Monday, May 4, 2026
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Tag: Finance Secretary

PH-Japan Meeting

Finance Secretary Frederick Go underscores the Philippines’ deepening diplomatic and economic partnership with Japan during the 42nd Annual Joint Meeting of the Philippine and...

Biz groups welcome Recto, Go to new roles in gov’t

Major business groups on Tuesday expressed strong support for the appointments of Executive Secretary Ralph Recto and Finance Secretary Frederick Go, saying the transition...

‘Ghost’ flood control projects cost Philippines P118.5 billion, steal jobs

Finance Secretary Ralph Recto said "ghost" flood control projects have cost the Philippine economy some P118.5 billion between 2023 and 2025. Speaking to reporters, Recto...

Revolut opens second Asia tech hub in the Philippines

Revolut, the UK-based financial technology firm, opened its second Global Tech Hub in Asia in the Philippines, an investment largely attributed to ongoing discussions...

Gov’t expects up to P6-billion revenue loss from zero tariff on US exports

The Philippines may incur an annual revenue loss of P3 billion to P6 billion due to a zero-tariff agreement on certain US exports, Finance...

New BSP head is critical to Duterte

Finance Secretary Carlos “Sonny” Dominguez III called it the “most important appointment” that President Rodrigo Duterte will make in his six-year term as the...

BSP post key – Dominguez

FINANCE Secretary Carlos Dominguez III said he has reminded President Rodrigo Duterte of the “most important appointment” he will make in his six-year term...

2 infra projects readied for funding under AIIB

The Finance Department on Monday said the government is preparing big-ticket projects for funding under the Beijing-led Asian Infrastructure Investment Bank, a week after...

Govt paying billions after losing court cases

The Finance Department on Monday blamed previous administrations for the additional tax burden being paid under the Duterte administration because of failed court cases. “The...

Manila seeking copy of bank heist report from Bangladesh

The government asked a high-level Bangladesh delegation for a copy of the results  of its investigation into the $81-million cyber heist to help recover...

PH wants higher exports to Spain

The government plans to increase exports of high-value goods, such as computer products and electronics, to Spain. Finance Secretary Carlos Dominguez III, who met Spain’s...

Finance plans 10% fixed tax on sugar

The Finance Department plans to impose a fixed tax of P10 per liter on all sugar-sweetened beverage regardless of form.  Finance Secretary Carlos Dominguez III...

Targeted subsidy

The Finance Department said Monday the low-income group will be safeguarded from any additional tax burden brought about by the proposed tax reform package. Finance...

Govt debt rises 2.3% to P5.98t

Government debt increased P135 billion or 2.3 percent to P5.98 trillion as of end-July from a year ago, led by higher foreign borrowings, data...
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