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DOF pushes tweaks in CREATE law to further boost foreign investments • Jasper Y Arcalas

The Department of Finance (DOF) on Wednesday said amending the CREATE Act is necessary in boosting the country’s foreign investments amid concerns raised by prospective investors regarding the landmark measure. “The proposed amendments to the CREATE Act will enhance the incentives, clarify the rules and policies on the grant and administration of incentives to qualified

Beyond the persistent revamp rumors • BusinessMirror

THERE are rumors galore and a while back, somebody shared with me the rumor that Rep. Ralph Recto, veteran lawmaker and former Neda chief, is to replace Secretary Benjamin E. Diokno in the Department of Finance. There’s more to the rumor: Recto is now reportedly doing the rounds of recruiting his team. In the process,

PSF Board okays release of ₱500M for LGU climate adaptation projects • Jasper Y Arcalas

The People’s Survival Fund (PSF) Board has approved over P500 million worth of climate adaptation projects for various local government units (LGUs), according to the Department of Finance (DOF). The DOF said the PSF Board, chaired by Finance Secretary Benjamin E. Diokno, recently approved P539 million worth of new climate adaptation projects. “The newly-approved projects

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