Finance

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...

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

DOF PR/PNA MANILA -- 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...

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