Finance

Senators laud Diokno’s appointment as BSP chief

By Filane Mikee Cervantes/PNA MANILA -- Senators on Tuesday welcomed the appointment of former Budget Secretary Benjamin Diokno as new governor of the Bangko Sentral ng Pilipinas (BSP), citing his "competence and...

Dominguez hopeful Bangsamoro region will drive Mindanao growth

DOF PR/PNA DAVAO CITY -- Finance Secretary Carlos Dominguez III expressed hope that the ratification of the Bangsamoro Organic Law (BOL), which would create a new autonomous region in Muslim Mindanao, would finally clear...

PH, JICA sign loan deal for metro-grade train system

By Joann Villanueva/PNA MANILA -- The Philippines will have its first metro grade train system, with the capacity to carry about one million passengers a day, by 2022. This, after Department of Finance (DOF)...

BSP, IMF host 1st reg’l dialogue on financial stability

BSP PR/PNA MANILA -- The Bangko Sentral ng Pilipinas (BSP) and the International Monetary Fund (IMF) are co-hosting the Inaugural Regional Dialogue on Financial Stability (FS) for ASEAN Central Banks on Jan. 21-22...

PSEi retakes 8,000-pt level, peso loses at trading week’s end

By Kris Crismundo /PNA MANILA -- The local stock market once again hit the 8,000-point level, reportedly inspired by a healthy United States market, which gained for three straight days. The Philippine Stock Exchange index...

DOF destroys seized cigarette-making machines

PR/PNA PORAC, Pampanga -- Finance Secretary Carlos Dominguez III underscored the need for heightened government vigilance against the illicit manufacture and sale of tobacco products, given that the increase in “sin” taxes has...

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