Cesar V Purisima - updates

Rappler's latest stories on Cesar V Purisima


PH GDP grows 6% in Q3

Nov 26, 2015 - 11:05 AM

2ND UPDATE The country’s GDP growth in the previous quarter was the third fastest in the region after China’s 6 9 and Vietnam’s 6 8

PH gov't registers P8B surplus in September

Nov 05, 2015 - 3:48 PM

The DOF also reports that total government revenues reached P164 1 billion 3 5 billion in September 6 higher than last year s figure

SURPLUS. A surplus, considered as a sign that the government is being run efficiently, might be used to pay off debt, save for the future, or to make a desired purchase. File image

Facebook's Saverin, world tycoons in Manila

Oct 12, 2015 - 3:11 PM

The Philippines’ top CEOs including San Miguel Corporation s Ramon Ang and SM Investments Corporation s Teresita Sy Coson will also take part in panel discussions throughout the 3 day conference until October 14

BIGGEST CEO CONFERENCE. This is the first time Forbes Global CEO is being held in Manila

LIVE BLOG: Forbes Global CEO Conference 2015

Oct 11, 2015 - 6:00 PM

Follow Rappler s coverage of the 3 day conference to be held first time in Manila It features some 50 prominent personalities in the global business scene

Vulnerable nations launch 'V20' to fight climate change

Oct 09, 2015 - 2:41 PM

PH s Finance Secretary Cesar V Purisima is the inaugural chairperson of the group a counterpoint to the G20 of leading industrialized and emerging economies

VULNERABLE 20. "We are low- and middle-income, least developed, arid, isthmus, landlocked, mountainous, and small island developing countries," the group of finance ministers say in a statement October 8, 2015. Image from V20 website

PH gov't records P15B surplus in August

Oct 01, 2015 - 5:47 PM

For the first 7 months of the year the government incurs a deficit of P3 4 billion significantly lower than the programmed deficit of P197 2 billion

LOWER. Data from the Bureau of the Treasury (BTr) shows the government's' budget surplus for the month is 50% below the year-ago level of P29.9 billion ($639.99 million). File photo from Agence France-Presse

Fitch raises PH outlook to positive

Sep 24, 2015 - 10:24 PM

The Philippines is still underrated as it continues to outperform its single A rated neighbors in Southeast Asia Finance Secretary Cesar Purisima says

POSITIVE. The revised credit outlook and the likely credit rating upgrade from Fitch Ratings are a reflection of what financial markets say all along about the Philippines’ creditworthiness, Finance Secretary Cesar Purisima says.

DTI chief makes final push for MSMEs initiatives

Sep 17, 2015 - 6:34 PM

Gregory Domingo also confirms he will stay as DTI chief at least until after the country s hosting of the APEC Leaders’ Summit in November

FINAL PUSH. DTI chief Gregory Domingo says he will continue pushing initiatives for micro, small and medium enterprises, which represent 98% of all registered businesses.

Cebu Action Plan launched

Sep 11, 2015 - 7:46 PM

The plan which has 4 pillars from financial integration to infrastructure development and financing is eyed as the lasting legacy of the Philippines’ APEC hosting

UNVEILED. APEC finance ministers unveil a marker to commemorate the Cebu Action Plan. The work of Toym Imao, the marker is a 4-meter tall sculpture of pounded brass on 4 black granite pedestals representing the plan's pillars. Photo from the Department of Finance

6 APEC economies sign up for Asia Regional Funds Passport

Sep 11, 2015 - 5:03 PM

The Asia Regional Funds Passport is seen to generate savings of 20 billion annually in fund management costs and create 170 000 jobs in APEC economies within 5 years

SIGNED. Australia, South Korea, New Zealand, Thailand, Japan, and the Philippines sign the Statement of Understanding on the Asian Regional Funds Passport which, once implemented, will pave the way for a multilateral arrangement that will facilitate the cross-border marketing of managed funds among participating economies. Photo from the Department of Finance

Philippines' Q2 GDP growth rises to 5.6%

Aug 27, 2015 - 10:30 AM

2ND UPDATE Although below expectations the growth is respectable and still makes the Philippines an attractive market says NEDA chief Arsenio M Balisacan

PH warns vs using exchange rate as trade tool

Aug 23, 2015 - 11:16 PM

We must be mindful of the trade offs involved in using the exchange rate as a trade tool to boost competitiveness Finance Secretary Cesar Purisima says

27 LGUs failed to submit Q2 receipts, expenditures report

Aug 12, 2015 - 9:05 PM

The finance department s tax watch ad shames 19 cities 8 provinces for failure to submit their electronic statements of receipts and expenditures

PH gov't hits P13.75B surplus in H1

Aug 06, 2015 - 3:28 PM

Increased efforts to speed up spending in June are not enough to offset government underspending in the first 5 months of 2015

PH, US sign FATCA deal to curb tax evasion

Jul 13, 2015 - 7:30 PM

The agreement introduces automatic reporting of US citizens with bank accounts in the PH and the equivalent for Philippine account holders in the US

'Invest in PH now' - Gov't, business make pitch to US investors

Jun 29, 2015 - 12:27 AM

The conference is part of a high level 3 city trade mission aimed at encouraging US investment in the country

PSALM’s Ledesma seeks Malacañang intervention over suspension

May 11, 2015 - 7:45 PM

PSALM President CEO Emmanuel Ledesma Jr says the board wrongly interpreted a provision of the Governance Commission for GOCC Law in suspending a presidential appointee like him

PSALM chief Ledesma on 90-day preventive suspension

May 06, 2015 - 6:07 PM

No official reason is provided for the suspension of Ledesma who is the subject of PSALM employees complaints

PH prospects ‘positive’ come ASEAN integration

Mar 24, 2015 - 8:16 PM

Most investors have higher than ‘excellent’ expectations about the country’s economic performance – which overall is still positive

Fitch affirms Philippines' 'BBB-' rating

Mar 18, 2015 - 12:13 PM

The country s BBB rating is one notch below the rating assigned to the Philippines by Moody’s Investors Service and Standard Poor’s

Low income households, small businesses priority for financial inclusion

Mar 03, 2015 - 7:30 PM

While the country is hailed as 3rd globally with the “most conducive environment for financial inclusion ” access to finance though is still considered a major hurdle for MSMEs

Purisima: TRO for Customs collectors disrupts reforms

Oct 02, 2013 - 2:21 PM

The Finance secretary expressed dismay over the issuance of TRO suspending the transfer of Customs collectors to the DOF s research unit

DISMAYED. The Finance chief expresses dismay on the issuance of TRO pending the transfer of Customs collectors to DOF

Broaden tax base to improve collection — Purisima

Jun 20, 2013 - 10:00 AM

Finance Secretary Cesar Purisima says broadening the tax base and focusing on the self employed will improve the government s tax collections

IMPROVED COLLECTIONS. Finance Secretary Cesar Purisima says broadening the tax base and focusing on the self-employed will improve the government's tax collections. Photo by Lean Santos/Rappler

#TalkThursday: Cesar Purisima on PH's investment grade

Apr 04, 2013 - 7:58 AM

TalkThursday speaks with Finance Secretary Cesar V Purisima on the Philippines investment grade status and more

'Why allow Philip Morris to monopolize Philippines?'

Mar 06, 2012 - 10:35 PM

Finance Secretary Cesar V Purisima says he has met with and listened to the concerns of the representatives of cigarette maker Philip Morris on the sin tax reforms