BTr raises ₱30 billion on bonds sale as investors relent
THE national government on Tuesday successfully raised P30 billion from the sale of long-term Treasury bonds (T-bonds) on the back of easing yields sought by investors.
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THE national government on Tuesday successfully raised P30 billion from the sale of long-term Treasury bonds (T-bonds) on the back of easing yields sought by investors.
THE group of Philippine retailers is pushing for the adoption of “government-supported” funding mechanisms to ensure that the discounts to senior citizens (SCs) and persons with disability (PWD) will not burden the retail sector, particularly for small-scale and medium-sized enterprises (SMEs).
MANILA, PHILIPPINES – Fintech Alliance.PH, the country’s foremost fintech organization, took significant strides in enhancing its collaboration with the Bangko Sentral ng Pilipinas (BSP) during a recent courtesy visit, further cementing their commitment to sustaining a robust digital ecosystem.
FOR years, I’ve poured my passion for personal finance into videos and blog posts, crafting guides on budgeting, saving and building a secure future. But the most impactful lessons did not come from spreadsheets: they came straight from the hearts of Filipina women just like those I’m privileged to connect with. In the quiet whispers of my Inbox, I’ve encountered the silent struggles of women from all walks of life, each carrying the weight of their dreams, fears and aspirations.
SENATOR Manuel “Lito” M. Lapid has expressed concern over the proliferation of advertisements on online gambling on different social media platforms in the country.
THE national government successfully raised its full programmed amount from the tender of Treasury bills (T-bills) after the Bureau of the Treasury (BTr) saw favorable rates on Monday.
ONE of the authors of House Bill (HB) 9277 cited the windfall for the medical assistance provided by the Philippine Charity Sweepstakes Office (PCSO) if the proposed Capital Markets Efficiency Promotion Act (Cmepa) is enacted.
THE Department of Finance (DOF) has confirmed the dismissal of an erring personnel of the Bureau of Internal Revenue (BIR) who was tagged in the tampering and altering of the Point of Sales-Cash Register Machine (POS-CRM), read a statement issued by the BIR last Monday.
SENATOR Sherwin T. Gatchalian is seeking an inquiry into the smuggling of two Bugatti Chiron sports cars in the hope of addressing revenue leakage due to the illegal entry of luxury vehicles into the country.
OVERSEAS Filipino workers (OFWs) displaced by the bankruptcies of Saudi Arabian construction companies in 2015 and 2016 will be able to claim their indemnity claims through the over-the-counter banking services of the Land Bank of the Philippines (Landbank).
IMPOSING zero tariffs on hybrid vehicles is “not justifiable” right now as doing so would go against government’s goal of having electric vehicles (EVs) ubiquitous in the industry, according to Trade and Industry Secretary Alfredo E. Pascual.
MAYA Innovations Holdings Pte. Ltd., the Singapore-registered company that operates financial technology app Maya, expects to tread on a growth trajectory in this year and beyond, as it targets to hit breakeven by end-December.
THE Government Service Insurance System (GSIS) announced that its emergency loan window is now open for GSIS members and pensioners who have been affected by the African swine fever in Oriental Mindoro.
IN the ever-changing landscape of global economies, adaptability and strategic foresight have become paramount for businesses to thrive. The recently released KPMG CEO Outlook 2023 sheds light on the current economic climate, revealing intriguing insights into the minds of the world’s top executives. Despite lingering uncertainties, there’s a prevailing sense of confidence in the global economy, with 73 percent of CEOs expressing positivity about the economic outlook over the next three years.
The Bangko Sentral ng Pilipinas (BSP) advised the public that it has not issued any directive that US dollar “[bank]notes with stamps (money changer) will only be accepted until March 12” or any specified date this year.
BOND investors are urging squabbling European Union (EU) leaders to get their act together on defense spending and make the bloc’s trillion-euro bond program permanent.
NEVER has there been a time when the work of an association executive has become more complex and challenging than it is now. In today’s rapidly evolving world, it is imperative for association leaders to dig deeper into an arsenal of resources to cope with these changes.
THE Bureau of Internal Revenue (BIR) announced that more medicines used to treat cancer and mental illness as well as maintaining hypertension have been included to the list of value-added tax (VAT)-exempt drugs.
THE Maybank Investment Banking Group (Maybank IBG) maintained a positive outlook on several Philippine banks, recommending investors to keep these banks in their portfolios.
A new law expected to widen the tax base could be out this month as the head of the Department of Finance (DOF) expects the proposed Real Property Valuation and Assessment Reform Act (RPVARA) signed by President Ferdinand R. Marcos Jr. as soon as the bill gets legislative imprimatur.
WHILE it takes at least five years before digital banks can realize a profit, the Bangko Sentral ng Pilipinas (BSP) remains keen on licensing more of these banks due to high interest among market players.
Security Bank Corp. (PSE: SECB) announced it was ranked 7th in the “Top 100 Employers for Fresh Graduates” list of the local office of New South Wales, Australia-headquartered Prosple Pty Ltd. SECB was ranked in the same list at 71 last year.
THE Pru Life Insurance Corp. of UK announced opening eight new offices in the Philippines.
Two years from now, Overseas Filipino Workers (OFWs) and their families may be able to enjoy a cheaper way to send and receive remittances.
THE Department of Finance (DOF) is proposing the imposition of a 4-tier margin-based royalty ranging from 1.5 percent to 5 percent on income from mining operations outside of mineral reservations.
ACCOUNTING groups in the Philippines and Singapore have joined hands to train thousands of Filipino accountants to enable them to work in Singapore.
DIGITAL payment for the miscellaneous fees charged by the Bureau of Customs (BOC) will soon be possible through the online portal of the Landbank of the Philippines (LandBank).
AN official of the Social Security System (SSS) is calling on SSS members with unpaid short-term loans to avail of the state-run pension manager’s loan condonation program to waive the penalties of their unpaid loans.
SMALLER cryptocurrencies are starting to pull ahead of record-setting Bitcoin as traders bet the tokens are next in line to test all-time peaks.
AN analyst from Manulife Investment Management and Trust Corp. (MIM PH) said that Bangko Sentral ng Pilipinas (BSP) could lower its policy rates to lift the country’s macroeconomic growth.
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