department-of-finance | ABS-CBN News

Finance chief says Marcos backs Landbank-DBP merger

ABS-CBN News
Posted at Mar 29 12:18 AM

The Philippine government proposes a merger of two major state-owned banks to form what would become the country’s largest bank in terms of assets. Read more »

4Ps beneficiaries look forward to cash aid anew

Jervis Manahan, ABS-CBN News
Posted at Mar 08 06:43 PM

Some beneficiaries of the 4Ps are looking forward to receiving the new batch of cash aid under the Targeted Cash Transfer. Read more »

Gov’t creates Cabinet-level panel on inflation, importation

Katrina Domingo, ABS-CBN News
Updated as of Mar 07 08:05 PM

The Inter-agency Committee on Inflation and Market Outlook will be co-chaired by the NEDA and Finance chiefs, Finance Secretary Benjamin Diokno said in a Palace briefing. Read more »

Department of Finance willing to fund con-con

RG Cruz, ABS-CBN News
Updated as of Mar 01 05:23 AM

Department of Finance Secretary Benjamin Diokno has committed to fund the implementation of a proposed constitutional convention. Read more »

Special powers para mapigilan ang taas-presyo ng pagkain inilutang

ABS-CBN News
Posted at Feb 28 09:13 PM

Inilutang sa Kamara na mabigyan ng dagdag-kapangyarihan ang pangulo para mapigil ang pagtaas ng presyo ng pagkain. Read more »

Finance chief says another round of 'ayuda' possible

Jekki Pascual, ABS-CBN News
Posted at Feb 25 01:26 AM

Finance Secretary Benjamin Diokno on Friday said there may be another round of cash assistance for poor Filipinos. Read more »

Foreign investment cap flagged as key roadblock in Philippines

Warren de Guzman, ABS-CBN News
Posted at Jan 23 10:17 PM

Philippine Economic Managers led by Finance Secretary Ben Diokno pitched the Philippines as a prime investment destination before prospective investors in Germany. Read more »

Ayuda sa mga sapul ng taas-presyo ng petrolyo, tapos na: DOF

Lady Vicencio, ABS-CBN News
Posted at Jan 18 04:29 PM

Kinumpirma ng DOF na tapos na ang Targeted Cash Transfer program para sa mga mahihirap na naapektuhan ng mataas na presyo ng petrolyo. Read more »

Diokno set to be replaced as Finance chief?

ABS-CBN News
Posted at Nov 23 12:32 AM

Philippine President Ferdinand Marcos Jr. dismisses rumors of the imminent replacement of Finance Secretary Ben Diokno, calling these “fake news”. Read more »

2023 budget ng DOF, NEDA aprubado na ng Senate plenary

Johnson Manabat, ABS-CBN News
Posted at Nov 10 12:01 AM

Aprubado na sa plenaryo ng Senado ang panukalang budget ng Department of Finance at ng National Economic and Development Authority. Read more »

Mga nasa 'middle class bracket' umaaray na rin sa mahal ng bilihin

ABS-CBN News
Posted at Nov 06 07:19 PM

Nanlulumo na rin pati ang mga nasa tinatawag na 'middle class bracket' sa pagsirit ng presyo ng bilihin dahil sa mataas na inflation rate. Read more »

Gov't agencies reject 'competitiveness fund' for PH footwear industry

Vivienne Gulla, ABS-CBN News
Posted at Oct 19 12:06 AM

The Department of Finance and the Bureau of Treasury (BTr) disagreed with the proposal to create a Competitiveness Enhancement Fund for the Philippine footwear, leather and tannery industries. Read more »

'Pilipinas delikadong malagay sa tourism blacklist ng China'

ABS-CBN News
Posted at Oct 11 08:14 PM

Maaaring malagay ang Pilipinas sa tourism blacklist ng China o ma-restrict ang mga turista mula China na pupunta dito sa Pilipinas dahil sa patuloy na operasyon ng mga POGO. Read more »

Buwis para sa mga bilyonaryo muling ipinanawagan

Raya Capulong, ABS-CBN News
Posted at Sep 23 03:14 PM

Sa halip na buwisan ang mahihirap sa pamamagitan ng VAT, isinusulong ng mga militanteng grupo na ipatupad ang wealth tax. Read more »

Gov't extends at-home setup for IT-BPM enterprises

ABS-CBN News
Updated as of Sep 10 08:35 AM

The existing work-from-home arrangement for Information Technology and Business Process Management (IT-BPM) enterprises has been extended, the Department of Finance (DOF) said Friday. Read more »

DOF reminds LGUs not to impose work tax on WFH employees

Wena Cos, ABS-CBN News
Posted at Aug 22 07:38 PM

Finance Undersecretary Antonette Tionko said the Department of Finance will issue a local finance circular which states that local government units cannot collect work tax from individuals who are working from home. Read more »

Senate body reviewing Duterte DOF's proposed taxes, hikes

Wena Cos, ABS-CBN News
Updated as of Jul 20 08:13 PM

The Senate's tax panel is reviewing measures earlier proposed by the administration of former President Rodrigo Duterte to pay the country's debts and sustain growth. Read more »

'Pagpataw ng dagdag na digital services tax, ipagpaliban muna'

ABS-CBN News
Posted at Jul 13 08:59 PM

Nakikiusap ang ilang online shopper at seller na huwag muna magpataw ng dagdag-tax sa digital purchases, gaya ng online shopping at streaming. Read more »

BOC to auction off 20 smuggled luxury cars

Niko Baua, ABS-CBN News
Posted at Jul 12 05:14 PM

The Bureau of Customs will no longer destroy smuggled luxury vehicles, according to Commissioner Rey Leonardo Guerrero. Read more »

Diokno explains Marcos' 'disbelief' over inflation rate

ABS-CBN News
Posted at Jul 06 11:38 PM

The Philippine finance chief tries to clear up confusion over remarks by President Ferdinand "Bongbong" Marcos Jr. who disputed the rise in the country's inflation. Read more »