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Dominguez bats for liberal regulatory system for Fintech

Manila, Jan. 10 -- Finance Secretary Carlos Dominguez III in a statement on Thursday underscored the need to put in place a liberal regulatory environment to enable financial technologies (Fintech), t... Read More


DOF sustains programs to cut red tape, improve EODB in 2018

Manila, Jan. 9 -- The Department of Finance (DOF) continued to spearhead programs on cutting red tape and improving the ease of doing business in 2018, with the government's online trading portal that... Read More


Road Board abolition in original tax reform proposal: DOF

Manila, Jan. 7 -- The abolition of the alleged corruption-plagued Road Board and the transfer of its funds sourced from the collection of the Motor Vehicle User Charge (MVUC) to the state's General Fu... Read More


PH success in offshore bond markets show confidence in Duterte

Manila, Jan. 3 -- Economic managers said the Philippines' successful bond issuances in the offshore bond markets in 2018 underscored the strong confidence of the international business community in th... Read More


Drive vs. smuggling, tax evasion shifts to high gear in 2018

Manila, Dec. 31 -- The government continued to intensify its campaign against smuggling and tax evasion through the combined efforts of the Bureaus of Customs (BOC) and of Internal Revenue (BIR) in 20... Read More


DOF offices, attached agencies told to work with PACC

Manila, Dec. 27 -- Secretary Carlos Dominguez III has ordered all offices of the Department of Finance (DOF) and its attached agencies to closely coordinate with the Presidential Anti-Corruption Commi... Read More


Agriculture among top concerns of Duterte admin

Manila, Dec. 24 -- Finance Secretary Carlos Dominguez III said agriculture will remain among the top concerns of the Duterte administration for the rest of its term to fulfill its goal of raising farm... Read More


Debt management in good hands

Manila, Dec. 21 -- Senate Minority Leader Franklin Drilon expressed confidence in the capability of Finance Secretary Carlos Dominguez III and the rest of the economic team to ensure the sound and eff... Read More


Corporate tax reform to create 1.4-M jobs in 10 years

Manila, Dec. 6 -- The Duterte administration's tax reform package that aims to lower the corporate income tax (CIT) and overhaul the country's "convoluted" fiscal incentives system is projected to gen... Read More