Monday, June 9, 2025
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Philippines secures $10M Adaptation Fund grant for climate resilience in Tawi-Tawi

The Philippines has secured its first project under the Adaptation Fund (AF), obtaining a $10 million grant to enhance the climate resilience of vulnerable...

DOF assures public: No new taxes needed amid strong fiscal performance

The Department of Finance (DOF) has firmly dismissed recent reports suggesting the imposition of new taxes, emphasizing that the government's robust fiscal standing negates...

DOF: No new taxes, fiscal position remains robust

The Department of Finance (DOF) categorically refuted reports alleging the imposition of new taxes and stressed that there is no need for additional revenue...

Labor market strengthens, paving the way for economic resilience

Finance Secretary Ralph G. Recto highlighted that the robust labor market in February 2025 signals a promising outlook for domestic demand, which will help...

Philippines welcomes foreign tourists with VAT refund program

The Philippines has officially become value-added tax (VAT)-free for foreign tourists following the signing of the implementing rules and regulations (IRR) for Republic Act...
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