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Debt payments decline to P294 billion in February
The Marcos administration reduced its debt service to P294 billion in February amid the decline in the payment for the loan principal borrowed by the government......»»
Paying, filing of ITR ends today — BIR
The tax bureau previously said that there would be no extension for the filing and payment of the ITR......»»
New payment mechanism for power ancillary services ready
The Department of Energy is soliciting stakeholders’ comments for its plan to adopt the so-called Causer Pays Mechanism......»»
Debt payment rises threefold in January
The government jacked up its debt service by more than threefold to P159 billion in January as payments for interest and amortization both increased......»»
GSIS taps Maya for payments
State-run pension fund Government Service Insurance System is expanding its payment channels through a partnership with digital bank Maya Bank Inc......»»
Low copper prices bring down Atlas Mining income by 65%
Earnings of Atlas Consolidated Mining and Development Corp. plunged by 65 percent to P1.12 billion in 2023 from P3.22 billion in 2022 due to lower global copper prices and payment of loans......»»
DOJ sues firm for tax evasion
The Department of Justice has filed criminal charges against a company for evading tax payment by using fake receipts......»»
Phoenix lacks the retained earnings to pay PNX4 and PNX3B divs
The PSE sought an update from Dennis Uy’s Phoenix Petroleum on the non-payment of dividends to shareholders of its PNX4 preferred shares and PNX3B preferred shares......»»
NEWS BRIEFS | 9 February 2024
Politics in Cagayan de Oro heats up CAGAYAN DE ORO (MindaNews / 9 February) – Politics started to heat up here this week after former Mayor Oscar Moreno slammed Mayor Rolando Uy for accusing him of non-payment for the use of the SEARSOLIN and Manresa dormitories during the COVID-19 pandemic. Moreno said the accusations were […].....»»
Way ChaCha: Women & Youth Against Charter Change
We, the women and youth of Davao City, strongly oppose changing the Philippine Constitution, especially in the manner that allegedly involves cash payment for every solicited signature......»»
BSP finalizes blueprint for cross-border payment
The Bangko Sentral ng Pilipinas is set to issue the blueprint for multilateral cross-border payments connectivity among the Association of Southeast Asian Nations......»»
FPRRD opposes disguised Charter change initiative
Former President Rodrigo R. Duterte has vehemently opposed the disguised People’s Initiative for Charter change, denouncing the cash-for-signature campaign as repugnant and a disgraceful act during a YouTube interview with Banateros Brothers on January 22, 2024. Duterte emphasized his disapproval of the initiative, urging for it to be halted, particularly criticizing the payment of individuals to sign the documents. He warned that such actions could lead to a new Constitution that might destroy the nation and open avenues for political abuses. Duterte stressed the importance of democracy in the Philippines, asserting that those seeking to remain in power should go through the electoral process. He highlighted that a well-performing and non-corrupt individual would retain power, while those with poor performance would be ousted through the electoral process. Expressing satisfaction with the current Constitution, Duterte argued that it has contributed to stability, reducing conflicts with groups like the New People's Army (NPA). He strongly advised against meddling with the Constitution, cautioning that it would only bring trouble to the country. Duterte pledged active opposition to the initiative, stating that he would campaign against it. Additionally, residents of Calinan District, Vice President Sara Duterte, and Representatives Isidro Ungab and Paolo Pulong Duterte have also voiced opposition to the People's Initiative for Charter Change. Margarita Atty. Migs Nograles, the representative of the Pwersa ng Bayaning Atleta (PBA) Partylist, alleged to have started the cha-cha signature campaign, has yet to issue an official statement on the matter as of the latest update. Related stories include the denouncement of alleged `vote buying’ in signing the petition for Cha-cha by Davao City lawmakers, Vice President Duterte's condemnation of the cash-for-signature drive, and a prayer rally against PI’s Cha-cha on Jan 28......»»
PMPI Issues Urgent Warning against Alleged Manipulation of People s Initiative for Constitutional Amendments
Philippine Misereor Partnership Inc. (PMPI) expresses alarm over reports that a campaign to amend our Constitution through the people's initiative has begun.Various accounts have alleged that payment or aid is being used to lure people to sign documents to push for the so-called charter change through a people's initiative. Worse, there are reports that local government officials have facilitated these alleged c.....»»
PMPI Issues Urgent Warning against Alleged Manipulation of People s Initiative for Constitutional Amendments
Philippine Misereor Partnership Inc. (PMPI) expresses alarm over reports that a campaign to amend our Constitution through the people's initiative has begun.Various accounts have alleged that payment or aid is being used to lure people to sign documents to push for the so-called charter change through a people's initiative. Worse, there are reports that local government officials have facilitated these alleged c.....»»
BSP onboards OmniPay as 1st non-bank in settlement platform
The Bangko Sentral ng Pilipinas has onboarded OmniPay Inc. in the roster of financial institutions that settle high value transactions safely and instantly through the central bank-owned and operated national payment system......»»
Drive vs. online abuse of kids strengthened inCity of Naga
Drive vs. online abuse of kids strengthened inCity of Naga.....»»
Kampanya batok anti-online abuse sa Naga, gipakusgan
Kampanya batok anti-online abuse sa Naga, gipakusgan.....»»
This innovative platform lets you start an online business quick and easy
Customers of NEXT BASKET, referred to as Partners, have two options for utilizing the platform‘s services: either (1) independently managing their online store or (2) entrusting NEXT BASKET‘s experts, known as Business Without Employees, to handle all management and related business activities......»»
Comelec yet to award online voting contract
The Commission on Elections (Comelec) is still doing post-qualification evaluation and has yet to award a contract for the online voting and counting system (OVCS) for overseas voting in the May 2025 midterm elections......»»
This innovative platform lets you start an online business quick and easy
Customers of NEXT BASKET, referred to as Partners, have two options for utilizing the platform‘s services: either (1) independently managing their online store or (2) entrusting NEXT BASKET‘s experts, known as Business Without Employees, to handle all management and related business activities......»»