Philippines seeks flexible AIIB financing for projects
The Philippines is seeking more flexible financing from the Asian Infrastructure Investment Bank (AIIB), including lower commitment fees, grants and technical…
· 2 MIN READ
Topic
Department of Finance
Department of Finance news — fiscal policy, revenues, debt, and economic management affecting the Philippines.
KKR eyes Philippine projects under Luzon corridor
Finance Undersecretary Ma. Angela E. Ignacio met with KKR Global Institute Partner and Chairman David H. Petraeus last 8 October to discuss financing for…
· 2 MIN READ
Italy eyes more investments in Luzon Economic Corridor
Italian investments could create jobs, bring new technologies to the Philippines, and strengthen infrastructure connecting businesses and communities as Italy…
· 2 MIN READ
CIC remits first-ever P169.64 million dividend to gov't
The Credit Information Corp. (CIC) has remitted P169.64 million in dividends to the National Government, marking its first dividend contribution since its…
· 2 MIN READ
ADB provides P48 billion health financing
The Philippine government has signed a JPY119.745-billion (around P48 billion) financing agreement with the Asian Development Bank (ADB) to support reforms…
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Philippines, Singapore conclude tax treaty talks
The Philippines and Singapore have concluded negotiations to update their tax treaty, seeking clearer rules for cross-border income and stronger cooperation…
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DOF, IMF develop new economic forecasting tool
The Department of Finance (DOF) and the International Monetary Fund (IMF) are working to integrate a new forecasting model into the department’s existing…
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DOF eyes ice cream, yogurt under SB tax
The Department of Finance (DOF) has proposed expanding the coverage of the country’s sweetened beverage (SB) tax to include ice cream, frozen yogurt and other…
· 2 MIN READ
DOF awaits DOE nod for fuel tax suspension
The Department of Finance (DOF) said it is awaiting certification from the Department of Energy (DOE) that Dubai crude prices have breached the $80-per-barrel…
· 2 MIN READ
NBI seeks disbarment of Paras, 4 others
The NBI has filed a disbarment complaint against former Rep. Jacinto Paras and four lawyers over an alleged “honey trap” plot targeting Executive Secretary…
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DOF begins progress on ProGRESS bill
The Department of Finance (DOF) said it has begun nationwide consultations on the proposed Promoting Growth, Revenue, and Equity toward Socioeconomic…
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Mindanao poised to drive next Phl growth
Finance Secretary Frederick Go positions Mindanao as a key growth engine, backed by investment reforms and stronger revenue collection in Davao.
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DOF welcomes critical minerals development framework
The Department of Finance (DOF) welcomed Executive Order (EO) No. 122, which establishes a national policy framework for the responsible development of the…
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Palace launches ‘all-out’ campaign against improper waste disposal
The Marcos administration is stepping up Metro Manila flood control and cleanup efforts, targeting clogged waterways, improper waste disposal and stronger LGU…
· 1 MIN READ
BBM rice continues every 2 months — Recto
Executive Secretary Ralph Recto said the government’s free rice program for poor Filipino families will continue every two months under President Marcos’…
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NBI eyes trafficking rap vs Leviste, Paras
The National Bureau of Investigation is expanding its probe into an alleged plot to frame Executive Secretary Ralph Recto, examining possible human…
· 2 MIN READ
Matibag rejects ‘political weaponization’ claims
NBI Director Melvin Matibag rejected allegations that the bureau is being politically weaponized, insisting investigations are driven by evidence, due process,…
· 1 MIN READ