Finance

JAZA lauds Duterte admin for ‘boldness’ in infra, tax reform

The head of one of the Philippines’ leading business empires has lauded the Duterte administration for taking the unusually “bold step” of pushing tax reform and embarking on an ambitious infrastructure...

Foreign Direct Investments Surge Three-Fold in June 2017; First Semester Level Reaches US$3.6 Billion

Sept 11, 2017 - Foreign direct investments (FDI) grew by 182.7 percent to US$674 million in June 2017 from US$238 million for the same month in 2016, reflecting investors’ continued bullish...

Bangko Sentral ng Pilipinas Honors its Stakeholders in Region XI

The 2017 Awards Ceremony and Appreciation Lunch for BSP Stakeholders in Region XI was held at the BSP Davao Regional Office, Davao City on 12 September 2017. Monetary Board Member Antonio S....

DOF installing cybersecurity defense system

MANILA, Sept. 12 – The Department of Finance (DOF) is now putting in place a comprehensive cybersecurity defense structure that will span all DOF units and attached agencies to shield their...

DOF: P2.58-B facility available for feasibility studies project monitoring of LGUs’ PPP projects

Local government units (LGUs) planning to undertake big-ticket projects via the Public-Private Partnership (PPP) mode can tap a revolving facility with P2.58 billion in funds available for them to check the...

Remittances breach USD15-B mark in H1 2017

MANILA -- Bangko Sentral ng Pilipinas Governor Nestor A. Espenilla, Jr. on Tuesday said that personal remittances of Overseas Filipinos (OFs) rose by 6.8 percent year-on-year to USD2.8 billion in June...

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