »

Duterte admin laid groundwork for expansion: Finance chief

ABS-CBN News
Posted at Feb 23 03:49 PM

The administration of President Rodrigo Duterte has laid the groundwork for expansion with its "hard-won" reforms said Finance Secretary Carlos Dominguez. Read more »

Cutting debt is top task of next admin: DOF

ABS-CBN News
Posted at Feb 22 04:21 PM

Bringing down the country’s debt, which ballooned during the pandemic, should be the first task of the next administration, said Finance Sec. Carlos Dominguez III. Read more »

PH, Japan sign 253 billion yen loan for subway project

ABS-CBN News
Posted at Feb 10 09:40 PM

The Department of Transportation has said that the whole project is slated for completion in 2025. Read more »

PH to tap $80-M loan from World Bank for disaster response

ABS-CBN News
Posted at Dec 23 03:35 PM

The Philippines will draw $80 million (P4 billion) from the World Bank for disaster relief and rehabilitation following the onslaught of typhoon Odette Read more »

France lending 250-M euros for PH disaster response

ABS-CBN News
Updated as of Dec 20 04:58 PM

France is lending the Philippines 250 million euros or around P14 billion to aid the country's disaster risk response, the Department of Finance said on Monday. Read more »

Gov’t to borrow P300-B from BSP next year

ABS-CBN News
Posted at Dec 08 05:22 PM

Finance Secretary Carlos Dominguez III said Wednesday the government will borrow P300 billion from the Bangko Sentral ng Pilipinas next year. Read more »

PH debt hits record P11.97 trillion in October

ABS-CBN News
Updated as of Dec 01 04:06 PM

Since October last year, the government has added P1.9 trillion to the national debt. Read more »

Budget deficit rises to P1.2 trillion in October

ABS-CBN News
Posted at Nov 25 02:02 PM

The Philippines’ budget deficit rose to P1.2 trillion at the end of October as spending continued to outstrip revenues, the Bureau of Treasury said on Thursday. Read more »