Tag: DOF

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Philippines pushes inclusive, resilient ASEAN finance agenda

Banking & Insurance Context.ph Context.ph -
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

Agriculture Context.ph Context.ph -
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 

Transport & Logistics Context.ph Context.ph -
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.

BIR resets audits with tighter, fairer rules

Banking & Insurance Context.ph Context.ph -
The Bureau of Internal Revenue (BIR) is rebooting its audit regime, promising fewer surprises and more predictability for taxpayers as field audits officially resume. 

CARS incentives finally shift into gear 

Economy Context.ph Context.ph -
Government incentives under the Comprehensive Automotive Resurgence Strategy (CARS) Program could finally begin flowing this year, with funding initially sourced from declared savings of the Department of Public Works and Highways (DPWH).
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Globe tops NTC SMS test; posts strong speed, fewer drop calls 

Communications & Technology 0
Globe led the National Telecommunications Commission’s latest service quality tests, recording the highest SMS success rate at 99.41 percent — the only provider to pass the NTC’s 99 percent standard. Its call drop ratio hit just 0.74 percent, well below the 2 percent limit, while peak download speed reached 381 Mbps.

Cash still accounts for a fourth of PH e-commerce sales 

Banking & Insurance 0
Cash remains a major force in Philippine online shopping, with about 23 percent of all e-commerce transactions still paid through cash on delivery (COD), according to the Xendit Ecommerce Payments Momentum Report 2026. This figure is the highest in Southeast Asia—far above Vietnam’s 16 percent—even as COD shares drop sharply across much of the region.

Metro Manila water supply remains sufficient; NWRB urges simple conservation

Corporate 0
The National Water Resources Board (NWRB) confirmed Metro Manila’s water supply remains enough for now, but called on the public to practice proper usage as the country braces for a strong El Niño event.

BIR September collection hits P203.58B, up 11%

Economy 0
The Bureau of Internal Revenue (BIR) said tax collection in September reached P203.58 billion, an 11 percent increase from the P183.53 billion generated in the same month last year.

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