DEC
16
2024

PBBM admin achieves multiple economic milestones in 2024, drives PH again as one of the fastest-growing economies in Asia

PRESS RELEASE The Marcos Jr. administration has made 2024 a banner year for economic achievements and has once again successfully positioned the Philippines as among the fastest-growing economies in Asia despite global challenges such as geopolitical tensions. “2024 is a year of
DEC
11
2024

Recto champions sound corporate governance with sustainability at its core to ensure inclusive growth 

PRESS RELEASE Finance Secretary Ralph G. Recto championed the central role of sound corporate governance anchored in sustainability in fostering inclusive growth across Asian economies during the Organization for Economic Cooperation and Development (OECD)-Asia Roundtable on
DEC
10
2024

Philippines and Lao PDR successfully conduct first round of negotiations for a double taxation agreement

PRESS RELEASE The Philippines and the Lao People’s Democratic Republic (PDR) successfully conducted the first round of negotiations for its  Double Taxation Agreement (DTA) on December 4-6, 2024 in Luang Prabang, Lao PDR. The Department of Finance (DOF) led the negotiations for
OCT
09
2024

Recto receives highest Asia CEO Award for public sector, dedicates prestigious recognition to DOF family

PRESS RELEASE Finance Secretary Ralph G. Recto has been chosen as this year’s Lifetime Contributor Awardee for the Public Sector—the highest recognition of the Asia CEO Awards—and has dedicated the prestigious accolade to the Department of Finance (DOF) family for its great
OCT
08
2024

Recto upbeat on 1.45M new jobs created for Filipinos in August, expects more employment opportunities for all as inflation drops and holiday season kicks in

PRESS RELEASE Finance Secretary Ralph G. Recto expressed optimism over the 1.45 million new jobs created for Filipinos in August 2024, anticipating even more employment opportunities as inflation drops to a four-year low and the holiday season approaches. “I am very glad of the