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'Loan talks for China-funded rail projects to resume soon'

The Department of Transportation expects negotiations with China for railway financing to resume soon, picking up momentum from the recent state visit of President Marcos to China.

Manila , Philippines , Japan , Philippine , Benguet , Metro-manila , Philippines-general- , Beijing , China , Bicol , Camarines-sur , Chinese

DPWH, DOF review ODA-funded infrastructure projects

The Department of Public Works and Highways worked with the Department of Finance for the conduct of a performance review on flagship infrastructure projects funded by foreign official development assistance last week.

Japan , Philippine , Benguet , Philippines , United-kingdom , Metro-manila , Philippines-general- , Marawi-city , Marawi , Davao , Davao-city , China

Pernia recommends tapping PPP, ODA from other countries

Pernia recommends tapping PPP, ODA from other countries
philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.

Manila , Philippines , Japan , United-states , Beijing , China , South-korea , South-china-sea , Brunei-general- , Brunei , Subic , Zambales

Government seeks rail financing from other countries

Government seeks rail financing from other countries
philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.

Manila , Philippines , Japan , China , Davao , Davao-city , Bicol , Camarines-sur , Tagum , City-of-tagum , Digos , Davao-del-sur

Partnering for a new tax system to achieve investment promotion, job creation and poverty reduction

By Ambassador of South Korea to the Philippines Kim Inchul

The widely acclaimed Tax Reform for Acceleration and Inclusion (TRAIN) Law was enacted in December 2017. The Law includes several tax reform measures that have to be implemented within five years of its enactment such as requiring large s

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South Korea helps boost local tax-collection processes

THE Embassy of the Republic of Korea has just announced that the state-of-the-art data center for the Philippines’s Electronic Invoicing System (EIS), which is being supported by the former’s government, opened on June 13 at the Bureau of Internal Revenue’s (BIR) Headquarters in Quezon City. Ambassador Kim Inchul joined the…

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'ADB must lead recovery for Covid, war fallout victims'

MANILA-BASED Asian Development Bank (ADB) should lead the recovery efforts of Asia-Pacific economies weighed down by the impact of the Covid-19 pandemic and the prolonged Russia-Ukraine war, according to Finance Secretary Carlos G. Dominguez III. Dominguez made the call in his recent meeting in Tokyo, Japan with former Japanese Prime…

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DOF chief says MDBs vital to climate financing in PHL

FINANCE Secretary Carlos G. Dominguez III urged the world’s major multilateral development banks (MDBs) to cooperate in mobilizing financing for climate adaptation and mitigation initiatives of emerging economies like the Philippines. In his recent meetings with the officials from the World Bank Group (WBG), Dominguez said the trilateral cooperation among…

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Gov't sells maiden P29 B 'green' Samurai bond – Manila Bulletin

The Philippine government sold its second “green” bonds, this time in the Japanese debt market through a four-tranche yen-denominated offering, the Bureau of the Treasury announced on Wednesday, April 13.

The bureau said the government raised ¥70.1 billion, roughly P28.95 billion, via a five-yea

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PHL raises $2.25B from new global bonds | Bernadette D. Nicolas

THE Philippine government borrowed $2.25 billion (around P118 billion) from the offshore debt market through its latest offering of triple-tranche dollar-denominated global bonds, including its maiden green bonds. Broken down, the government raised $500 million for its new 5-year global bonds and another $750 million for its 10.5-year global bonds.…

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