On knowing potential presidential alter-egos Michael Henry Yusingco, LL.MPosted at Jan 21 08:44 PM Should we now require every presidential candidate to give voters an idea of what their cabinet would look like if they win the election? Read more »
Rice import duties hit P17.9 billion in 2021: Customs ABS-CBN NewsPosted at Jan 02 01:49 PM Some P17.9 billion in duties were collected from 2.8 million MT of rice shipments that entered the country from Jan. 1 to Dec. 10, 2021, the DOF said. Read more »
France lending 250-M euros for PH disaster response ABS-CBN NewsUpdated 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 »
DOF: Next admin will inherit financial challenges ABS-CBN NewsUpdated as of Dec 08 11:10 PM The Philippine finance department is preparing a transition plan to help the next administration weather the pandemic storm. Read more »
PH informal workers vulnerable to green economy push? Beh Lih Yi, Thomson Reuters FoundationPosted at Dec 03 06:23 AM In the Philippines, a government push to phase out jeepneys for more environmentally friendly public transport has met strong opposition. Read more »
PH debt hits record P11.97 trillion in October ABS-CBN NewsUpdated as of Dec 01 04:06 PM Since October last year, the government has added P1.9 trillion to the national debt. Read more »
House panel seeks to amend LandBank charter Zandro Ochona, ABS-CBN NewsPosted at Nov 10 07:12 PM On July 21, 1973, through Presidential Decree no. 251, the bank’s function was expanded, becoming the first universal bank in the country. Read more »
Finance dept eyes 30 pct rise in budget Bruce Rodriguez, ABS-CBN NewsPosted at Sep 15 06:08 PM The DOF is seeking a 30 percent increase in its budget next year, with the BIR again getting the lion’s share of the appropriations. Read more »
‘Secured’ doses kayang bakunahan lahat ng mga Pilipino Joyce Balancio, ABS-CBN NewsPosted at Aug 27 07:56 AM Nasa 13.3 milyong mga Pilipino na aniya ang fully vaccinated, habang nasa higit 18 milyon ang natanggap na ng first dose ng COVID-19 vaccine. Read more »
PH borrowings to drop to P2.25T in 2022: Finance chief ABS-CBN NewsPosted at Aug 26 03:49 PM The Philippine government’s borrowings will drop in P2.25 trillion in 2022 from the P3 trillion expected this year. Read more »
Lacson belies Finance chief's claim: Gov't yet to disburse 31.5 pct of Bayanihan funds Katrina Domingo, ABS-CBN NewsPosted at Jul 26 07:43 PM Sen. Panfilo Lacson on Sunday said the national government failed to spend 31.5 percent of the Philippines' P140-billion COVID-19 aid package, contrary to the claim of the Department of Finance (DOF). Read more »
DTI, private sector: PH can be e-commerce leader in Southeast Asia Jasmin Romero, ABS-CBN NewsPosted at Jul 23 01:52 AM MANILA - The government and the private sector believe the Philippines has a good chance of becoming an e-commerce leader in Southeast Asia. Read more »
Duterte's PR guy in 2016 polls may get P900K stint with finance dept ABS-CBN NewsUpdated as of Jun 21 06:06 PM The public relations consultant who served as President Duterte's social media strategist in the 2016 elections said on Monday that he has yet to sign a contract with the Dept of Finance after details about it were published. Read more »
S&P Global Ratings affirms Philippines' investment grade BBB+ rating ABS-CBN NewsPosted at May 27 08:40 PM Debt watcher S&P Global Ratings affirmed on Thursday the Philippines’ investment-grade credit rating of BBB+ with a stable outlook, saying the country’s economy was beginning to recover from the disruptions of the COVID-19 pandemic. Read more »
Duterte signs CREATE bill lowering corporate income taxes, vetoes some provisions Joyce Balancio and Jamaine Punzalan, ABS-CBN News Updated as of Mar 26 07:45 PM President Rodrigo Duterte has signed a bill that will reduce the corporate income tax rate in a bid to attract more foreign investments and help the Philippine economy recover from the coronavirus pandemic. Read more »
Dominguez ng DOF: Di pa nagagastos ang inutang na pambili ng COVID-19 vaccines ABS-CBN NewsPosted at Mar 23 07:15 PM Nagpaliwanag ang Department of Finance kung nasaan na ang inutang na pondo ng gobyerno para ipambili ng COVID-19 vaccines. Read more »
Dominguez: PH needs ‘more years’ to fully recover losses from pandemic Bruce Rodriguez, ABS-CBN NewsPosted at Feb 26 07:33 PM Finance Secretary Carlos Dominguez III said the local economy will need "more years" to go back to its pre-pandemic levels as the country continues to stagger from the impacts of COVID-19. Read more »
Savings from CREATE tax cuts to be re-invested back to the economy: business leaders Warren de Guzman, ABS-CBN NewsPosted at Feb 17 10:59 PM The country's top businessmen said the passage of a bill that will cut corporate taxes from 30 percent to 25 percent will attract not just foreign investors, but also re-investments from big local firms. Read more »
House, Senate ratify CREATE bill lowering corporate income taxes ABS-CBN NewsUpdated as of Feb 03 05:22 PM (UPDATE) The House of Representatives and the Senate ratified Wednesday a bicameral committee report on a bill that will reduce the corporate income tax rate in a bid to attract more foreign investments and help the Philippine economy recover from the coronavirus pandemic. Read more »
Bicam approves CREATE bill which lowers corporate income taxes ReutersUpdated as of Feb 02 12:16 AM MANILA (UPDATED) - A joint Philippine congressional panel approved on Monday a bill that will reduce the rate of corporate income tax in a bid to attract more foreign investment and help the coronavirus-hit Southeast Asian economy recover. Read more »