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BSP planning wholesale digital currency drop by 2026

The Bangko Sentral ng Pilipinas, our country’s central bank, is planning to launch a “central bank digital currency” within two years......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions

Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions.....»»

Category: newsSource:  sunstarRelated NewsFeb 10th, 2024

120 families homeless in Quezon City fire

At least 120 families were displaced yesterday after a fire razed a slum area in Quezon City......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

ARTA targets 120 LGUs for full permit automation

The Anti-Red Tape Authority is helping 120 local government units to fully automate their business permits processing this year......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Maharlika ready to make first investment in 90-120 days

Maharlika Investment Fund CEO, Rafael Consing, said that the MIF would likely make its first investment “in the next 90 to 120 days”......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

120% pagtaas insidenteng sunog sa 2023

120% pagtaas insidenteng sunog sa 2023.....»»

Category: newsSource:  sunstarRelated NewsJan 14th, 2024

Imee hinamon na gisahin si Digong sa China deal

Hinamon ni dating Senador Antonio Trillanes IV si Senadora Imee Marcos na magpatawag ng imbestigasyon sa Senado hinggil sa pinasok na kasunduan ni dating Pangulong Rodrigo Duterte sa China. The post Imee hinamon na gisahin si Digong sa China deal first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 1st, 2024

China urges ROK to stay prudent on South China Sea issue: Chinese FM

BEIJING, March 28 (Xinhua) -- China urges the Republic of Korea (ROK) to stay prudent when it comes to the South China Sea issue, Chinese foreign ministry spokesperson Lin Jian said on Thursday. Lin made the remarks at a regular press briefing when responding to a media query about ROK Foreign Ministry Spokesperson's biased and unfactual comments on the South China Sea issue over the past few days. "China.....»»

Category: newsSource:  manilanewsRelated NewsMar 28th, 2024

Approved foreign investments into Philippines up 127.2 pct in Q4 of 2023

MANILA, Feb. 15 (Xinhua) -- The approved foreign investments into the Philippines in the fourth quarter of 2023 reached 394.45 billion pesos (roughly 7 billion U.S. dollars), marking a year-on-year increase of 127.2 percent, the Philippine Statistics Authority (PSA) said on Thursday. Of the total, the statistics agency said the Netherlands posted the highest investment commitment, amounting to 345.76 billion pes.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Approved foreign investments into Philippines up 127.2 pct in Q4 of 2023

MANILA, Feb. 15 (Xinhua) -- The approved foreign investments into the Philippines in the fourth quarter of 2023 reached 394.45 billion pesos (roughly 7 billion U.S. dollars), marking a year-on-year increase of 127.2 percent, the Philippine Statistics Authority (PSA) said on Thursday. Of the total, the statistics agency said the Netherlands posted the highest investment commitment, amounting to 345.76 billion pes.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Philippines posts 1.2 bln USD surplus in March

MANILA, April 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 1.2 billion U.S. dollars in March 2024, slightly lower than the 1.3-billion-dollar BOP surplus recorded a year ago, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in March reflected inflows arising mainly from the national government's net foreign currency deposi.....»»

Category: newsSource:  manilanewsRelated News16 min. ago

China deal ni Digong tatalupan ng Senado

Iimbestigahan ng Senado ang sinasabing ‘gentleman’s agreement’ ni dating Pangulong Rodrigo Duterte kay Chinese President Xi Jinping sa West Philippine Sea. The post China deal ni Digong tatalupan ng Senado first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 4th, 2024

China urges Philippines to stop provocations in South China Sea

BEIJING, April 1 (Xinhua) -- China urges the Philippines to immediately stop violating China's sovereignty and its provocations on Ren'ai Jiao, and return to observing the spirit of the Declaration on the Conduct of Parties in the South China Sea (DOC), Chinese foreign ministry spokesperson Wang Wenbin said on Monday. Wang made the remarks when asked to comment on a statement made by the Philippine department of.....»»

Category: sportsSource:  abscbnRelated NewsApr 2nd, 2024

China gets increasingly rambunctious in South China Sea

Hong Kong, April 1 (ANI): Chairman Xi Jinping, as part of his hardening stance against the Philippines, has obviously instructed agencies like the China Coast Guard (CCG), which is directly under his command, to demonstrate greater vigor in the South China Sea. Indeed, Second Thomas Shoal has emerged as a potent flashpoint in the South China Sea, a submerged reef situated 194km west of the Philippine island of Palawan. Th.....»»

Category: sportsSource:  abscbnRelated NewsApr 1st, 2024

China coastguard uses water cannons against Philippine ships in South China Sea

MANILA/SHANGHAI (Reuters) -China’s coastguard said it had taken measures against Philippine vessels in disputed waters of the South China Sea on Saturday, while the Philippines decried the moves, including the use of water cannons, as “irresponsible and provocative”. China’s actions led to “significant damage” and injury to personnel on a civilian boat hired to resupply.....»»

Category: newsSource:  inquirerRelated NewsMar 24th, 2024

Australia, Britain Criticize China for Actions in Hong Kong

SYDNEY - Australia and Britain on Friday criticized China for its actions in Hong Kong and the South China Sea and its support of Russia, after a meeting in which London and Canberra deepened their security ties.The two countries called out 'recent unsafe and destabilizing behavior by China's vessels against Philippine vessels and crew near Second Thomas Shoal in the South China Sea,' in a statement that contain.....»»

Category: newsSource:  manilanewsRelated NewsMar 22nd, 2024

China says it opposes Philippine construction on Nansha Islands

China firmly opposes the Philippine side conducting any form of construction activity on the islands and reefs of China's Nansha Islands that it invaded and illegally occupied, a spokesperson for China's Defense Ministry said Thursday.  "China has indisputable sovereignty over the Nansha Islands and the adjacent waters, which is fully backed by historical and legal evidence," Wu Qian, a spokesperson for the.....»»

Category: newsSource:  philippinetimesRelated NewsJan 26th, 2024

China says it opposes Philippine construction on Nansha Islands

China firmly opposes the Philippine side conducting any form of construction activity on the islands and reefs of China's Nansha Islands that it invaded and illegally occupied, a spokesperson for China's Defense Ministry said Thursday.  "China has indisputable sovereignty over the Nansha Islands and the adjacent waters, which is fully backed by historical and legal evidence," Wu Qian, a spokesperson for the.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

Belle to start P5.3 billion tender for PLC shares

Belle Corp., one of the portfolio investments of the Sy family’s SM Investments Corp., will start tomorrow its P5.3 billion tender offer to buy out the minority shareholders of subsidiary Premium Leisure Corp. , which will result in the latter’s delisting from the Philippine Stock Exchange......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Philippines foreign investments yield net outflows in December

MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024