Thursday, January 1, 2026
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Tag: Finance department

Duterte creates new Finance unit

President Rodrigo Duterte created a specialized group at the Finance Department to provide strategic advice and research on fiscal policies in support of the...

Govt keen on selling Pagcor assets

The Finance Department said it is weighing all possible options on how to proceed with the privatization of state-run Philippine Amusement and Gaming Corp....

No infra golden age

The government’s much-hyped “golden age of infrastructure” may not happen under the administration of President Rodrigo Duterte. A decision by the Finance department to...

Automobile industry set to thrive amid tax reform

The progressive automobile tax plan under the comprehensive tax reform program will not affect the growth of the industry, a high-ranking official of the...

Inflation expected to peak in Q3 – ING

Inflation rate will likely average 3.4 percent this year, faster than 1.8 percent in 2016, on the back of higher food prices, ING Bank...

Increased remittances foster inclusive growth

HIGHER remittances from overseas Filipino workers significantly contribute to a wider financial inclusion and foster a more active micro-enterprises sector in the country, a...

Govt eyes DBP as infra bank

The Finance Department plans to transform state-run Development Bank of the Philippines into an infrastructure bank to help the Duterte administration in closing the...

DoF wants LandBank subsidiary in Bahrain

The Finance Department wants Land Bank of the Philippines to establish a subsidiary in Bahrain to assist Filipinos working there and facilitate trade with...

Liquor makers oppose tax increase

Liquor producers are pushing for a more simplified tax system in lieu of the current and the proposed tax increase. Olivia Limpe-Aw, president and chief...

Gokongwei supports tax reforms

JG Summit Holdings Inc. president Lance Gokongwei expressed his support for the Duterte administration’s Comprehensive Tax Reform Program, saying it is more equitable and...

House bill raises vehicle tax

Automobiles will be slapped a higher tax rate under the new version of the proposed Tax Reform for Acceleration and Inclusion Act, the Finance...

Finance expects stable inflation in 2017

The Finance Department said over the weekend it expects inflation rate to remain stable this year after settling at 1.8 percent in 2016.  Finance Undersecretary...

Tax liquor, not diesel, says solon

A PARTY-LIST lawmaker on Thursday urged the Finance and Budget departments to raise the value-added tax on so-called “sin products” instead of increasing the...

PH set to sustain growth this year

The Finance Department said it expects the Philippine economy to sustain its high growth this year, despite the “political noise” in the first six...
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