DOF

25 Jun 2025

9:55AM

DOF chief calls for swift finalization of PH-HK customs cooperation pact

The Philippines and Hong Kong are moving toward finalizing a bilateral customs cooperation agreement that will enhance cross-border trade while clamping down on the entry of smuggled and illicit goods, the Department of Finance said.

19 Jun 2025

10:51AM

PH, HK push tax treaty to spur investment, enhance trade

The Philippines and the Hong Kong Special Administrative Region (HKSAR) have just completed the first round of negotiations for a comprehensive tax treaty and are now preparing for the next round of talks scheduled for October 2025.

18 Jun 2025

10:46AM

PH adopts crypto framework to fight tax evasion, curb illicit financial flows

The Philippines has committed to implementing an international tax reporting framework for crypto-assets by 2028, a move officials say could unlock new revenue streams as the government looks to broaden its tax base, combat cross-border tax evasion, and curb illicit financial flows.

5 Jun 2025

8:35AM

DOF signs memo opening doors wider to strategic, high-impact investments

To boost investor confidence and ease of doing business in the Philippines, the Department of Finance (DOF) has signed a Joint Memorandum Circular (JMC) aimed at streamlining investment procedures and accelerating the entry of strategic projects into the country.

2 Jun 2025

6:28PM

PH secures P15.7-B concessional climate financing from France

The Philippines has obtained €250 million (about P15.79 billion) in concessional financing from the French government through the Agence Française de Développement (AFD), according to Finance Secretary Ralph G. Recto.

23 May 2025

8:34AM

CDC turns over record P2.49B in dividends to National Treasury

Clark Development Corp. (CDC) has turned over P2.49 billion in cash dividends to the national government, boosting public funds earmarked for development projects and programs.

21 Mar 2025

9:35AM

Finance chief Recto: Insurance Commission must be tireless guardian of Filipino dream

Finance Secretary Ralph G. Recto has urged the Insurance Commission (IC) to go beyond its traditional regulatory mandate and embrace a transformative role as the "tireless guardian of the Filipino dream."

8 Nov 2024

10:15AM

Philippines joins new global initiative for sustainable finance and disaster resilience

The Department of Finance (DOF) has announced its intention to join the newly established Sustainable Finance Initiative (SFI), a global effort aimed at enhancing information-sharing and capacity-building on sustainable finance.

25 Oct 2024

10:13PM

Recto: Funds ready for swift relief and recovery in Typhoon Kristine-hit areas

The Finance chief said "adequate funds in the National Treasury” are earmarked for immediate disaster response and post-disaster recovery.