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The Importance of Still Keeping Loose Change
In the Philippines, the convenience of digital payments is quickly becoming the norm. There are now fewer lines to the ATMs every payday, people are now using their phones more for payments, and digital banks are becoming more prevalent. Amidst the digital transformation the country is undergoing, we often hear “I don’t have cash” from […].....»»
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.....»»
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......»»
GCash’s new feature shows carbon reduced by doing digital transactions
Finance app and cashless ecosystem GCash has announced its newest update, Green Transaction Alerts, which allows users to see the grams of carbon they reduced by digitally sending money and doing bank transfers......»»
GCash marks International Girls in ICT Day, holds mentoring sessions
GCash, the Philippines' leading finance app and largest cashless ecosystem, celebrates International Girls in ICT Day last April 25 with a series of initiatives where women in tech are recognized......»»
Busting credit card fraud rings
Credit card scams could happen to you, especially as the world becomes an increasingly cashless global village......»»
Paleng-QR Philippines launched in Quezon City public market
Quezon City Mayor Joy Belmonte yesterday led the launch of the Paleng-QR Ph Plus program that will enable cashless transactions at the Project 4 public market. .....»»
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......»»
Palma: 2 new dioceses in 2024, oratio imperata for rain ‘soon’
Palma: 2 new dioceses in 2024, oratio imperata for rain ‘soon’.....»»
CCSC pool to reopen very soon
CEBU CITY, Philippines — The new-look Cebu City Sports Center (CCSC) Olympic-sized pool will re-open soon. It was officially announced by the Palarong Pambansa 2024 Cebu City organizers on a Facebook page earlier this week. According to Cebu City Sports Commission (CCSC) Chairman John Pages, they will reopen it early next week without an exact.....»»
Remains of 3 OFWs from UAE floods home soon
The remains of the three Filipino workers who died during severe flooding in the United Arab Emirates (UAE) are to be repatriated soon, according to the Overseas Workers Welfare Administration (OWWA)......»»
Karla ibinandera ang next pasabog ni Daniel: Congrats, anak…Soon!
ABANGERS ang mga supporters at social media followers ni Daniel Padilla sa matinding pasabog nito na babandera na very soon. Mismong ang nanay ni DJ na si Karla Estrada ang nagbalita tungkol sa next project ni Daniel pero hindi ito nagdetalye kung ano ang kanyang tinutukoy. Sa kanyang Instagram account, nag-post si Karla ng litrato.....»»
Coming soon: Rice for diabetics
Filipino rice lovers may soon need not worry about their blood sugar level spiking when eating the staple as scientists at the International Rice Research Institute (IRRI) are advancing well with its ultra-low glycemic index (GI) rice......»»
He’ll be called GM Quizon soon
The long wait for the Philippines’ next chess Grandmaster would be over soon......»»