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Toshiba to invest billions in PH, expand electronics production capacity

Toshiba Corporation is set to expand its production capacity in the Philippines through a multi-billion-peso investment over the next three years, generating around 3,000 jobs and strengthening the ...
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DOF, ADB boost financial protections for Filipinos, businesses from financial crime

Combat illicit finance, strengthen the implementation of anti-money laundering and counter-terrorism financing measures—that’s the main goal of the regional technical assistance to be financed by the ...
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PH, ADB advance more responsive Universal Health Care for Filipinos

The Philippine Government, through Finance Secretary Frederick D. Go, has signed a JPY119.745-billion (around PHP48 billion) financing agreement with the Asian Development Bank (ADB) that will unlock ...
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PH-Singapore conclude tax treaty negotiations to support investment, economic growth

The Philippines and Singapore have just concluded the negotiations for its updated tax treaty, paving the way for a modernized tax framework governing cross-border economic activities between the two ...
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PH gains access to up to £5 billion UK financing support for priority projects

The Philippines and the United Kingdom (UK) have signed a Government-to-Government (G2G) Partnership that will strengthen financial and trade cooperation and provide access to up to £5 billion ...
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PH secures PhP2-Billion Australia grant to expand jobs and investment

The Governments of the Philippines and Australia are stepping up efforts to create more economic opportunities for Filipinos through the AUD45-million (around PhP2 billion) Promoting Growth, ...
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From first-timers to seasoned investors, Filipinos can invest in their future with RTB32

Finance Secretary Frederick D. Go welcomed the launch of the Bureau of the Treasury’s (BTr) 32nd Tranche of Retail Treasury Bonds (RTB32), which expands Filipinos’ access to investment opportunities ...
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Recto: PH job market recorded unprecedented progress with an average unemployment rate of 3.8% in 2024—the lowest level on record; quality jobs for Filipinos on the rise

Finance Secretary Ralph G. Recto welcomed the unprecedented progress in the Philippines’ labor market in 2024, with the full-year average unemployment rate at its lowest level of 3.8% since the ...
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Recto welcomes new law that will encourage ordinary Filipinos to invest in PH capital markets and promote inclusive growth

Finance Secretary Ralph G. Recto welcomes the enactment of Republic Act No. 12214 or the Capital Markets Efficiency Promotion Act (CMEPA), which will encourage ordinary Filipinos to invest in the ...
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PH to implement a framework on crypto-assets to combat cross-border tax evasion and illicit financial flows

The Department of Finance (DOF) has expressed the Philippines’ commitment to implement a framework on crypto-assets in order to combat cross-border tax evasion and illicit financial flows. This is in ...
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PH economy maintained steady growth in 2024 despite challenges; outlook for 2025 remains bullish driven by lower inflation, higher consumption, and investments

The Philippine economy has maintained a steady gross domestic product (GDP) growth of 5.6% in 2024—the second fastest in ASEAN—despite multiple challenges. The outlook for 2025 also remains bullish, ...
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Sec. Frederick Go announces LRT-2 PISO Fare for two weeks with the launch of cashless payments system

Finance Secretary Frederick D. Go has announced that holders of the MySSS Card powered by RCBC DiskarTech can avail themselves of the two-week PISO Fare promo during the launch of the LRT-2 cashless ...