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Thursday, August 21, 2025

Tag: DOF

OFW remittances remain stable amid Israel-Iran conflict — Malacañang

The ongoing conflict between Israel and Iran has yet to significantly impact overseas Filipino worker (OFW) remittances, but the Philippine government remains on alert...

DOF prepares crypto tax framework

The Department of Finance (DOF) said Tuesday it will implement a crypto-asset framework aimed at combating cross-border tax evasion and illicit financial flows. The move...

DOF welcomes mining tax reform bill ratification

The Department of Finance (DOF) on Friday welcomed the ratification by the bicameral conference committee of the rationalization of the mining fiscal regime to...

DOF overhauls rules on balikbayan boxes

Finance Secretary Ralph Recto led an overhaul of customs regulations concerning “balikbayan” boxes, aiming to ensure the secure and timely delivery of these care...

LandBank declares record P33.5 billion in dividends to government

State-run Land Bank of the Philippines has declared P33.5 billion in dividends, its highest-ever dividend yield, with millions of Filipinos expected to benefit. The dividend...

Marcos gov’t inherits P12.79-t debt from past administrations

The Philippine government is focused on managing its substantial inherited debt by accelerating economic growth, aiming to bring borrowings down to a sustainable level...

Continuity at the DOF preserves economic gains

The economy persevered… despite the global headwinds and costly US tariffs. The business community, for a while, became fidgety over the courtesy resignations of members...

Committee watches gov’t financial institutions’ stability

Department of Finance Secretary Ralph Recto said he is closely monitoring the government financial institutions (GFIs) due to their crucial role in nation-building. Recto said...

New law expected to lift local capital markets—Recto

Department of Finance Secretary Ralph Recto on Friday lauded the enactment of Republic Act No. 12214 or the Capital Markets Efficiency Promotion Act (CMEPA),...

DOF lauded for role in FATF grey list exit

The Department of Finance (DOF) was among government agencies lauded by President Ferdinand Marcos Jr. for its key role in the Philippines’ successful exit...

DOF streamlines process for school incentives

The Department of Finance (DOF) issued revenue regulations streamlining the process for availing tax incentives in the education sector to entice private sector investment...

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