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(Eagle News) — With a market which is even bigger than that of the United States, the Association of Southeast Asian Nations (ASEAN) is working vigorously toward integrating the region’s economies to bring the benefits of growth to the 650 million people in this 10-nation bloc. This was how Finance Secretary Carlos Dominguez III explained the “compelling” reason to implement the ASEAN goal of a single market and production base under the ASEAN Economic […]
(Eagle News) — Finance Secretary Carlos Dominguez III told participants at the ASEAN Finance Ministers Investors’ Seminar (AFMIS) that now is the best time to invest in the economies of the 10-nation Association of Southeast Asian Nations (ASEAN) as they are expected to collectively become a strong driver of global growth in the next decade. Dominguez, as host of this year’s AFMIS, delivered the opening remarks at the forum’s plenary session. Finance ministers and central […]
Finance Secretary Carlos Dominguez III has cited the key role played by the Association of Southeast Asian Nations in driving the growth of the global economy and facilitating cooperation within the 10-member regional bloc. Dominguez said ASEAN’S future “will be shaped by more intense regionalism,” with the Philippines benefiting from this move as regional cooperation had “helped nurse the modernization of our economy.” https://youtu.be/oi9k8DysnRw “Fifty years ago, a group of visionaries dared to imagine […]
Finance Secretary Carlos Dominguez III said the Bureau of Internal Revenue (BIR) is still determining the correct amount that Mighty Corporation should pay in deficiency taxes as lawyers for the cigarette manufacturing firm have been “obstructing” government efforts to look into its business activities. “We have not received any written order from the President. [BIR Commissioner] Billy Dulay has not even finished quantifying how much (Mighty) should pay,” Dominguez said. Dominguez added that “we […]
MANILA – Finance Secretary Carlos Dominguez III said the Duterte administration will look “closely” at the Regional Comprehensive Economic Partnership (RCEP), given its new policy of moving the country swiftly towards economic integration with its fellow-members in the Association of Southeast Asian Nations (ASEAN) and major trade partners in Asia and the Pacific. “I personally would like to look at RCEP closely because that’s the 10 ASEAN countries, I think. That one, we are more open to,” Dominguez said […]
