Government debt dips to 37.6 percent
The general government (GG) debt showed significant improvement as of the end-June this year, the Department of Finance (DoF) said Friday.
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14 results for “Department of Finance (DoF)”
Unified stand on vapes tax lauded
The Department of Finance (DoF) has thanked Senate ways and means chairman Sen. Pia Cayetano and House ways and means chairman Albay Rep. Joey Salceda, for…
BRIEFS: DoF cites spex top paying oil and gas firm
The Department of Finance (DoF) recognizes Shell Philippines Exploration B.V. (SPEX), the operator of Malampaya Deepwater Gas-to-Power Project, as top paying…
Further transparency on firms eyed
There is greater emphasis for companies in the mining and oil sector to disclose in full their beneficial owners to regulators, the Department of Finance (DoF)…
Phl, China ink 6 bilateral accords
The Department of Finance (DoF) on Thursday said the governments of the Philippines and the People’s Republic of China have signed and exchanged six bilateral…
Gov’t dead set on lifting deposit secrecy
Following the joint endorsement of the Bangko Sentral ng Pilipinas (BSP) and the Department of Finance (DoF) on lifting the banks’ deposit secrecy provisions,…
DoF to plug revenue leakages in BoC
The Department of Finance (DoF) continue to up its efforts in plugging the leakages incurred in the Bureau of Customs’ (BoC) revenue collections, Finance…
Congress urged to pass budget on time
Department of Finance (DoF) Secretary Carlos Dominguez called on Congress to pass the 2020 national budget bill on time following the sparring of leaders of…
DoF helps autonomous region craft fiscal policy
The newly established Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) is receiving expert help from the Department of Finance (DoF) to ensure its…
‘No job dislocation under TRABAHO’
The proposed dismantling of the business incentives infrastructure is revenue-neutral and should not result to any massive job dislocation, the Department of…
Incentives to non-profits stay
The Department of Finance (DoF) clarified that non-profit private schools and hospitals that perform well and adhere to high standards of service would…
Economy to grow faster in 2nd half – Dominguez
The Department of Finance (DOF) remains optimistic that the economy will grow faster in the second half on the back of larger investment inflows and exports,…
‘Inherently profitable’ firms still enjoy tax perks
The Department of Finance (DoF) said a number of inherently profitable multinationals continue to enjoy tax incentives even as the agency identified at least…
FDI inflows up 43.5% in 1st quarter
The Department of Finance (DoF) reported that net foreign direct investors (FDI) inflows rose 43.5 percent to $2.2 billion in the first quarter of 2018…