Sonny Dominguez - updates

Rappler's latest stories on Sonny Dominguez


Dominguez disowns questionable provisions in economic bills

Jul 08, 2020 - 8:15 PM

Questionable provisions – such as those exempting companies from competition and procurement laws – did not come from the executive branch, says Finance Secretary Carlos Dominguez III

COMPETITION. Finance Secretary Sonny Dominguez in a Senate hearing. Photo by Angie de Silva

ABS-CBN shutdown not cause of investor jitters, says Dominguez

Jul 08, 2020 - 6:45 PM

Finance Secretary Carlos Dominguez III counters a report by Fitch Solutions, which says the ABS-CBN shutdown showed state regulators' 'apparent ability to be influenced,' and in turn, spooked investors

After clash, Dominguez offers Economics 101 for Imee Marcos

May 27, 2020 - 4:50 PM

The offer of Finance Secretary Carlos Dominguez III to provide a special briefing comes after he clashed with Senator Imee Marcos over Masagana 99, the failed rice program of dictator Ferdinand Marcos

Dominguez schools Imee Marcos: Masagana program left farmers in debt

May 20, 2020 - 6:50 PM

(UPDATED) Finance Secretary Carlos Dominguez III tells Senator Imee Marcos that the rice program during her father's regime led to the bankruptcy of some 800 banks

FALSE: Dominguez says PH can borrow trillions of dollars from World Bank

Apr 14, 2020 - 5:19 PM

The graphic containing the made-up quote edited an actual graphic of a news organization

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

Philippines ready to increase debt levels vs coronavirus

Mar 26, 2020 - 2:40 PM

The Duterte administration is seeking a $1-billion loan on top of the massive budget realignments to combat the pandemic

Coronavirus exposure prompts PH economic officials to self-quarantine

Mar 12, 2020 - 10:15 AM

(4th UPDATE) The Philippines' economic managers are undergoing quarantine, after interacting with a person who turned out to have the novel coronavirus

President Rodrigo Roa Duterte presides over the 46th Cabinet Meeting at the Malacañan Palace on March 2, 2020. ROBINSON NIÑAL JR./PRESIDENTIAL PHOTO

LIST: PH officials in quarantine, affected by coronavirus

Mar 12, 2020 - 7:18 AM

(19th UPDATE) They say they were exposed to possibly infected persons or their travels to places with known cases of transmission. We also track their test results.

Dominguez on self-quarantine after shaking hand of coronavirus patient

Mar 11, 2020 - 10:45 PM

Finance Secretary Carlos Dominguez III says he was in several meetings, and one of the attendees tested positive for COVID-19

Dominguez sees investor confidence boost if ABS-CBN 'violations' proven true

Feb 18, 2020 - 8:25 PM

Finance Secretary Carlos Dominguez III says the government would be perceived as 'upholding the rule of law.' But rights groups have slammed the petition vs ABS-CBN as a threat to press freedom.

Dominguez says BIR did a 'good job' despite missing 2019 collection target

Jan 14, 2020 - 4:05 PM

The Bureau of Internal Revenue's collection in 2019 breaches the P2-trillion mark, but still falls short of the ambitious target

Poe compares Tugade to Dominguez: 'Bihira ka magpakita dito'

Sep 10, 2019 - 8:21 PM

Senator Grace Poe, who led a Senate hearing into the provincial bus ban, also says that until now, the Department of Transportation has not presented a traffic master plan

EXCUSES? Senator Grace Poe slams Transportation Secretary Arthur Tugade for using the traffic situation as an excuse to ask for emergency powers. Photo by Angie de Silva/Rappler

[ANALYSIS] We never defaulted on our loans? That’s historical revisionism

Apr 11, 2019 - 6:17 PM

By saying the country 'never, never defaulted on its loans,' the DOF is being naïve at best and disingenuous at worst

Carpio: Dominguez wrong, PH defaulted on debt in 1983

Apr 02, 2019 - 7:30 PM

Supreme Court Senior Associate Justice Antonio Carpio says it is incorrect to say that the Philippines has never defaulted on its debt because it already declared a debt moratorium back in 1983

Fearing default on China loans? You have 'no faith' in PH – Dominguez

Apr 02, 2019 - 4:05 PM

'The Philippines has no history of defaulting on its loans. So why are people saying now that we will default? They have no faith in the Philippines?' says Finance Secretary Carlos Dominguez III

Kaliwa Dam to solve Metro Manila water problems – Dominguez

Mar 13, 2019 - 7:00 PM

The Kaliwa Dam would cost P12.2 billion to build, with 85% set to be funded by China and the remaining 15% to be shouldered by the Philippines

Dominguez: Chinese businessman Michael Yang not consulted on economic matters

Oct 22, 2018 - 12:45 PM

'I don't meet him on economic matters,' says Finance Secretary Carlos Dominguez III

ACCESS TO DUTERTE. Michael Yang (beside presidential aide Bong Go) accompanies President Rodrigo Duterte to a lunch with Chinese businessmen on October 19, 2016. Malacañang file photo

After Dominguez-Piñol 'showdown,' Duterte OKs 'open' rice importation

Oct 09, 2018 - 1:45 PM

President Rodrigo Duterte sides with Finance Secretary Sonny Dominguez who pushed for lifting restrictions on rice importation and letting market forces decide rice supply

Con-Com member asks Duterte to fire Dominguez, Pernia

Aug 09, 2018 - 4:56 PM

Father Ranhilio Aquino says the recent remarks of the two secretaries may indicate President Rodrigo Duterte himself has grown 'cool to federalism'

All Cabinet members support federalism, insists Malacañang

Aug 09, 2018 - 1:52 PM

It is 'incumbent' upon all Cabinet members to make the shift to federalism happen, says Presidential Spokesman Harry Roque, after two economic managers questioned the Consultative Committee's draft charter

President Rodrigo Roa Duterte shares a light moment with the members of his cabinet before presiding over the 21st Cabinet Meeting at the Malacañan Palace on January 8, 2018. Also in the photo are Executive Secretary Salvador Medialdea and Finance Secretary Carlos Dominguez III. SIMEON CELI JR./PRESIDENTIAL PHOTO

[EDITORIAL] #AnimatED: ‘Tatak-pagbabago’ ba ng Dutertenomics ang inflation?

Jul 09, 2018 - 9:01 AM

Bolang kristal ba ang kinonsulta ng mga ekonomista ni Duterte?

DOF chief says tax reform law must generate at least P130B revenue

Jul 06, 2017 - 2:46 PM

A tax reform law diluted such that it will generate less than P130 billion is not acceptable for one of Duterte s economic managers

Photo from Malacanang

Stop Cabinet infighting, Drilon tells Medialdea

Apr 26, 2017 - 1:26 PM

The Executive Secretary should take a more active hand in resolving disputes in the Cabinet [He] should crack the whip in behalf of the President and bang heads says Senate Minority Leader Franklin Drilon

TOP CABINET OFFICIAL President Rodrigo Roa Duterte speaks with his most senior Cabinet official, Executive Secretary Salvador Medialdea (left), at a Palace event on March 30, 2017. Photo by Richard Madelo/Presidential Photo

Duterte prefers 'compromise' with tax evaders over filing cases

Mar 24, 2017 - 6:22 PM

President Rodrigo Duterte is still convincing Finance Secretary Carlos Dominguez III and BIR chief Cesar Dulay to let tax evaders settle with the government instead of filing cases against them

UNCONVINCED FINANCE CHIEF. President Rodrigo Duterte is yet to convince Finance Secretary Carlos Dominguez III to allow tax evaders to reach a 'compromise' with the government instead of filing cases against them. File photo by Toto Lozano/ Presidential Photo

Dominguez on Lopez: 'Being a secretary not like being a crusader'

Feb 28, 2017 - 3:25 PM

You have to have an approach that is very balanced that is very deliberate that is very rational that is science based Finance Secretary Carlos Dominguez III says of heading a government department

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

Panelo: Cabinet trying to 'protect' Lopez from mining companies

Feb 14, 2017 - 8:50 PM

Finance Secretary Carlos Dominguez III is just very protective of Environment Secretary Gina Lopez says Chief Presidential Legal Counsel Salvador Panelo

BACKING GINA. President Rodrigo Duterte and Environment Secretary Gina Lopez attend a meeting in Cebu on January 25, 2017. Photo by Richard Madelo/Presidential Photo

Dev't aid 'highest ever' under Duterte – Dominguez

Jan 15, 2017 - 11:18 AM

Finance Secretary Carlos Dominguez III says the President through his astute diplomatic skills has raised around P890 billion in official development assistance

PH FUND RAISER. President Rodrigo Duterte shakes hands with Davao City businessmen in Marco Polo Hotel in Davao City on January 14, 2017. Photo by Karl Alonzo/PPD

Why raising SSS pensions isn't that simple

Jan 07, 2017 - 4:39 PM

In this era of global populism never has it been more crucial to demand forward looking and sound economic policies

Mobile checkpoints, air passenger rights, Park Geun-Hye | 6PM wRap

Oct 31, 2016 - 7:55 PM

Watch the 6PM newscast with Maria Ressa

Duterte wants law on use of coco levy funds for farmers – finance chief

Oct 31, 2016 - 3:32 PM

The President wants the P74 billion coco levy fund to be exclusively used for the benefit of the coconut farmers says Finance Secretary Carlos Dominguez III

CABINET MEETING. President Rodrigo Duterte and his Cabinet members pray before the start of the 6th Cabinet Meeting in Malacañang State Dining Room on September 14. Photo by Rey Baniquet/PPD

Peso depreciation: Should we be worried?

Oct 01, 2016 - 1:11 PM

While the peso’s depreciation to a 7 year low is no cause for concern it remains to be seen whether it will persist due to sustained capital flight

DOF to file charges vs Laoag treasurer over missing P85-M fund

Aug 16, 2016 - 6:10 PM

Laoag City Treasurer Elena Asuncion has reportedly fled to Hawaii with her city s money The Department of Finance has asked the National Bureau of Investigation and other government agencies to get to the bottom of the case

MISSING FUNDS. Of the over P88 million of the Laoag City government’s funds, only P2.64 million are left in the form of time deposits

Expect huge infra spending, tax reform – Dominguez

Jul 03, 2016 - 11:15 PM

We intend to take the traffic crisis by the horns not only because of the grave economic costs of congestion but also because of its adverse effects on the health and quality of life of our labor the finance chief says

EXPOSED. Dominguez (back) exposes Fidel V. Ramos (front) as the first person who encouraged President Duterte to run as early as 3 years ago. Photo from Dominguez' team

PH labor, Indonesia vs China, Donald Trump | 6PM wRap

Jun 21, 2016 - 8:41 PM

Watch Rappler s 6PM newscast with Maria Ressa

Dominguez bares tax reform plans to businessmen

Jun 21, 2016 - 2:30 PM

The reforms which include lowering both income tax and corporate tax follow suggestions from outgoing Finance Secretary Purisima

Former agriculture secretary Carlos "Sonny" Dominguez during a press conference in Davao City. Photo by Manman Dejeto/Rappler

Who is Rodrigo Duterte?

Jun 18, 2016 - 5:25 PM

In Siquijor we say unsaon pod lamang accept what we cannot reverse make the best of it If you can cut through Digong’s populist bluster you will find a number of actually not policies more like policy thrusts

INCOMING PRESIDENT. Rodrigo Duterte in 'Malacañang of the South', DPWH Depot Compound, Panacan, Davao City. File photo by Manman Dejeto/Rappler

Briones to Duterte: Form economic team ASAP

May 19, 2016 - 5:45 PM

Former national treasurer Leonor Briones also calls on president elect Rodrigo Duterte to discuss the details of his economic agenda for further public scrutiny and dialogue

CANDIDATE WATCH. Former national treasurer and Social Watch lead convenor Leonor Briones asks how presidential bets will fund their programs. Photo by Social Watch

Duterte’s cabinet, Abu Sayyaf, Norway gender change | 6PM wRap

May 16, 2016 - 7:35 PM

Watch Rappler s 6PM newscast with Maria Ressa

Transition team bares Duterte's 8-point economic agenda

May 12, 2016 - 7:00 PM

Sonny Dominguez who is part of the transition team says Duterte wants to accelerate infrastructure spending because this will lead to job generation and will be injecting economic activity in our country

DU30'S ECONOMIC PLANS. Former agriculture secretary Carlos "Sonny" Dominguez briefs the media on the economic agenda of presumptive president Rodrigo Duterte Photo by Manman Dejeto/Rappler

Duterte transition team formed, holds first meeting

May 11, 2016 - 8:26 PM

The transition committee is composed mostly of key Duterte campaign members

PREPARATIONS BEGIN. Duterte's transition team meets at the Marco Polo Hotel in Davao City. Photo by Mara Cepeda/Rappler