
DoF bares mega ‘idle’ assets sale
‘The assets we are privatizing are no longer productive and continue to drain the national government’s resources through management, security, and maintenance…
· 2 min read
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‘The assets we are privatizing are no longer productive and continue to drain the national government’s resources through management, security, and maintenance…
· 2 min read

The Department of Finance (DoF) said the government aims to monetize 28,665 non-performing assets through the Privatization Management Office (PMO).
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The Bangko Sentral ng Pilipinas (BSP) approved last year a lower amount of total foreign borrowings by the national government worth P13.68 billion, down from…
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To mitigate risks from foreign exchange, Recto said the government will mostly borrow from domestic sources for an 80 percent share of the total debt
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It would appear that President Trump is a practical person. He’ll probably increase tariffs on countries with immigration issues or countries with high trade…
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Peso depreciation against the US dollar mainly contributed to the higher debt, as the local currency weakened from P58.198 per dollar to P58.602
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‘We don’t expect Maharlika itself to run projects. Rather we expect these potential joint ventures to take over and we will stand behind them as a major…
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Rest assured, we are working non-stop to strengthen the efficiency, transparency and integrity of our tax system to inspire trust and compliance among our…
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Marcos aims to sign the budget before the end of the year to avoid any disruptions in government functions in 2025
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Several residents of Manila have sought refuge on the sidewalks of Recto Avenue, near the Recto LRT Station, following a fire that engulfed a residential area…
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Two-time Famas Best Actress winner Nadine Lustre is honored to co-star in the movie Uninvited with industry legends Vilma Santos Recto and Aga Muhlach.
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ADB announced that multilateral development banks aim to distribute $120 billion in climate financing by 2030, of which $65 billion comes from the private…
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‘That is why here at COP29, the Philippines is aggressively pushing for bold actions and sustained, increased financing once and for all for countries that are…
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‘Let us not forget, it was a Filipina nurse in the UK who administered the world’s first Covid-19 vaccine’
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‘Lower US interest rates should create space for domestic monetary easing in many EMs, providing support to EM economic growth prospects, as well as reducing…
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‘We are very confident that our meetings left British investors with no doubt about the predictability, stability, profitability, and sustainability of doing…
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Recto expressed hopes to attract investments in manufacturing, digital industries, clean energy, and agriculture in increasing jobs in the country
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DoH is looking to build more health centers and hospitals and acquire more equipment and vehicles for health offices in local government units which all cost…
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