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BSP tightens pawnshop regulations

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) has tightened the rules governing pawnshops as the industry plays an important role in building a.....»»

Category: financeSource:  philstarRelated NewsDec 24th, 2016

Watchdog tightens rules against money laundering

THE ANTI-MONEY LAUNDERING Council (AMLC) has released new regulations about 10 months after a stolen $81-million made its way into the Philippine financial system and unmasked loopholes in the relevant measure......»»

Category: newsSource:  bworldonlineRelated NewsDec 23rd, 2016

BSP loosens forex restrictions anew

THE BANGKO SENTRAL ng Pilipinas (BSP) has eased rules on foreign exchange flows anew to facilitate entry of significant amounts for foreign banks in the country as they move to meet capital requirements......»»

Category: newsSource:  bworldonlineRelated NewsDec 14th, 2016

BSP tightens rules on remittances, dormant accounts

MANILA, Philippines - Local remittance senders will now have to shoulder alone transaction fees and charges under new regulations of the Bangko Sentral ng Pi.....»»

Category: financeSource:  philstarRelated NewsOct 27th, 2016

Central bank tightens rules on deposit dormancy

THE BANGKO SENTRAL ng Pilipinas (BSP) has capped the monthly deposit dormancy fee imposed by banks and other financial entities and issued stricter requirements before they can penalize owners of idle accounts, as part of efforts to boost consumer protect.....»»

Category: newsSource:  bworldonlineRelated NewsOct 26th, 2016

On ‘issue-based’ VAT audits: BIR tightens watch on businesses

MANILA, Philippines - Businesses are now under tighter watch by the Bureau of Internal Revenue (BIR), which issued new rules and procedures covering “issue-b.....»»

Category: financeSource:  philstarRelated NewsSep 22nd, 2016

China Bank to inject P2B more into thrift bank arm

CHINA Banking Corp., a banking affiliate of the SM Group, on Thursday announced the approval of a fresh P2-billion capital infusion to its thrift bank arm China Bank Savings Inc. (CBSI). “This is to inform the Exchange that our Executive Committee a.....»»

Category: newsSource:  manilatimes_netRelated NewsSep 22nd, 2016

Beijing tightens maritime rules after South China Sea case

Beijing tightens maritime rules after South China Sea case.....»»

Category: newsSource:  rapplerRelated NewsAug 2nd, 2016

China relaxes rules for foreign investors

SHANGHAI -- China will relax restrictions on foreign enterprises investing in its fledgling free trade zones (FTZs) in a bid to attract more overseas capital, the countrys cabinet said on Tuesday......»»

Category: newsSource:  bworldonlineRelated NewsJul 21st, 2016

18 dead in Pakistan blast

PESHAWAR, Pakistan – A bomb exploded yesterday in a market in a northwestern tribal region that borders Afghanistan, killing at least 18 people and wounding at least 51. Dr. Sabir Hussain at the Parachinar main hospital said 11 critically wounded people who were brought from the vegetable market blast site died while being treated. He said several of the wounded were in serious condition and being shifted to other hospitals for better care. Shahid Khan, an assistant tribal administrator, said the explosion took place when the market was crowded with retailers buying fruits and vegetables from a wholesale shop. He said the attack was being investigated. No group immediately claimed responsibility. Khan said some of the wounded would be airlifted to hospitals in Peshawar, the capital of northwestern Khyber Pakhtunkhwa province. Hospitals in tribal regions and rural areas of Pakistan typically are not equipped to handle such emergencies. Ashiq Hussain, who was lightly wounded, was being treated in Parachinar hospital. He said he was among the people purchasing fruits and vegetables loaded on a van when the explosion took place. “There was big bang and dark cloud of smoke and dust I saw before passing out.” (AP).....»»

Category: newsSource:  tempoRelated NewsJan 21st, 2017

Kazakh capital Astana flaunts role as platform for peace

Kazakh capital Astana flaunts role as platform for peace.....»»

Category: newsSource:  manilatimes_netRelated NewsJan 21st, 2017

Standard’s Choice: 65th Miss Universe hot picks

Pageant fever is taking over the entire country as 86 of the most “confidently beautiful” women in the world descended on the Philippine capital to compete for the coveted diamond-encrusted Miss Universe crown......»»

Category: entertainmentSource:  thestandardRelated NewsJan 21st, 2017

Miss Universe 2016 changes competition rules

Miss Universe 2016 changes competition rules.....»»

Category: newsSource:  rapplerRelated NewsJan 21st, 2017

Ayala spending about P174 B for various projects

MANILA, Philippines - Ayala Corp., the country’s oldest conglomerate, expects to pour in this year the same amount of capital expenditures it allocated last.....»»

Category: financeSource:  philstarRelated NewsJan 20th, 2017

Alterra borrows P400 M

MANILA, Philippines - Philab Industries’ backdoor listing vehicle Alterra Capital Partners Inc......»»

Category: financeSource:  philstarRelated NewsJan 20th, 2017

Central bank tightens watch on money changers

THE BANGKO SENTRAL ng Pilipinas (BSP) will keep a closer watch on remittance and transfer companies (RTCs), foreign exchange dealers (FXDs), money changers (MCs) and other money service businesses (MSBs), as part of efforts to combat money laundering in the country......»»

Category: newsSource:  bworldonlineRelated NewsJan 20th, 2017

Globe Telecom lowers capital spending to $750M for 2017

Globe Telecom lowers capital spending to $750M for 2017.....»»

Category: newsSource:  rapplerRelated NewsJan 20th, 2017

Bundesliga will be ready to use video review next season

FRANKFURT, Germany (AP) — The Bundesliga says it will be ready to use video review next season. FIFA's rules making panel, known as IFAB, is working with leagues to introduce Video Assistant Referees (VARs) ahead of likely approval for the 2018 World Cup in Russia. FIFA wants video review only for potential 'clear errors' in four situations: Goals being scored, penalties being awarded, players being sent off, and cases of mistaken identity. IFAB should decide early next year on using VARs at the World Cup. Germany's top league kicks off next season in August. A Bundesliga statement says it opted for a system 'where all VARs will be assembled at a single location on the day of play,' as the NBA and MLB use. In Russia, FIFA could opt for VARs working at the stadium as part of each referee's support team. .....»»

Category: sportsSource:  abscbnRelated NewsJan 19th, 2017

UEFA president says travel tricky for fans at Euro 2020

ST. PETERSBURG, Russia (AP) — Soccer fans will face 'a challenge' when traveling between games at the continent-wide 2020 European Championship, UEFA President Aleksander Ceferin said Thursday. The tournament will be held in 13 cities across Europe to mark its 60th anniversary, ranging from the Irish capital of Dublin in the west to the Azerbaijani city of Baku in the east. 'Of course it's a challenge if fans have to travel thousands and thousands and thousands of kilometers across Europe,' Ceferin said at a ceremony in the Russian host city of St. Petersburg. 'It can be very interesting but it can be a big challenge even for a big organization such as UEFA. I think everything will be fine, I'm sure.' UEFA will pair cities for the group stage to try to reduce travel distances for fans, though the exact system won't be revealed until later. Having 13 host countries also means everyone has to go through qualifying. In the past, hosts qualified automatically, even when the tournament was held in two countries at once, such as Poland and Ukraine in 2012. Ceferin also said he was dedicated to ensuring Europe would receive more qualifying spots when FIFA expands the World Cup to 48 teams from 2026, up from its current allocation of 13. 'We will fight for as much possible,' he said. 'The best quality of football in the world is in Europe.' .....»»

Category: sportsSource:  abscbnRelated NewsJan 19th, 2017

With little room to maneuver, Syria s rebels head for talks

BEIRUT — Syrian rebels are sending more than a dozen representatives next week to the capital of Kazakhstan for talks with government representatives, the fi.....»»

Category: newsSource:  philstarRelated NewsJan 19th, 2017