Tag: DOF

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Philippines’ climate budgeting system gains regional traction

The Philippines’ Climate Change Expenditure Tagging (CCET) system is emerging as a regional benchmark as Southeast Asian governments move to treat climate risks as fiscal shocks and hardwire resilience into national budgets.

Philippines courts hybrid export hub with Mitsubishi

The Department of Finance said Monday the Philippines is on track to produce its first locally manufactured hybrid vehicles, as Mitsubishi Motors Corp. advances plans to set up dedicated hybrid electric vehicle (HEV) production at its Philippine unit’s plant in Santa Rosa, Laguna.

Philippines pushes inclusive, resilient ASEAN finance agenda

As this year’s chair of the Association of Southeast Asian Nations (ASEAN), the Philippines will steer a round of financial talks, setting the tone for deeper regional cooperation to boost economic activity and expand financial inclusion across Southeast Asia.

Philippines secures €200M for blue economy

The Philippines has secured €200 million in development financing from KfW Development Bank to protect marine ecosystems and expand economic opportunities for coastal communities.

Funds Flow Fast: MRT-3  upgrade accelerates 

The Department of Finance (DOF) has officially greenlit fresh fundings to revitalize the Metro Rail Transit Line 3 (MRT-3), signaling a bold leap forward for commuter convenience and urban mobility.

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Pax Silica pits silicon dreams against sovereignty concerns

Pax, the Roman goddess of peace, was often portrayed carrying an olive branch. Ironically, her modern namesake has arrived carrying semiconductor blueprints, investment pledges—and a healthy dose of controversy.

Filipino exporters showcase resilience at national trade fair

More than 200 Filipino exporters gathered under one roof this week, turning the Department of Trade and Industry's (DTI) Bagong Pilipinas National Exporters' Fair 2026 into a showcase of how local businesses are finding new opportunities despite an increasingly uncertain global trading environment.

Bounty Fresh targets emerging cities with restaurant expansion

Food producer Bounty Fresh Group is looking beyond the country's biggest urban centers for its next phase of restaurant growth, expanding into emerging cities and municipalities where competition is lighter and consumer demand continues to rise.

Petron to build P340-M fuel farm at Bohol-Panglao airport

Aboitiz InfraCapital Bohol Airport Corp. has awarded Petron Corporation the contract to design, build, operate and maintain a new Jet A-1 fuel farm at the Bohol-Panglao International Airport to support the facility’s rising passenger numbers and flight movements.

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