Finance

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Friday, 5 July 2024
10 Jun 2024
9:56AM

French loans to help ease PH poverty, says Finance chief

Finance Secretary Ralph Recto on Monday announced a landmark government-to-government agreement between France and the Philippines, focusing on financial and development cooperation.
22 Apr 2024
4:54PM

DragonFi Securities rolls out super app

DragonFi Securities Inc., the stockbrokerage house of tycoons Edgar “Injap” Sia II and Tony Tan Caktiong, rolled out the country’s newest investment super app.
20 Apr 2024
10:17AM

UnionBank targets P10 billion raise, pushes expansion despite 15-month share downturn

The Aboitiz Group’s UnionBank of the Philippines is raising up to P10 billion through the sale of shares to existing stockholders—an exercise known as a stock rights offer.
18 Apr 2024
8:17AM

Recto Urges IMF, World Bank to Act Against Rising Postpandemic Poverty

Finance Secretary Ralph G. Recto highlighted the dire economic state of developing nations, noting that one in four is now poorer than before the start of the pandemic.
17 Apr 2024
8:09AM

World Bank Backs Philippines in Tax Digitalization Drive — DOF

Finance Secretary Ralph G. Recto has successfully garnered support from the World Bank during the WB-IMF Spring Meetings for the digitalization of tax administration in the Philippines, the Finance department said on Wednesday.
12 Apr 2024
8:05AM

Philippines Jobless Rate Drops, Boosting Poverty Reduction Goals

Finance Secretary Ralph G. Recto on Friday highlighted the notable decrease in the Philippines' unemployment rate, which fell to a remarkable 3.5% in February 2024 from 4.8% the previous year.
2 Apr 2024
3:34PM

DOF ‘green lane’ fast tracks two Razon green power projects

The Department of Finance has expedited approvals for two significant green power projects owned by Enrique Razon's Prime Infrastructure Capital Inc. in Luzon, marking a leap towards the Philippines' clean energy transition.
1 Apr 2024
11:58AM

Recto Urges Empathy for Grassroots in DOF Policies

Finance Secretary Ralph G. Recto has called for the Department of Finance (DOF) to set fiscal policies with more empathy toward people at the grassroots, in an effort to ensure that the economy benefits every citizen.
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