The DOF said the new law that cut transaction costs for key investment products should encourage Filipinos to diversify their portfolios.

The Department of Finance will refile measures seeking to amend the charters of the Land Bank of the Philippines and the Development Bank of the Philippines in the 20th Congress.

he Department of Finance  is urging Filipinos to explore more investment opportunities, now that a new law has made investing cheaper and more accessible.

THE Department of Finance (DOF) has pushed for a reform of the international financial architecture (IFA) to better represent middle-income countries and enhance access to development finance. DOF ...

PETALING JAYA: Irregularities and possible policy breaches by the Fisheries Department (DOF) have been found in its approval of fishing vessel transfer ownership, says the Enforcement Agency ...

The Department of Finance (DOF) on Sunday said it is looking into amplifying its public information campaign following the spread of viral posts on interest income.

The Department of Finance clarifies that the 20% tax under CMEPA applies only to bank interest income, not to savings. The reform aims to fix unfair tax breaks for the wealthy and streamline ...

The DOF issued the clarification after several online posts claimed that the CMEPA introduced a 20% tax on interest income.

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Banks this month started to implement the uniform 20% final withholding tax (FWT) on interest income, regardless of the term or currency denomination, in line with the passage of the Capital Markets ...

Finance Secretary Ralph Recto said they are currently studying the imposition of stricter rules to further regulate online gambling.

MANILA, Philippines — President Ferdinand Marcos Jr. will not object to the Department of Finance’s (DOF) proposed tax on online gaming operators, as long as it is backed by sufficient ...