News

The Department of Finance (DOF) building is seen in this BusinessMirror file photo. The Department of Finance (DOF) and the United Nations Development Programme (UNDP) have launched a $4.5-million ...
Dubai Finance (DOF) signed Memorandum of Understanding with trading platform Crypto.com The agreement—formalised during the Dubai FinTech Summit—signals the emirate’s intent to support the ...
The Intergovernmental Fiscal Policy Board (IFPB) has resolved to commence the review of the Annual Block Grant (ABG) formula for the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), the ...
The Department of Finance (DOF) is pushing for the passage of excise tax on single-use plastics and the Government Revenues Optimization through Wealth Tax Harmonization (Growth) bill, as well as ...
This, after the Department of Finance (DOF) recently withdrew its proposal to increase capital gains tax, donor’s tax and estate tax. These would have generated P300 billion in much-needed ...
Data from the Department of Finance (DOF) proves that illicit trade is causing the government serious fiscal consequences. In 2024, the government's excise tax collections fell to P134 billion from ...
Currently, the Department of Finance (DOF) has no representation on the DBP Board, unlike on the board of Landbank, where the finance secretary automatically sits as chair. To boost its financial ...
The payments will be converted into dirhams and transferred to DOF accounts, according to the DOF. Amna Mohammed Lootah, director of digital payment systems regulation, stated that Dubai’s plan ...
THE Department of Finance (DoF) said it tied up with the United Nations Development Programme (UNDP) to launch a $4.5-million “accelerator” which will help enterprises scale up sustainable and ...
Last month, the Department of Finance (DoF) retracted its proposed amendments to the Capital Markets Efficiency Promotion Act (CMEPA), citing a favorable revenue performance in the first quarter. The ...
STATE-RUN FIRMS remitted P76 billion worth of dividends to the Treasury as of May, with the Department of Finance (DoF) expecting the final amount this year to exceed the 2024 total of P138.46 ...