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Clean and accessible water for Filipinos in underserved areas with EUR212.7 million World Bank financing

The Department of Finance (DOF) has secured EUR212.7 million (around PHP 14.98 billion) worth of financing from the World Bank – International Bank for Reconstruction and Development (WB-IBRD) to ...
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Credit Information Corporation remits first-ever dividend, generating resources for national development

The Credit Information Corporation (CIC) has remitted a total of PHP 169.64 million in dividends to the National Government, ...
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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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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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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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Procurement of Compact Desktop Computers for the DOF Frontline Employees – IB No. 2026-07-G

Procurement of Compact Desktop Computers for the DOF Frontline Employees – IB No. 2026-07-G ...
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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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Recto to Cebu biz leaders: We will guard your trust, protect your investments, and deliver on our promises

Finance Secretary Ralph G. Recto assured Cebu’s business community that under the Marcos Jr. administration, their trust will be safeguarded, their investments protected, and promises will be ...
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DOF: Idle government funds should be used to benefit 115 million Pinoys

With the government working to provide for the urgent needs of 115 million Filipinos, it is imperative that it mobilizes unused and idle funds so that these can be tapped to finance priority ...
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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, ...