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Further improvement in Philippines external position seen
The Bangko Sentral ng Pilipinas (BSP) sees a further improvement in the country’s external payments position this year due to a likely higher balance of payments (BOP) surplus and a narrower current account (CA) deficit......»»
SSS releases P257 billion in benefit payments
State-run pension fund Social Security System released P257.4 billion in benefit payments to 4.7 million members last year......»»
Philippines posts 740 mln USD deficit in January
MANILA, Feb. 20 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 740 million U.S. dollars deficit in January 2024, a reversal from the 3.1 billion dollars BOP surplus recorded a year ago, the country's central bank has said. The Bangko Sentral ng Pilipinas (BSP) said on Monday that the BOP deficit in January reflected outflows arising mainly from the national government's payments of its f.....»»
Philippines posts 740 mln USD deficit in January
MANILA, Feb. 20 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 740 million U.S. dollars deficit in January 2024, a reversal from the 3.1 billion dollars BOP surplus recorded a year ago, the country's central bank has said. The Bangko Sentral ng Pilipinas (BSP) said on Monday that the BOP deficit in January reflected outflows arising mainly from the national government's payments of its f.....»»
BSP hits 50 percent target in digitized payments
The Bangko Sentral ng Pilipinas managed to hit its goal of shifting half of total retail payments to digital channels in 2023, with more small businesses likely to onboard moving forward......»»
SEC-Davao advises timely submission of requirements for amnesty payments
The Securities and Exchange Commission (SEC) Davao Extension Office is reminding corporations who have participated in the amnesty program to ensure timely submission of required documents by January 31. Failure to comply will result in forfeiture of payments and incurring additional penalties as outlined in SEC Memorandum Circular No. 20, series of 2023. Non-compliant corporations must submit their latest General Information Sheet (GIS) and Annual Financial Statement (AFS) through the SEC Electronic Filing and Submission Tool (eFAST). Meanwhile, suspended or revoked corporations should submit their petitions along with necessary documents to the Extension Office via email at secdavao@gmail.com. For more information, applicant-corporations can contact SEC Davao Extension Office at 0932-973-8791. It is important to note that the Commission is planning to implement a substantial increase in basic penalties for late and non-filing of reports post-amnesty period, with penalties potentially increasing by up to 1,900 percent......»»
PDIC now accepts digital payments through Land Bank of the Philippines’ Link.BizPortal facility
PDIC now accepts digital payments through Land Bank of the Philippines’ Link.BizPortal facility.....»»
Navigating Challenges in B2B Cross-Border Payments
Cross-border payments are vital to B2B operations, enabling businesses to extend their reach globally. While these transactions offer opportunities for international trade, they also present.....»»
BTI Payments partners with Southstar Drug to expand Philippines footprint
BTI Payments Philippines Inc., a wholly owned subsidiary of Australia’s Banktech, has partnered with Southstar Drug to further expand its footprint in the Philippines......»»
Market extends gains to 4th day
The stock market extended its winning streak to four yesterday, but gains were minimal due to lack of catalysts......»»
Marcos extends service of government contractual workers
President Marcos has extended the employment of contract of service and job order workers in government whose contracts will expire in December, and has directed agencies to help them find permanent posts......»»
Here s how Richard Pines elevated his agency to new heights
His solution was designing websites. Selected by Webflow as its brand ambassador, Pines, who is based in San Francisco, extends the company’s vision to the Philippines and nurtures local talent. He believes websites hold significant value as they can significantly boost revenue, a primary goal for businesses......»»
Market extends losses as inflation quickens
The stock market extended its losing streak yesterday, closing the week in the red as inflation accelerated for a second straight month in March......»»
Singaporean embassy in India extends Holi wishes, shares images of celebrations in Barsana
New Delhi [India], March 24 (ANI): As Indians across the world geared up to ring in the festival of colours, the Singaporean embassy in the national capital extended its greetings for Holi, wishing that the festival would bring peace and joy to all. It also shared mesmerising pictures of Holi celebrations in one of India's oldest and most popular pilgrimage sites, Barsana, in Uttar Pradesh. A post on the official X handle.....»»
Go extends aid to Muntinlupa fire victims
In observance of Fire Prevention Month, Sen. Bong Go and his Malasakit Team distributed aid on March 21 to almost 1,000 families in Alabang, Muntinlupa who were affected by a recent fire......»»
Singaporean embassy in India extends Holi wishes, shares images of celebrations in Barsana
New Delhi [India], March 24 (ANI): As Indians across the world geared up to ring in the festival of colours, the Singaporean embassy in the national capital extended its greetings for Holi, wishing that the festival would bring peace and joy to all. It also shared mesmerising pictures of Holi celebrations in one of India's oldest and most popular pilgrimage sites, Barsana, in Uttar Pradesh. A post on the official X handle.....»»
Global Dominion pushes for inclusive training programs for businessmen
This innovative initiative goes beyond training the company’s loan agents; it extends its reach to partner dealers and customers, offering valuable insights into essential topics such as business registration and expansion. .....»»
Century Pacific expands and extends coco product supply agreement with Vita Coco
Century Pacific Food said that it has entered into a new agreement with The Vita Coco Company, which CNPF describes as a “global leader in the coconut water category”, to supply Vita Coco with 90 million liters of coconut water over the next five years......»»
Global Dominion pushes for inclusive training programs for businessmen
This innovative initiative goes beyond training the company’s loan agents; it extends its reach to partner dealers and customers, offering valuable insights into essential topics such as business registration and expansion. .....»»
‘Staying humble’: Blackwater to keep pushing after 3-0 start
Blackwater extends its spotless run in the PBA Philippine Cup with a commanding win over hapless Converge, moving within one victory from tying its best unbeaten start in franchise history.....»»