Tag: DOF

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Philippines strengthens FDI data to attract more investments

Trade & Investments Context.ph Context.ph -
The Philippine government is strengthening its foreign direct investment (FDI) reporting system by linking key government databases, a move aimed at giving policymakers a clearer picture of investment flows while boosting transparency and investor confidence.

Government raises P1B from Makati property sale 

Property Context.ph Context.ph -
The government has raised P1 billion from the sale of state-owned condominium units and parking slots in Makati, giving a fresh boost to its privatization program as it looks to unlock more value from idle assets and generate additional non-tax revenues.

DOF says property tax reform gives LGUs flexibility on rates

Property Context.ph Context.ph -
The Department of Finance (DOF) sought to dispel concerns over the newly enacted Real Property Valuation and Assessment Reform Act (RPVARA), saying the measure does not automatically raise property taxes and instead gives local governments wide latitude to cushion any impact on taxpayers.

PH leads emerging markets in investor transparency, credibility rankings

Economy Context.ph Context.ph -
The Philippines has emerged as the top-performing emerging market for investor relations and one of the global leaders in sovereign debt transparency, a distinction the Department of Finance (DOF) said strengthens the country's appeal to foreign investors and could help unlock more investments, jobs and economic growth.

DOF calms LGU fears over property tax reform

Economy Context.ph Context.ph -
The Department of Finance (DOF) has assured local government units (LGUs) that the Real Property Valuation and Assessment Reform Act (RPVARA) will not automatically increase property taxes, seeking to dispel concerns that the landmark reform could burden taxpayers and undermine local fiscal autonomy.
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Central banks must adopt for AI era— BSP chief

Banking & Insurance 0
Central banks around the world must prepare to seize both the opportunities and navigate the challenges brought by artificial intelligence while upholding their key missions of keeping prices steady and financial systems secure.

STI Holdings’ assets climb 10% to P18.7B

Corporate 0
STI Education Systems Holdings Inc. (STI Holdings) grew its consolidated assets by 10 percent to P18.69 billion in the financial year ended June 2026, as strong tertiary enrollment and continued investments in campus infrastructure and education technology supported its financial performance.

Monde Nissin trims capex, targets premium noodle market growth

Corporate 0
Monde Nissin Corp. has reduced its 2026 capital expenditure budget to P5.4 billion from about P6.5 billion, prioritizing a new biscuit manufacturing plant in Northern Luzon as it navigates softer noodle volumes and intensifying competition from premium imports.

ERC issues show cause orders against power firms over excessive unplanned outages

Energy & Mining 0
The Energy Regulatory Commission (ERC) has stepped up its drive to keep electricity supply steady, issuing 24 show cause orders to 13 power generation companies whose facilities repeatedly went offline beyond allowed limits. Released on October 14, 2026, these orders require the firms to submit verified explanations on why their units exceeded the allowable equivalent unplanned outage limits set under existing reliability rules.

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