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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......»»
68 LGUs now onboard Paleng-QR Ph
The Bangko Sentral ng Pilipinas has onboarded 68 local government units onto its Paleng-QR Ph Plus program since its launch in 2022, promoting the use of digital payments in public markets, public utility vehicles and business establishments......»»
DA backs allowing NFA to sell rice in markets
The Department of Agriculture supports the move of Speaker Martin Romualdez to amend the Rice Tariffication Law (RTL) to allow the National Food Authority (NFA) to sell rice in the markets, DA Assistant Secretary and spokesman Arnel de Mesa said yesterday......»»
Presyo Merkado: Current prices of food in Metro Cebu markets
Presyo Merkado is a daily guide to the prices of goods in different markets around Metro Cebu. Stay updated by checking our site and social media platforms every morning. (UPDATED) CEBU CITY, Philippines —It is almost payday! What are you planning to buy in the market? You may check the prices of goods and commodities.....»»
100K MT imported galunggong diverted to markets
At least 100,000 metric tons of imported galunggong or round scad were diverted to wet markets during the last nine months, Agriculture Secretary Francisco Tiu Laurel Jr. said yesterday......»»
Emerging tourist markets give Cebu hope
Emerging tourist markets give Cebu hope.....»»
IBPAP eyeing new markets in Europe
The umbrella group of information technology-business process management firms in the country is aiming to grow and tap new markets in Europe as the Philippines and European Union resume negotiations for a free trade agreement......»»
Dovish Powell lifts markets to historic highs
Last week, US equities reached new all-time highs, thereby lifting global stock markets. This came on the back of Federal Reserve (Fed) Chair Jerome Powell’s dovish policy statement. In that speech, Powell touted considerable progress in bringing down inflation, notwithstanding the bumps in the road toward the two percent target......»»
Negros Occidental sets monthly ‘Kadiwa ng Pangulo’ markets
Negros Occidental sets monthly ‘Kadiwa ng Pangulo’ markets.....»»
Prices of food supplies in Mindanao markets soar amid Ramadhan
The Bangsamoro government and its constituent-local government units have fused ranks to stop the practice of unscrupulous traders to increase prices of food supplies they sell in markets during the Islamic Ramadhan season......»»
Shares gain anew, track upswing in US markets
Local shares sustained its recovery, tracking the upswing in US markets......»»
Philippines among most friendly markets for consumer brands in AsPac
The Philippines is among the most friendly markets in Asia Pacific (AsPac) for incumbent consumer brands, according to global consultancy Bain and Co......»»
BPI eyes return to debt markets in 1st half
Bank of the Philippine Islands is looking to tap the local and foreign debt markets within the first half of the year to raise funds to refinance its maturing obligations and beef up its lending portfolio......»»
Philippines posts 196 mln USD deficit in February
MANILA, March 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 196-million-U.S. dollar deficit in February, significantly lower from the 895-million-dollar BOP deficit recorded a year ago, the country's central bank said on Tuesday. The Bangko Sentral ng Pilipinas (BSP) said the BOP deficit in February reflected outflows arising mainly from the national government's foreign currency deb.....»»
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......»»
Philippines posts 642 mln USD surplus in December
MANILA, Jan. 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency dep.....»»
Philippines posts 642 mln USD surplus in December
MANILA, Jan. 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency dep.....»»