Posts Tagged Department of Finance

Dominguez tells DOF, attached agencies to prepare back-to-office plans

Robie de Guzman   •   October 22, 2021

MANILA, Philippines ­– Department of Finance (DOF) Secretary Carlos Dominguez III has ordered the department and its attached agencies and state corporations to prepare their respective plans on transitioning work...

Unemployed Filipinos rose to 3.88M in August — PSA

Aileen Cerrudo   •   September 30, 2021

MANILA, Philippines—The country’s unemployment rate in August 2021 was estimated at 8.1% , an increase from 6.9% reported in July. The Philippine Statistics Authority (PSA) reported on Thursday that the...

DOF assures enough funds for procuring vaccine supply

Aileen Cerrudo   •   June 15, 2021

MANILA, Philippines — The Department of Finance (DOF) on Tuesday (June 15) assured that the national government has enough budget to procure coronavirus disease (COVID-19) vaccine doses. During the hearing...

We have enough money to vaccinate entire adult population — Finance chief

Maris Federez   •   June 15, 2021

MANILA, Philippines — Department of Finance Secretary Carlos Dominguez III is confident that the country has sufficient funds to have the entire adult population of around 70 million and the...

DOF orders tighter watch on rice imports following tariff cuts

Robie de Guzman   •   June 7, 2021

MANILA, Philippines – The Department of Finance (DOF) on Monday ordered the Bureau of Customs (BOC) to keep a tighter watch on incoming rice imports to ensure the proper collection...

DOF: Temporary reduction of pork import tariffs ‘immediate, practicable’ solution to check inflation

Robie de Guzman   •   April 28, 2021

MANILA, Philippines – President Rodrigo Duterte’s order to allow more pork imports at lower tariffs for a temporary period is an “immediate and practicable” response to avoid price spikes, Department...

DOF urges Congress to support Duterte order to increase pork imports at lower tariff rates

Robie de Guzman   •   April 21, 2021

MANILA, Philippines – Department of Finance (DOF) Secretary Carlos Dominguez III has called on lawmakers to support President Rodrigo Duterte’s order to temporarily increase pork importations at lower tariff rates...

BIR, DOF urged to extend deadline for ITR filing

Robie de Guzman   •   April 7, 2021

MANILA, Philippines – Senator Nancy Binay on Wednesday called on the Bureau of Internal Revenue (BIR) and the Department of Finance (DOF) to reconsider their decision not to extend the...

BSP issues digital banking license for Overseas Filipino Bank

Robie de Guzman   •   April 5, 2021

MANILA, Philippines – The Overseas Filipino Bank (OFBank) has officially become the first branchless digital-only bank in the country’s history after securing a digital banking license from the Monetary Board...

Napocor, Transco eye electrification of 30K unserved, off-grid areas this year

Robie de Guzman   •   March 26, 2021

MANILA, Philippines – State-owned National Power Corp. (Napocor) and the National Transmission Corp. (Transco) are looking to add 45.31 megawatts of power capacity, 71.3 circuit kilometers (km) of transmission lines...

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