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Tag: Secretary Carlos Dominguez III

Finance asking for lower budget

The Finance Department asked Congress to approved its proposed 2019 budget of P18.68 billion after the House committee on appropriations endorsed it Thursday. The budget...

World Bank eyed to bankroll rehab

The Finance department said it is ready to tap the $500-million standby loan facility from the World Bank to support the rehabilitation of the...

Inflation seen easing up in 4th quarter

The Bangko Sentral ng Pilipinas expects inflation to slow down in the fourth quarter, even though the country can expect five to six more...

Philippines set to become upper middle-income economy by 2019

The sustained economic growth will enable the Philippines to join the ranks of upper-middle-income economies by 2019, the government’s economic managers said Tuesday. The economic...

Economic managers to brief finance sector

The government’s economic managers led by Finance Secretary Carlos Dominguez III will update economists and members of the regional financial community this week on...

FDIs jumped 42% to $5.8 billion in six months

Net inflows of foreign direct investments jumped 42.4 percent in the first half to $5.8 billion from $4 billion a year ago, the Bangko...

San Miguel unit asked on funding for Bulacan airport

Finance Secretary Carlos Dominguez III said Monday San Miguel Holdings Corp., the infrastructure arm of conglomerate San Miguel Corp., is not financially capable of...

Personal property law to boost growth

Finance Secretary Carlos Dominguez III said the signing into law of the Personal Property Security Act by President Rodrigo Duterte is vital to the...

BIR forms task force to watch sugar industry

The Bureau of Internal Revenue said Tuesday it formed a task force to monitor sugar stocks and shipments to ensure that correct taxes are...

Dominguez sees GDP expanding 6.8% this year

Finance Secretary Carlos Dominguez III is optimistic the economy will expand 6.8 percent this year despite the slower-than-expected expansion in the first half. Dominguez said...

Philippines asked to ease foreign restrictions

The Philippines receives the least amount of foreign direct investments in Southeast Asia because of constitutional restrictions on foreign ownership in several industries, Hongkong...

Philippines, China want to enhance trade

The Philippines and China are gearing up to bring bilateral relations to a higher level through enhanced cooperation in trade, investment and people-to-people exchanges,...

House panel sets Budget approval on October 12

The House of Representatives has set for Oct. 12 the approval of the proposed P3.757-trillion national budget for 2019 after the Executive department agreed...

Government asks China to join Marawi pledging session

The Philippine government invited China to participate in the pledging session in November to raise funds for the recovery and rehabilitation of war-torn Marawi...
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