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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......»»
The Future of Work: AI’s Double-Edged Sword for Global Economies
Artificial Intelligence (AI) holds promise in revolutionizing global productivity and economic growth. However, the flip side includes potential job displacement and a widening wealth gap. Without proper policies, nations may struggle to adapt to this emerging technology. The International Monetary Fund (IMF) indicates that nearly 40% of global jobs could be influenced by AI. In […].....»»
From the Newsrooms: March 17 to 23, 2024
By: CMFR StaffPosted on: March 25, 2024, 8:00 amUpdated on: March 25, 2024, 1:00 am THIS WEEK, "From the Newsrooms" looks at the media coverage of two events. On March 20, a hearing in the House on the Philippine Coast Guard (PCG) revealed that Chinese nationals were included in the Philippine Coast Guard Auxiliary (PCGA). On March 21, Arnolfo Teves, the alleged mastermind of the Pamplona.....»»
From the Newsrooms: March 17 to 23, 2024
By: CMFR StaffPosted on: March 25, 2024, 8:00 amUpdated on: March 25, 2024, 1:00 am THIS WEEK, "From the Newsrooms" looks at the media coverage of two events. On March 20, a hearing in the House on the Philippine Coast Guard (PCG) revealed that Chinese nationals were included in the Philippine Coast Guard Auxiliary (PCGA). On March 21, Arnolfo Teves, the alleged mastermind of the Pamplona.....»»
Council to appeal March 1 as special non-working holiday in Davao City
The Davao City Council is seeking to appeal to the national government to declare March 1 as a non-working holiday in honor of Araw ng Davao, the city's founding anniversary. Councilor Al Ryan Alejandre emphasized the importance of this appeal for the people of Davao, expressing hope that the president will grant their request. This initiative comes as a response to a new bill that designates March 1 as the new founding anniversary, shifting the traditional celebration date from March 16. Despite the bill and law designating March 1 as a working holiday, the council aims to annually request Malacañang to recognize it as a non-working holiday. The appeal is intended to ensure that Dabawenyos can actively participate in the festivities. Additionally, the executive committee of Araw ng Davao is in the final stages of organizing events and activities for the celebration. Discussions have been ongoing, with plans anticipated to be finalized soon. This move reflects the council's commitment to honoring and celebrating the city's heritage and traditions......»»
A PhD Student s Resilience: Defying Signal Challengesfor Online Learning
By Genevieve Balance KupangThough International Women's Month (March) has just come to a close, I would like to greet and celebrate the inspiring women who contribute, persevere, and achieve something for humanity every day! Here is to honoring and uplifting women everywhere!As a facilitator of adult learning, there's a constant joy in serving as an educator. In the narrative I'm about to share,.....»»
AI Revolutionizes Research & Accreditation: IAREAD Webinar a Resounding Success
by Genevieve Balance KupangThe International Association of Research Ethics Across Disciplines, Inc. (IAREAD, Inc.) hosted an innovative webinar, "Application of AI for Research & Accreditation" on March 18th and 19th, 2024. This training workshop explored the transformative potential of Artificial Intelligence (AI) in the research and accreditation landscape,.....»»
Traders, middlemen blamed for soaring commodity prices
The soaring prices of basic commodities in the market despite the wide gap in farmgate and retail prices are brought by as much as 200 percent profit of middlemen and traders, according to administration lawmakers......»»
Philippines internet divide expanding
According to an April 4 World Bank blog report titled “Upgrading Philippine Internet for Faster and Inclusive Growth,” jointly written by Naoto Kanehira, Mitch Abdon and Mary Grace Mirandilla-Santos, the access gap in broadband internet between the rich and the poor in the Philippines has been rapidly expanding, making digital opportunities out of reach for many......»»
Budget gap widens to P273 billion in 3 months
The country’s budget shortfall slightly increased in the first quarter as the government continued to spend more than what it generated from revenues......»»
House to probe farmgate, retail prices gap
he House of Representatives will conduct an inquiry into the spiraling cost of basic commodities amid low farmgate prices when session resumes on April 29......»»
Philippine daily wage insufficient to meet family living expenses
MANILA, Philippines — The nationwide daily wage disparity averaged P762 as of March 2024, with the daily minimum wage averaging only P440, the think tank Ibon Foundation said on Wednesday. Data from the Ibon Foundation showed that the wage gap was computed based on the average daily minimum wage and the average family living wage.....»»
Lady Tamaraws, Lady Falcons collide in pivotal match
Far Eastern University tries to widen its gap from multiple chasers for the coveted fourth spot, while Adamson wants to stay in the thick of the race when they figure in a crucial duel in the UAAP women’s volleyball tournament......»»
Bridging the Gap: Navigating Europe’s Growing Rural-Urban Divide
In an era defined by relentless challenges, the European Union (EU) stands at a critical juncture. Described as a ‘permacrisis,’ this period is marked by.....»»
Government budget back to deficit in February
The government reverted back to a budget deficit in February after a quick surplus at the start of the year, but a narrower gap can still be expected as the tax season draws near......»»
Xinhua world economic news summary at 0900 GMT, April 1
MANILA -- The Philippine government's budget deficit increased to 164.7 billion pesos (2.93 billion U.S. dollars) in February, the country's Bureau of the Treasury said Monday. "The wider budget gap stemmed from the 22.14 percent year-over-year increase in expenditures, matched with moderate revenue growth of 5.73 percent," the bureau said. With the February turnout, the bureau said the year-to-date fiscal balan.....»»
What makes Ricci Rivero and Leren Bautista compatible
Ricci Rivero and Leren Bautista crossed paths in the feeding program held last year in Los Baños, Laguna in celebration of Ricci’s birthday. Leren, a councilor in Los Baños, was invited to participate in the event. That meeting led to something beautiful and romantic. The five-year gap between the two is like a magnet for other people to make snippy comments. The couple is handling it well. The beauty queen-turned-politician answers back by using her wit, while Ricci doesn’t care much about the criticism......»»