Carlos Dominguez III - updates

Rappler's latest stories on Carlos Dominguez III

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DOF says P130-B stimulus program 'appropriate,' as departments wish for more

May 21, 2020 - 7:50 AM

Labor, tourism, and transportation departments tell senators they need a total of P205-billion coronavirus bailout

CORONAVIRUS BAILOUT. Finance Secretary Sonny Dominguez attends a Senate hearing on November 12, 2019. File photo by Angie de Silva

Dominguez clarifies resumption of POGOs not gov't priority

Apr 21, 2020 - 7:00 PM

It would be up to the Bureau of Internal Revenue to decide whether to allow POGOs, which are linked to tax evasion and other alleged crimes, to operate again

NOT GOV'T PRIORITY. POGO workers in Makati City gather their belongings as they are instructed to work from home during the lockdown on March 18, 2020. Photo by Alecs Ongcal/Rappler

P1-billion government guarantee eyed for private schools during pandemic

Apr 21, 2020 - 5:20 PM

Finance Secretary Carlos Dominguez III says Landbank is studying a proposed loan guarantee program for private schools dealing with unpaid tuition and fees

NO CLASSES. Female students in Manila wear face masks as a precautionary method against COVID-19 on March 9, 2020. Photo by KD Madrilejos/Rappler

Philippines braces for recession due to coronavirus

Apr 09, 2020 - 11:35 AM

Finance Secretary Carlos Dominguez III sees flat to negative growth in succeeding quarters. BSP Governor Benjamin Diokno calls it 'technical recession.'

RECESSION. Shoppers buy the few remaining stocks of rubbing alcohol and cup noodles as stocks run out at a grocery in BGC. File photo by Jire Carreon/Rappler

Aid for firms 'take a back seat,' poor are 'priority' in PH virus fight

Mar 31, 2020 - 2:30 PM

Finance Secretary Carlos Dominguez III says the government will 'eventually' put in place programs for businesses. For now, they will prioritize cash subsidies.

4 Cabinet officials test negative for coronavirus

Mar 15, 2020 - 4:35 PM

They are among the government officials who went into self-quarantine after exposure to a person who later tested positive for COVID-19

TAKING PRECAUTIONS. President Rodrigo Duterte presides over the 46th Cabinet Meeting at Malacañang Palace on March 2, 2020. Malacañang photo

Duterte Cabinet members in self-quarantine amid coronavirus fears

Mar 12, 2020 - 12:35 PM

(UPDATE) At least 2 Cabinet members are isolating themselves and avoiding contact with the 74-year-old President Rodrigo Duterte

TAKING PRECAUTIONS. President Rodrigo Duterte presides over the 46th Cabinet Meeting at Malacañang Palace on March 2, 2020. Malacañang photo

After rejecting foreign aid over drug war, PH seeks new funders

Sep 30, 2019 - 1:25 PM

The Department of Finance is looking for funding from new partners – ones that did not support the resolution adopted by the United Nations Human Rights Council

Dominguez orders BIR to shut down tax-dodging POGOs

Sep 15, 2019 - 6:05 PM

'Those who don't pay or respond to your assessments, clamp them down,' says Finance Secretary Carlos Dominguez III

PH eyes customs strike team vs foreign waste imports

Jul 13, 2019 - 3:25 PM

'As time is of the essence, we hope the Bureau of Customs strike team versus foreign waste imports will be set up soon,' says EcoWaste Coalition

FOREIGN WASTE. The MV Bavaria, the container vessel hired to ship back the 69 container vans loaded with trash from Canada, sails as Greenpeace activists display a banner that reads "Philippines is not a dumpsite" during a protest against waste trade in Subic Bay International Terminal Corp. in Olongapo City, Zambales province, Philippines. Photo from Greenpeace

17th Congress filed too many bills gov't can't afford

Jun 27, 2019 - 4:05 PM

Finance Secretary Carlos Dominguez III says the 17th Congress filed over a hundred bills that were simply financially unsustainable. His solution: a weekly meeting with lawmakers.

Philippines, Japan sign $202-million loan deal for Mindanao roads

Jun 19, 2019 - 10:05 AM

Among the roads to be reconstructed and improved are those damaged in war-torn Marawi City, where delays have plagued the rehabilitation

SIGNED. Philippine Finance Secretary Carlos Dominguez III and Japan International Cooperation Agency senior vice president Yasushi Tanaka after signing the $202.04-million loan deal in Mindanao. Photo from Department of Finance

Dominguez endorses Legarda as next House appropriations committee chair

May 27, 2019 - 2:00 PM

'We look forward...to working with you in the House and we certainly appreciate it if you will be in a leadership position in the finance area,' says Finance Secretary Carlos Dominguez III to incoming Antique representative Loren Legarda

Senator Loren Legarda has been proclaimed as the new Congresswoman of the lone district of Antique by the Provincial Board of Canvassers following a landslide win. Legarda received 199,187 votes against former Governor and Congressman Exequiel Javier’s 69,716 votes, one of the largest margins of victory in the 2019 elections. Photo from Loren Legarda's office

Budget delay kept 420,000 Filipinos poor – economic team

May 27, 2019 - 1:10 PM

Finance Secretary Carlos Dominguez III says the budget impasse showed 'how politicking could harm people'

DOF's 2019 wish: Passage of Trabaho bill, other tax reform packages

Jan 01, 2019 - 4:27 PM

Finance Secretary Carlos Dominguez III says they will seek a last push discussion with legislators for the approval of the measures before the 2019 elections

TRABAHO BILL. Finance Secretary Carlos Dominguez III says they will "discuss" Trabaho Bill again with legislators for a last push to pass it in the current Congress. Photo by Darren Langit/Rappler

[EDITORIAL] #AnimatED: The many shades of pork

Dec 17, 2018 - 9:38 AM

Factions in Duterte’s own administration are squabbling over funds, and it seems, over appointments too

Government to cut projects over 2019 fuel tax hike suspension

Oct 17, 2018 - 10:45 AM

Budget Secretary Benjamin Diokno says non-infrastructure projects will be the first in line to be reviewed for postponement

Business groups support economic managers over federalism risks

Aug 13, 2018 - 2:20 PM

The groups 'echo the concerns of fiscal and economic experts about the ambiguous provisions on the division of revenue and expenditure responsibilities' under federalism

Economic managers DBM Sec. Benjamin Diokno (2nd-right), NEDA Sec. Ernesto Pernia (2nd-left), BSP Deputy Governor Diwa Guinigundo (right), DOF Sec. Carlos Dominguez (left) on Tuesday, July 31, 2018, during hearing on the proposed P3.8-trillion budget for 2019. Photo by DARREN LANGIT

Recto defends Duterte economic team on federalism

Aug 12, 2018 - 4:08 PM

'Before we communicate what federalism is, can we not first calculate what its cost will be?' says Senate President Pro-Tempore Ralph Recto

Economic managers DBM Sec. Benjamin Diokno (2nd-right), NEDA Sec. Ernesto Pernia (2nd-left), BSP Deputy Governor Diwa Guinigundo (right), DOF Sec. Carlos Dominguez (left) on Tuesday, July 31, 2018, during hearing on the proposed P3.8-trillion budget for 2019. Photo by DARREN LANGIT

Economic managers seek Duterte's help in lowering LGU share

Aug 08, 2018 - 12:47 PM

The government finance team still has no idea where it will source the additional funds for local government units

NEDA Sec Permia. Photo by Angie de Silva/Rappler

Thanks to loans, Build, Build, Build 'moving faster' – DOF

Jul 04, 2018 - 4:36 PM

Build, Build, Build is currently financed by taxes, official development assistance, and commercial loans

SITE INSPECTION. Finance Secretary Carlos Dominguez III speaks to reporters during an inspection of the National Government Administration Center on July 4, 2018. Photo by Aika Rey/Rappler

Gov't now expects 2018 inflation to reach as high as 4.5%

Jul 02, 2018 - 5:55 PM

The government previously pegged inflation at just within 2% to 4%, but prices keep rising. Meanwhile, the deficit forecast is also raised to 'sustain the momentum of the Build, Build, Build program.'

The many times Duterte and his Cabinet contradicted each other

Jun 20, 2018 - 2:00 PM

Rice supply, salary increases for teachers and soldiers, briefings on Chinese harassment in Ayungin Shoal, ban on Rappler – these are just some of the issues over which the President didn't seem to consult his alter egos before speaking

President Rodrigo Roa Duterte makes a short pause during the 26th Cabinet Meeting to accommodate his daughter Veronica who dropped by at the Malacañan Palace to visit her father on June 11, 2018. RICHARD MADELO/PRESIDENTIAL PHOTO

Slow progress in Rapu-Rapu mine rehabilitation

May 08, 2018 - 4:08 PM

Rapu-Rapu Mayor Ronald Galicia says local officials are 'clueless' on the activities in the mining site where two major mine spills happened 13 years ago

Gov't to lease retail, dining spaces at Metro Manila Subway stations

Mar 25, 2018 - 9:20 PM

Philippine Finance Secretary Carlos Dominguez III says the revenues would help pay off Japan's loan for the construction of the subway

Dominguez photo by Malacanang

Infra projects to help PH achieve 7% growth in 2018 – DOF

Mar 09, 2018 - 11:56 PM

During the country’s annual briefing with the Asian Development Bank, Finance Secretary Carlos Dominguez III says, 'Mindanao today is at the front and center of the Build, Build, Build infrastructure program'

Philippines' hosting of ADB meeting 'more frugal' in 2018 than in 2012

Feb 20, 2018 - 4:05 PM

The Philippine government earmarks less than P90 million for the hosting of the Asian Development Bank annual meeting in 2018, lower than the P200 million it spent in 2012

Philippine finance chief hails BIR's 'extraordinary' 2017

Dec 29, 2017 - 5:55 PM

In 2017, the Bureau of Internal Revenue booked the country's biggest-ever tax settlement case: Mighty Corporation's about P30 billion liabilities

Finance Secretary Carlos Dominguez III lauds the Bureau of Internal Revenue for its efficient campaign against big-time tax dodgers. File photo from Rappler

Dominguez, Jack Ma to meet in China for PH e-commerce dev't

Nov 02, 2017 - 2:50 PM

The Department of Finance is looking into building a logistics backbone for MSMEs and popularizing China's 3-1-0 online loan initiative in the Philippines

Finance Secretary Carlos Dominguez III (center) standing beside Alibaba Group founder Jack Ma (right) during a courtesy call to President Rodrigo Duterte (left) on October 25, 2017. Photo from Malacañang

Duterte says he refused '$18-20 million' from UK

Oct 12, 2017 - 8:36 PM

'Mabubuhay rin tayo. Anyway, I control the foreign affairs of this government,' President Rodrigo Duterte says

President Rodrigo Roa Duterte, in his speech during the relaunching of the Malacañang Press Briefing Room (MPBR) at the New Executive Building (NEB) on October 12, 2017, urges the members of the media to remain committed to the truth. YANCY LIM/PRESIDENTIAL PHOTO

Gina Lopez asks Duterte not to lift ban on open-pit mining

Sep 04, 2017 - 2:31 PM

Sir open pit mining will really disadvantage the Filipino our farmers and fishermen forever for life says the former environment secretary

EX-ENVIRONMENT CHIEF. President Rodrigo Duterte shares a light moment with then Environment Secretary Gina Lopez at a Cabinet Meeting on December 5, 2016. File photo by King Rodriguez/ Presidential Photo

BPOs 'safe' from tax reform, sugar-sweetened milk under deliberation

Aug 10, 2017 - 7:35 PM

Finance Secretary Carlos Dominguez III says incentives for BPO companies will remain The fate of milk products in the proposed tax reform package however is still up in the air

DOF to probe shabu shipment from China

Aug 02, 2017 - 5:00 PM

Asked if Customs Commissioner Nicanor Faeldon is off the hook Finance Secretary Carlos Dominguez III says no presidential appointee is safe from getting sacked

Philippine Tax Academy set to open in 2018

Jul 16, 2017 - 10:25 PM

The curriculum will include technical aspects of tax collection administration and compliance

TAX ACADEMY. The Republic Act (RA) 10143 – which was signed into law 7 years ago – enables the government to build such learning institution. Rappler file image

Favila, Abacan get seats in Bangko Sentral's Monetary Board

Jun 29, 2017 - 6:30 PM

Meanwhile former socioeconomic planning secretary Felipe Medalla retains his position as member of the board

COMPLETE. Medalla (left) retained, Favila (middle) and Abacan (right) named new members of the Monetary Board. Favila and Abacan photos from GT Capital

Napoles, tax reform, Merkel | Evening wRap

May 29, 2017 - 9:29 PM

Watch the evening newscast with Natashya Gutierrez

Duterte certifies tax reform bill as urgent

May 29, 2017 - 4:00 PM

The House of Representatives could approve the bill on both 2nd and 3rd readings this week

President Rodrigo Duterte now wants the House to prioritize the tax reform bill before it adjourns session this week. File photo by Malacañang  President Rodrigo Duterte now wants the House to prioritize the tax reform bill before it adjourns session this week. File photo by Malacañang

Luxury car business grapples with 'drastic' tax hike proposal

May 15, 2017 - 12:27 PM

The price of a Toyota Camry 3 5 V6 A T will surge to over P3 030 million in 2019 from the current P2 153 million based on a pending bill

'DRASTIC.' The proposal could potentially sap demand for luxury cars, local car companies say. Photo by AFP

PH shows off best products, hospitality ahead of 2018 ADB hosting

May 07, 2017 - 5:00 PM

Government officials and business leaders from the Philippines also encourage potential participants to come to the Philippines and invest

ENTICING. The Philippines' giveaways to guests as it encourages them to attend the 2018 ADB meeting in Manila. Photo by Rappler

LIVE: The Dutertenomics Forum

Apr 25, 2017 - 4:43 PM

Watch the Dutertenomics forum live on Rappler

Duterte administration details 'ambitious' infra plan

Apr 18, 2017 - 9:35 PM

A railway connecting the cities of Davao Surigao and Cagayan de Oro as well as a subway linking Quezon City Mandaluyong Pasig and Taguig are part of the government s basket of solutions to address the country s poor infrastructure

'POVERTY TRAP.' 'We need to undertake these investments for the sake of the next generation of Filipinos – or else they will remain in the same poverty trap that we found ourselves in,' Finance Secretary Dominguez says. Photo from Malacanang

PH asks Australia to open market for banana growers

Mar 26, 2017 - 11:05 PM

Philippine Finance Secretary Carlos Dominguez III once an agriculture chief raises the Philippines two decade concern in his meeting with Australian Foreign Minister Julie Bishop

LONGSTANDING CONCERN. Banana products from Mindanao plantations are exported to markets like Middle East, Russia, China, Japan, and South Korea where demand for the fresh fruit has increased in recent years. But Australia continues to impose stricter screening measures on Philippine bananas entering their borders. File photo by AFP

Are the odds stacked against Gina Lopez in the CA?

Mar 18, 2017 - 4:19 PM

We respect her passion we even admire her for that but being a secretary passion is not enough says Commission on Appointments member Josephine Ramirez Sato

'TELL THE TRUTH.' Environment Secretary Gina Lopez during her confirmation hearing before the Commission on Appointments on March 9, 2017. File photo by Jasmin Dulay

#ThewRap: Things you need to know, March 15, 2017

Mar 15, 2017 - 12:00 PM

Hello Here s a roundup of news you need to know this Wednesday

Total mining ban? 5 years to recover tax shortfall, says Dominguez

Mar 15, 2017 - 9:32 AM

Finance Secretary Carlos Dominguez III is also concerned about the impact of any mining ban on local government finance and people s livelihoods

CABINET MEETING. President Rodrigo Duterte and Finance Secretary Carlos Dominguez III talk before the start of the 13th Cabinet meeting on March 6, 2017. File photo by Toto Lozano/Presidential Photo

Dominguez on Duterte's support for Lopez: I can't read President's mind

Mar 14, 2017 - 6:57 PM

Senator Franklin Drilon asks Finance Secretary Carlos Dominguez III about his opinion of President Rodrigo Duterte s recent statements on mining

DUTERTE'S CABINET. This photo shows President Rodrigo Duterte and Finance Secretary Carlos Dominguez III during the 13th Cabinet meeting on March 6, 2017. File photo by Toto Lozano/Presidential Photo

Dominguez: There was 'failure' of due process in mining audit

Mar 14, 2017 - 5:04 PM

Finance Secretary Carlos Dominguez III explains the Mining Industry Coordinating Council review to members of the Commission on Appointments

GOOD BALANCE. Finance Secretary Carlos Dominguez III says Cabinet members should strive to work as a team. File photo by Joel Liporada/Rappler

Free tuition in state colleges: What the bill says

Mar 13, 2017 - 9:57 AM

Here s what you need to know about the tuition free policy as proposed in the Senate

Cabinet officials back Duterte's tax reform plan

Mar 06, 2017 - 6:35 PM

Trade Secretary Ramon Lopez says however his department is coordinating with the DOF to fine tune the excise tax brackets being proposed for vehicles

FULL SUPPORT. Several Cabinet officials attend the House ways and means panel hearing on March 6, including DOF Secretary Carlos Dominguez III, NEDA Secretary Ernesto Pernia, DPWH Secretary Mark Villar, and DOTr Secretary Arthur Tugade. Photo by Mara Cepeda/Rappler

Finance officials school Alvarez on non-taxation of tuition

Mar 06, 2017 - 3:44 PM

UPDATED DOF Secretary Carlos Dominguez III and BIR Commissioner Cesar Dulay explain that religious institutions are only taxed for their revenue from commercial activities not tuition

TAX RULES. Department of Finance Secretary Carlos Dominguez III appears before the House committee on ways and means on March 6. Photo by Mara Cepeda/Rappler