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Bankers, MVP laud Marcos Cabinet appointments

ABS-CBN News
Posted at May 27 04:27 PM

Bankers and tycoon Manny Pangilinan commended the appointment of 'notable economists' in the Cabinet of President-elect Ferdinand Bongbong Marcos Jr. Read more »

Next DOF chief optimistic of economy despite headwinds

Jessica Fenol, ABS-CBN News
Updated as of May 27 11:07 AM

BSP Governor Benjamin Diokno, who is also the incoming finance chief, is not worried about the national debt due to the country's stronger economy. Read more »

Why Diokno accepted offer to become next Finance chief

Jessica Fenol, ABS-CBN News
Posted at May 27 09:42 AM

Bangko Sentral Gov. Benjamin Diokno on Friday said he accepted the post of Finance Secretary so he can further serve the country, which is currently facing economic challenges. Read more »

Diokno tapped as Marcos Jr.'s finance secretary

ABS-CBN News
Posted at May 26 11:11 PM

The economic team of Philippine president-elect Ferdinand "Bongbong" Marcos Jr. takes shape. Read more »

BSP may hike benchmark again by 25 bps in June

Warren De Guzman, ABS-CBN News
Posted at May 26 06:14 PM

Bangko Sentral ng Pilipinas Governor Benjamin Diokno on Thursday said they may hike the benchmark rate by another 25 basis points in June. Read more »

Proposed new taxes up to Marcos: Malacañang

ABS-CBN News
Posted at May 26 05:37 PM

President-elect Ferdinand "Bongbong" Marcos Jr will decide on whether to push through with the Finance Department's tax proposals, Malacañang said Thursday. Read more »

BSP's Benjamin Diokno is Marcos Jr's pick to head DOF

ABS-CBN News
Updated as of May 26 11:17 AM

Bangko Sentral ng Pilipinas Governor Benjamin Diokno was chosen by presumptive President Ferdinand Bongbong Marcos Jr to head the Department of Finance (DOF). Read more »

Finance department proposes new taxes to pay off PH debt

ABS-CBN News
Updated as of May 26 05:06 PM

The finance department proposed new and higher taxes to enable the country's new government to tackle a ballooning debt. Read more »

BIR to inspect BPO compliance with on-site work order

ABS-CBN News
Posted at May 18 04:18 PM

The BIR has created a task force to inspect the compliance of BPOs with the order to return to on-site work, the Finance Department said Wednesday. 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 Islamic banking moves forward with Shari'ah board

Warre de Guzman, ABS-CBN News
Posted at May 04 03:08 PM

BSP Deputy Governor Chuchi Fonacier said the establishment of the board is a great step forward for all of the founding members. 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 »

PH, Japan ink P12.3-B loan for COVID-19 response: DOF

ABS-CBN News
Posted at Apr 26 03:05 PM

The Philippines and Japan signed a deal for a 30-billion yen (P12.3 billion or $234.36 million) loan support for the country's recovery from the pandemic. Read more »

DOF unveils Subic Bay development master plan

ABS-CBN News
Posted at Apr 26 01:52 PM

The DOF has unveiled the Subic Bay Regional Development Master Plan which was finalized with the assistance of the Japan International Cooperation Agency. Read more »

Mga guro umalma sa 20% buwis sa election honorarium

ABS-CBN News
Posted at Apr 22 03:29 AM

Para sa isang grupong nagsusulong ng karapatan ng mga guro sa bansa, hindi na dapat kaltasan ang honorarium at allowance sa darating na eleksyon. Read more »

FIRB eyes rationalizing POGO fees, Finance Dept says

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

The Fiscal Incentives and Review Board will explore rationalizing the "huge" and varying fees collected by investment promotion agencies from POGOs. Read more »

Support for investment promotion agencies hit P58-B in last 5 years: DOF

ABS-CBN News
Posted at Apr 18 02:44 PM

The Fiscal Incentives Review Board has released a total of P58 billion in budgetary support for investment promotion agencies (IPAs) from 2017 to 2021. Read more »

PH launches sustainability Samurai bonds in Japan

ABS-CBN News
Posted at Apr 13 12:00 PM

The Philippines has launched its first sustainable Samurai bond, or yen-denominated bonds, in Japan, The Bureau of Treasury said. Read more »

BSP 'on track' to digitalize 50 pct of payments by 2023

Jessica Fenol, ABS-CBN News
Posted at Apr 05 02:22 PM

Bangko Sentral ng Pilipinas Governor Benjamin Diokno on Tuesday said the Philippines is on track to meet its goal of digitalizing 50 percent of payments by 2023. Read more »

PH debt-to-GDP ratio seen to decline as pandemic fades

Jessica Fenol, ABS-CBN News
Posted at Apr 05 02:05 PM

The National Government's debt reached P12.09 trillion in February 2022. Read more »