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Coin deposit machines log P577 million transactions
The value of transactions through the coin deposit machines deployed by the the Bangko Sentral ng Pilipinas is close to reaching the P600-million mark, as more and more Filipinos use the machines to deposit their idle coins......»»
Pawsitivity in Action: Pilmico and Gold Coin’s ‘Woofy’ Supports Animal Shelters
Pilmico and Gold Coin (Pilmico) is committed to nourishing the lives of people and animals. Through its pet food brands “Maxime” and “Woofy,” the company demonstrates its dedication to fostering the well-being of pets. Understanding the significance of supporting animal welfare, Pilmico strives to positively impact the lives of animals by promoting responsible pet ownership […].....»»
BSP onboards 1st nonbank electronic money issuer
The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»
Alden fresh at yummy pa rin kahit pawisan nang sumali sa Sunday Run
TRENDING si Alden Richards sa social media nitong nagdaang Easter Sunday, March 31, dahil sa pagsali niya sa isang Sunday Run. Ginaganap ang nasabing fun run sa Makati City tuwing Linggo pero walang kumpirmasyon kung nitong nagdaang Linggo ng Pagkabuhay tumakbo ang Asia’s Multimedia Star. Sa mga post na nabasa nami sa X (dating Twitter),.....»»
PRO-Western Visayas boosts safety with P2.6M investment in whistles, raincoats
PRO-Western Visayas boosts safety with P2.6M investment in whistles, raincoats.....»»
BOI boosts PH’s role as green metals hub
BOI boosts PH’s role as green metals hub.....»»
Fruitas raises P200 million from corporate notes
Fruitas Holdings Inc. has completed its maiden private placement, raising P200 million from the issuance of corporate notes......»»
Fruitas raises P200-M through sale of corporate notes
Fruitas disclosed that it sold P200 million worth of corporate notes in a private placement to banks and institutional investors......»»
Tax Notes: BIR issues clarification on the taxation of cross-border services
Tax Notes: BIR issues clarification on the taxation of cross-border services.....»»
Tax Notes: BIR clarifies tax treatment of interest on borrowings
Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»
Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions
Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions.....»»
PVO notes drop in egg price
PVO notes drop in egg price.....»»
Lab Notes | Rosario’s black sand: That which we call home
Juan is just one out of many fisherfolk unable to make a living from the sight that greets them in the morning and lulls them at night. When reclamation started in Manila Bay and in Bulacan Aerotropolis, it meant finding source material for dumping, and there is no need to look farther than Cavite whose coasts are rich in black sand. High in iron content, the black sand can be used for concrete and asphalt production—a vital ingredient for built infrastructure. The post Lab Notes | Rosario’s black sand: That which we call home appeared first on Bulatlat......»»
Tax Notes: Online sellers subject to 1% expanded withholding tax
Tax Notes: Online sellers subject to 1% expanded withholding tax.....»»
BSP collects P510 million via coin deposit machines
The Bangko Sentral ng Pilipinas has collected over half a billion pesos worth of coins as part of efforts to bring them back to circulation and address the shortage due to improper storage or disposal......»»
Budget-Friendly Date Night Ideas to Enjoy
Dates can be a bit expensive, but they’re also important for keeping a strong and healthy relationship. Be it with a significant other or with your family — dates can give you opportunities to create meaningful connections and fun memories. However, dates don’t have to break the bank, dates can be fun and inexpensive, you […].....»»
BSP logs 40K complaints relating to financial consumer protection; only 5% come from Mindanao
SINCE the effectivity of the Financial Consumer Protection Act (Republic Act 11765) in June 2022, the Bangko Sentral ng Pilipinas (BSP) has logged more than 40,000 complaints from customers of different BSP-supervised financial institutions from all over the Philippines. Of this number, only around 5 percent come from Mindanao, implying the Mindanaoans' unawareness of the law......»»
BSP Governor Eyes Potential Rate Cut as Inflation Eases
In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»
BSP governor says February rate cut not likely
In statements made to the press, BSP Governor Eli Remolona said that due to the “numbers we are seeing” a rate cut “is not likely (on) February 15”, which is the next scheduled meeting date for the BSP’s Monetary Board......»»
Luxe Organix Philippines stages Green Week Fun Walk
Luxe Organix Philippines, a leading beauty brand with a strong commitment to sustainability, recently wrapped up its highly anticipated Green Week Fun Walk at the Quezon City Circle......»»