Solon urges taxpayers to file tax returns early
SENATOR Sherwin T. Gatchalian urged taxpayers to file their income tax returns as the April 15 deadline for filing approaches.
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SENATOR Sherwin T. Gatchalian urged taxpayers to file their income tax returns as the April 15 deadline for filing approaches.
THE high-than-expected inflation print in the United States could significantly delay the decision of the US Federal Reserve to cut key policy rates, according to the Asian Development Bank (ADB).
AS April’s tax deadline nears, so does the risk of disruptions in US funding markets, according to Wall Street analysts.
REVENUES generated by the national government through privatization recorded a triple-digit growth for the first two months of the year, exceeding its income for the same period a year ago.
FOR years, the International Monetary Fund has collected billions of dollars in fees from its biggest borrowers, a practice that penalized those most in need. Now, with its coffers refilling and interest rates running high, the world’s lender of last resort is considering giving them a break.
TREASURY investors see more room for gains than losses in the short term as US inflation is expected to show underlying price growth in the economy is slowing.
A top US consumer watchdog is considering whether to bar mortgage bankers from charging homebuyers for title insurance that protects the lenders, ending a long-standing industry practice.
A monthly report on consumer prices due Wednesday is unlikely to settle the debate around the timing of Federal Reserve interest-rate cuts, with forecasters expecting some moderation following elevated inflation readings at the start of the year.
IN 2023, the Department of Trade and Industry (DTI) and its attached agency, the Board of Investments (BOI), held a conference for members of the Chinese Enterprises Philippine Association (CEPA) who wanted to leverage on the numerous prospects that the country has to offer. The BOI conducted the Philippine Investment Opportunities Briefing for CEPA at the New World Hotel Makati last June.
THE Philippine Fisheries Development Authority (PFDA) said it will increase the amount of dividends it will remit to the National Treasury this year following the Department of Finance’s (DOF) appeal to raise their shares.
ABOUT 83.2 percent of the P5.767-trillion national budget for 2024 has been released as of end-March, according to the Department of Budget and Management (DBM).
The US Treasury Department is asking politicians for more enforcement powers to use against foreign providers of crypto services, part of a goal of protecting national security.
Bonds climbed, clawing back some of Monday’s slump in the buildup to US inflation figures that are crucial to the debate over when the Federal Reserve will start to cut interest rates.
DIGIDO Finance Corp., operator of the Unacash app, announced the roll out of its installment loans service amounting from P3,000 to P5,000, with flexible repayment terms between two months to 12 months.
Consumers are divided over Bitcoin’s staying power, with about one-third expecting the world’s largest cryptocurrency to slide below $20,000 by the end of the year, according to a survey by Deutsche Bank.
FWD Life Insurance Corp. (FWD PHL) dislodged Allianz PNB Life Insurance Inc. as the third-largest insurer in terms of New Business Annual Premium Equivalent (NBAPE) with P4.59 billion in total sales last year.
THE rapid growth of the “new car market” has led Security Bank Corp. (PSE: SECB) and Mitsubishi Motors Corp. to enter into a joint venture agreement to offer financing services to Mitsubishi Motors’ customers in the Philippines.
FUSE Lending Inc., the credit arm of GCash-platform owner Globe Fintech Innovations Inc. (GFII), has disbursed over P118 billion in loans by the end of 2023.
THE national government borrowed a total of P35.6 billion from the combined auction of Treasury bills (T-bills) and bonds (T-bonds), which saw mixed results due to higher average auction yields for both debt papers.
LOCAL cryptocurrency exchange platform Philippine Digital Asset Exchange (PDAX) recently expressed optimism on the government regulatory bodies on their positive stance on cryptocurrency stressing that this level of oversight is crucial for platform integrity and user trust.
SEVERAL warehouses in Cavite with a total tax liability of P5.4 billion were raided in a large-scale operation by personnel of the Bureau of Internal Revenue (BIR) in its bid to stop the illicit trade of cigarettes in the country.
SHOPPERS availing of buy-now-pay-later (BNPL) payments can benefit from CIMB Bank Philippines Inc. (CIMB Bank PH) latest partnership with Lazada E-Services Philippines Inc.
OVERSEAS Filipinos affected by the magnitude 7.2 earthquake that hit Taiwan on Wednesday will soon be eligible to avail of the calamity loan offered by the Social Security System (SSS).
THE Brunei Darussalam Central Bank (BDCB) and Bank of the Lao PDR (BOL) become the latest addition to the Regional Payment Connectivity Initiative (RPC) in the Association of Southeast Asian Nations (Asean).
THE Philippine Council of Associations and Association Executives (PCAAE) recently organized a webinar entitled HLeadership Elevated: Transforming Managers into Visionary Leaders” conducted by Dr. Celia Chomón Zamora, CAE and Director of Professional Learning and Certification for the American Council on the Teaching of Foreign Languages (ACTFL).
THE Hong Kong and Shanghai Banking Corp. (HSBC) committed new investments in the country during a courtesy meeting with President Ferdinand R. Marcos, Jr. last Thursday.
THE Philippine banking system posted a non-performing loan (NPL) ratio of 1.56 percent in February, latest data released by the Bangko Sentral ng Pilipinas (BSP) showed.
THE Bank Marketing Association of the Philippines (BMAP) announced it is set to celebrate its golden anniversary this year with the theme “BMAP@50: Tradition to Transformation.” A statement read the theme “reflects on the significant milestones and achievements of BMAP through the years but also sets the stage for a future where it continues to lead the way in driving innovation in the banking sector.”
THE Bureau of Customs (BOC) announced last Wednesday of having exceeded its revenue target for March, bringing its total collection of P219.385 billion in duties and taxes for the first quarter of the year.
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