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PHL economy poised to sustain growth momentum

By Melissa Luz T. Lopez, Senior Reporter THE Philippine economy will maintain an above-6% expansion in 2018 supported by “broad-based” growth drivers, a local think...

Banks told to craft cyber risk management strategies

BANKS must craft new strategies on information security to manage, detect, and respond to cyber-attacks which could bog down operations, as part of tighter...

BSP net income falls on lower fee-based revenues

By Melissa Luz T. Lopez, Senior Reporter THE CENTRAL BANK’S operations remained profitable as of end-September, although net income slipped from a year ago on the...

Indonesia’s Finance chief says no stigma in China links

JAKARTA -- Indonesia is open to all foreign investment and any stigma attached to China is likely driven by a lack of information or...

PPP to continue to take back seat to state funding —...

NOTWITHSTANDING calls by Philippine and foreign business groups for the government to put public-private partnership (PPP) arrangements back at the forefront of its infrastructure...

Taxmen hone focus on select goods amid anti-smuggling drive

THE GOVERNMENT has ordered taxmen “to train their sights” on certain commodities as it steps up its crackdown on big-time smugglers, the Department of...

Samurai bond issue targeted for 2018 — DoF

THE GOVERNMENT could issue yen-denominated debt, or “samurai bonds,” next year, Finance Secretary Carlos G. Dominguez III said. “I suppose the direction I am thinking,...

DoF conducts lifestyle check

By Elijah Joseph C. Tubayan Reporter THE DEPARTMENT of Finance’s (DoF) legal team is conducting a lifestyle check on people of its attached agencies -- including...

EU looking to propose stronger monitoring of UK financial firms after...

BRUSSELS — The European Commission was set to propose later on Wednesday stricter controls of foreign financial firms that do business in the European...

DoF defers submission of 2nd tax reform package

THE DEPARTMENT of Finance (DoF) will defer submission to Congress of the second of up to five tax reform packages, as it focuses all...