Sunday, December 14, 2025
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Tag: Finance Secretary Carlos Dominguez III

PCIC now under supervision of IC

Finance Secretary Carlos Dominguez III has placed Philippine Crop Insurance Corp. (PCIC) under the supervision of the Insurance Commission (IC) to empower the latter...

LandBank center

Finance Secretary Carlos Dominguez III (fourth from left) and Land Bank of the Philippines president and chief executive Cecilia Borromeo (third from right) unveil...

DOF asks committee to prevent ‘double-dipping’ of coco levy trust fund

Finance Secretary Carlos Dominguez III ordered the interagency Trust Fund Management Committee, which is tasked to oversee the utilization of the coco levy trust...

PH withdraws from EITI, cites ‘biased’ allegations

The Philippines said Wednesday it withdrew its membership from the Extractive Industries Transparency Initiative on the international organization’s alleged questionable metrics and procedures for...

DOF denies double taxation on power sector

Finance Secretary Carlos Dominguez III denied Thursday that the power sector suffers from double taxation with the imposition of value-added tax on generation charge. Dominguez...

China extends P17.4-b loan to fund Samal-Davao bridge

China approved a 2.34-billion renminbi (about P17.39 billion) loan to finance the construction of a two-way, four-lane bridge connecting Davao City and the Island...

US firm obtains incentives on Hanjin shipyard project

The Fiscal Incentives Review Board chaired by Finance Secretary Carlos Dominguez III approved the grant of tax incentives to the P17-billion Project AGILA which...

PH, Korea finalize $56.6-m loan agreement on interisland bridges

The Philippines and South Korea on Wednesday exchanged copies of the agreement of the $56.6-million (about P2.94 billion) loan extended by the Export Import...

Gov’t endorses new blueprint for Subic Bay development

The Department of Finance announced on Tuesday the official endorsement of the Subic Bay Regional Development Master Plan, which was finalized with the assistance...

DOF lauds Cerberus buyout of Hanjin’s shipyard in Subic

Finance Secretary Carlos Dominguez III said the acquisition by United States private equity firm Cerberus Frontier of the former Hanjin shipyard at the Subic...

Investment agencies receive P58-b support

Investment promotion agencies received P58 billion as budgetary support from the national government in the last five years, the Fiscal Incentives Review Board chaired...

Dominguez: Proper land valuation is ‘right way’ to impose wealth tax

Finance Secretary Carlos Dominguez III said Monday proper land valuation is the “right way” to impose wealth tax on the rich. Dominguez in a statement...

5 investments worth P120b obtain incentives from DOF

The reconstituted Fiscal Incentives Review Board, chaired by Finance Secretary Carlos Dominguez III, approved in 2021 the grant of tax incentives to five big-ticket...

Dominguez pushes ASEAN cooperation

Finance Secretary Carlos Dominguez III urged his fellow finance ministers and the central bank governors in the Association of Southeast Asian Nations to explore...
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