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What to expect from Sec. Ralph Recto leadership at DOF

Former senator, former NEDA Secretary, congressman, and deputy speaker until this week, and now Secretary of the Department of Finance (DOF), Ralph Recto has a colorful and multiple experience in both the Legislative and Executive branches of the government......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Diokno turns over DOF helm to Recto

Secretary Ralph Recto started the ball rolling as he formally took over the helm of the Department of Finance, with former DOF chief and now Monetary Board member Benjamin Diokno handing over the agency in a simple ceremony yesterday......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Philippines approved investment projects up 73 pct in 2023

MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»

Category: newsSource:  manilanewsRelated NewsJan 14th, 2024

Xinhua world economic news summary at 0900 GMT, Jan. 14

MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»

Category: newsSource:  manilanewsRelated NewsJan 14th, 2024

Philippines approved investment projects up 73 pct in 2023

MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Xinhua world economic news summary at 0900 GMT, Jan. 14

MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Diokno proud to leave DOF in better state of affairs

"I am proud knowing that I will be leaving my post at a time when the Philippine economy, in general, and the DOF, in particular, are in a better state of affairs than when I inherited them.".....»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

Tax credit scam: 5 ex-DOF execs get 8 years

The Sandiganbayan has affirmed the conviction of five former officials of the Department of Finance for graft over the multibillion-peso tax credit scam in the 1990s......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2024

India among Asian countries hit by heatwave in 2003: UN report

Geneva (Switzerland)/ Bangkok (Thailand), April 23 (ANI): Asia was among the world's most disaster-hit region from weather, climate and water hazards in 2023, the United Nations said on Tuesday, with floods and storms the chief cause of casualties. Floods and storms caused the highest number of reported casualties and economic losses in Asia, while the impact of heatwaves became more severe, according to a report launched.....»»

Category: newsSource:  manilanewsRelated NewsApr 23rd, 2024

India among Asian countries hit by heatwave in 2023: UN report

Geneva (Switzerland)/ Bangkok (Thailand), April 23 (ANI): Asia was among the world's most disaster-hit region from weather, climate and water hazards in 2023, the United Nations said on Tuesday, with floods and storms the chief cause of casualties. Floods and storms caused the highest number of reported casualties and economic losses in Asia, while the impact of heatwaves became more severe, according to a report launched.....»»

Category: newsSource:  manilanewsRelated NewsApr 23rd, 2024

Stocks up, peso breaches 56:$1

The stock market posted slight gains yesterday as it tracked upswing in US markets, while the peso weakened and breached the 56 to $1 barrier......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Peso underperformance likely to continue – MUFG

The Philippine peso may continue to underperform against the dollar this quarter amid the country’s wide current account deficit and expensive foreign exchange valuations, Tokyo-based MUFG Bank said......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Sayonara and Kon’nichiwa

“Most challenging, most wonderful, most exciting, most valuable, and most meaningful,” was how former Toyota Motor Philippines president Atsuhiro Okamoto described his four-year stint in the Philippines as he gave his farewell speech last Tuesday, Feb. 20, at the Grand Hyatt Hotel during the formal turnover of the TMP presidency to his successor, Masando Hashimoto......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Philippines among most friendly markets for consumer brands in AsPac

The Philippines is among the most friendly markets in Asia Pacific (AsPac) for incumbent consumer brands, according to global consultancy Bain and Co......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says

The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»

Category: newsSource:  metrocebuRelated NewsApr 2nd, 2024

DA confident of PH’s stable fish supply in the coming months

DA confident of PH’s stable fish supply in the coming months.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

DA confident of PH’s stable fish supply in the coming months

DA confident of PH’s stable fish supply in the coming months.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

DA confident of PH’s stable fish supply in the coming months

DA confident of PH’s stable fish supply in the coming months.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

DA confident of PH’s stable fish supply in the coming months

DA confident of PH’s stable fish supply in the coming months.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

Aurora declared stable internal peace, security

Aurora declared stable internal peace, security.....»»

Category: newsSource:  sunstarRelated NewsMar 16th, 2024