Tag: Department of Finance (DOF)

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PDIC idle funds transfers ends alarm bells

Business News

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Angela Celis - January 14, 2025

Diverting such funds ‘dangerous’ – ex-DOF official Diverting any idle state funds to non-mandated purposes such as the Philippine Deposit Insurance Corp. (PDIC) remittances now with...

DOF SAYS: PDIC remittances support priority projects

Corporate Business

Angela Celis - January 13, 2025

THE P107.23-billion in excess funds that Philippine Deposit Insurance Corp. (PDIC) remitted to the Bureau of Treasury (BTr) last year supports government initiatives to boost...

Sale of CBK hydropower plant set in April

Corporate Business

Jed Macapagal - January 10, 2025

THE privatization of the Caliraya–Botocan–Kalayaan (CBK) hydroelectric power plant complex in Laguna will be pursued by April, according to the Department of Energy (DOE). The...

PH Nov govt debt hits P16T, up P70B from Oct

Business News

Ruelle Castro - January 8, 2025

External debt P5.17T Philippine government debt expanded by P70.7 billion in November to P16.09 trillion, or by 0.4 percent from the prior month, as more...

PH eyes eurobond, dollar bond offers in H1

Business News

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Angela Celis - December 18, 2024

Long-term goal is to reduce risk exposure The government is considering a double offer of dollar bonds and eurobonds in the first half of 2025...

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GDP growth below 2024 target — Recto

Angela Celis - January 20, 2025

PH private label grocery sales to hit $896M in 2025 — USDA report

Business News January 20, 2025 0

Total F&B groceries seen at $12.8B The country’s private label...

Govt 2024 spending likely hit P5.9T goal vs P5.3T in 2023 — DBM

Business News January 20, 2025 0

The Department of Budget and Management (DBM) estimates the...

DOE: 16,600 MW offshore wind projects to start producing power by 2028

Business News January 20, 2025 0

Sixteen frontrunner offshore wind (OSW) projects with a total...

Semirara Mining sets 2025 capex at P6.9B

Business News January 20, 2025 0

Semirara Mining and Power Corp. (SMPC) is preparing to...

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