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THE Department of Finance (DoF) has created a task group to address the lawsuits and other legal issues that are slowing the efforts to privatize state mining assets.
Japan Tobacco International (Philippines) Inc. (JTI) is looking to increase its tobacco purchases from local farmers to more than 4.6 million kilograms (kg) next year, according to the Department of Finance (DoF).
THE Department of Finance (DoF) has approved the rules governing tax and duty-free imports of medical supplies and donated devices for use in remote learning.
THE government’s economic reform program is being repositioned as a key element of the recovery and for attracting investment after the coronavirus disease 2019 (COVID-19) pandemic, the Department of Finance (DoF) said.
THE Department of Finance (DoF) is still considering privatizing government corporations involved in gaming to help raise more revenue, Finance Secretary Carlos G. Dominguez III said Wednesday, after a legislator proposed the sale of government assets as an alternative to raising taxes.
MAINTAINING “manageable” fiscal deficits and the balance of payments while keeping interest rates conducive to investment will help safeguard the economic recovery, the Department of Finance (DoF) said in an economic bulletin.
THE Philippines’ external debt relative to gross national income (GNI) is the lowest among its peer economies in the Association of Southeast Asian Nations, known as the ASEAN-5, according to the Department of Finance (DoF).
THE Department of Finance (DoF) said the Philippines is well-positioned with low levels of foreign debt load during the pandemic, which compares favorably with its standing during the Asian financial crisis, during which the debt load was more than double current levels.
THE Department of Finance (DoF) said the many demands on the government’s resources during the pandemic are forcing it to weigh the need to maintain a solid sovereign credit rating while also aiding hard-pressed small businesses.
THE Department of Finance (DoF) said it will take “legal and regulatory action” against digital-currency investment schemes claiming backing from government officials, including the Secretary of Finance himself.
THE Bureau of Customs (BOC) has processed 189 shipments of medical supplies and other emergency items needed for responses against coronavirus disease 2019 (COVID-19) as of Thursday.
THE peso was among the more resilient currencies in Asia amid rising uncertainty and volatility in global financial markets, the Department of Finance (DoF) said.
THE Department of Finance (DoF) projects tax collection from so-called “sin” products to jump over 20% to P332.3 billion this year, following another round of excise tax hikes on alcohol and tobacco products.
THE COUNTRY’S general government (GG) debt as a share of the economy rose in the first half, the Department of Finance (DoF) reported Friday.
THE finance department has formally proposed import liberalization for the sugar industry modeled on the opening up of the rice market, signaling a showdown for another key commodity as economic managers sought to make prices more competitive.
A LAW allowing small businesses to offer new types of assets as collateral will need to wait about six months for the establishment of an electronic registry, a Department of Finance official said.
THE Finance department has asked the Department of the Interior and Local Government (DILG) to crack down on towns and provinces that fail to keep residents from building homes in mining and quarrying areas.
DIVIDENDS from state-run firms reached P34.15 billion as of September and appear headed for a fresh banner year, the Department of Finance (DoF) said on Friday.
THE DEPARTMENT of Finance (DoF) has dismissed five Customs officials in the first eight months of the year, over “false declarations” in their Statements of Assets, Liabilities and Networth (SALN), and penalized more from other revenue agencies over administrative violations.
THE Department of Finance (DoF) questioned the financial capacity of San Miguel Holdings Corp., which hopes to build a proposed P735-billion airport in Bulacan as an alternative gateway to the Ninoy Aquino International Airport (NAIA).
THE DEPARTMENT of Finance (DoF) has invited Swiss businesses to set up shop in the Philippines, citing its attractive and growing consumer market, as...
By Melissa Luz T. Lopez, Senior Reporter THE GOVERNMENT will start handing out cash transfers to some 7.4 million households by March, with the P200...
By Melissa Luz T. Lopez, Senior Reporter THE Department of Finance (DoF) is eyeing to certify as urgent the second set of tax-related measures in...
THE DEPARTMENT of Finance (DoF) expects inflation to peak in October amid higher utility rates and fuel prices, before easing towards year’s end. In an...
THE DEPARTMENT of Finance (DoF) aims to finalize its planned excise stamp scheme for alcohol products by January, and expects the system to be...
THE government said it will move towards raising the standard of local government treasurers by making them pass certification exams. In a statement, the Department...