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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......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

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.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

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.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 10th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

InstaPay, PESONet transactions hit P3.8 trillion in Q1

The value of online payments coursed through the automated clearing houses established by the Bangko Sentral ng Pilipinas (BSP) reached P3.81 trillion in the first three months of the year, as Filipinos continue to use digital channels for their financial transactions......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

CIMB boosts financial inclusion with Lazada

Digital-only commercial bank CIMB Bank Philippines has teamed up with e-commerce platform Lazada Philippines to further advance financial inclusion and digital payments among Filipinos, targeting to onboard 500,000 borrowers within six months......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

OVP says deleted EDSA anniversary statement was posted mistakenly

The OVP on Monday confirmed to reporters that it had taken down a message by Duterte on the 38th anniversary of the 1986 EDSA People Power Revolution that was mistakenly posted by their social media team......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

Environmentalists posted bail, continuing their fight after abduction

In a joint statement, Castro and Tamano emphasized that the Office of the Solicitor General appealed the decision of the Supreme Court to grant them the legal remedies. The post Environmentalists posted bail, continuing their fight after abduction appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 23rd, 2024

TikTok video on translating Cebuano term to English goes viral

CEBU CITY, Philippines– TikTok sensation Ms. Steffy posted a video that put netizens in a dilemma, questioning themselves, “So, unsaon man jud ni pag-ingon?” This simple jeepney scenario could be relatable to some and has gotten everyone thinking of how they can say the Cebuano phrase, “Plete, palihug.” Steffy Medoza from Consolacion, Cebu posted a.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Rene Saguisag, former senator and human rights lawyer, is dead at 84

MANILA, Philippines — Rene Saguisag, former senator and human rights lawyer, has died.  His passing was announced by the late senator’s son, Rebo Saguisag, in a statement that he posted on his Facebook page on Wednesday. “We are grateful that, in his final months, he was able to spend time with relatives, friends and countless.....»»

Category: newsSource:  inquirerRelated NewsApr 24th, 2024

Trade deficit narrows in February

The Philippines posted its narrowest trade deficit in five months in February as exports grew at a faster pace than imports, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Ecozone investments slip by 9% in 4 months

Total investments approved by the Philippine Economic Zone Authority reached nearly P30 billion in the first four months of 2024, a nine percent decline from P33.094 billion worth of projects cleared in the same period last year......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

Over P600 billion projects approved in 4 months – BOI

Investments approved by the Board of Investments (BOI) have reached more than P600  billion in the first four months of the year......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

Rust armorer sentenced to 18 months over deadly on-set shooting

The armorer who loaded the gun that killed a cinematographer on the set of the Alec Baldwin movie "Rust" was sentenced to 18 months in prison by a US court......»»

Category: newsSource:  philstarRelated NewsApr 16th, 2024

Bea Alonzo still Dominic Roque s phone wallpaper 2 months after wedding called off

Actor Dominic Roque still has a photo of his ex-fiancee and fellow actress Bea Alonzo as the wallpaper of his phone, two months since the pair called off their engagement......»»

Category: newsSource:  philstarRelated NewsApr 12th, 2024

LRT-2 revenue, ridership up in 2 months

The Light Rail Transit Authority grew its revenue collection by double digits in the first two months of the year, reaping the benefits of recovering ridership at the Light Rail Transit Line 2......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

DA confident of PH’s stable fish supply in the coming months

DA confident of PH’s stable fish supply in the coming months.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

DA confident of PH’s stable fish supply in the coming months

DA confident of PH’s stable fish supply in the coming months.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

DA confident of PH’s stable fish supply in the coming months

DA confident of PH’s stable fish supply in the coming months.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024