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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......»»
Pura Luka Vega himas rehas ulit dahil sa ‘Ama Namin’ performance
INARESTO ulit ng Manila Police District ang controversial drag artist na si Pura Luka Vega ngayong araw, February 29. Ibinalita ito mismo ng “Drag Den” director na si Rod Singh sa pamamagitan ng kanyang X (dating Twitter) account. Ayon sa post ni Rod, nag-isyu ng warrant of arrest ang Quezon City court ng tatlong kasong.....»»
Perjury isinampa vs Tiaong ex-mayor
KASONG paglabag sa Article 183 ng Revised Penal Code (RPC) na perjury o pagsisinungaling ang inihain laban sa dating alkalde ng Tiaong, Quezon na si Ramon Preza sa Lucena City Regional Trial Court Branch 53, base sa ipinalabas na resolusyon ng Lucena City Prosecutor’s Office noong 11 Enero 2024. Ang kaso ay nag-ugat sa pinaniniwalaang ….....»»
Trabaho Para sa Bayan Act Implementing Rules Now Inked
The Inter-Agency Council Trabaho Para sa Bayan Act (TPB-IAC) officially signed the implementing rules and regulations (IRR) on March 12, 2024, at the NEDA Central Office in Mandaluyong. The Trabaho Para sa Bayan Plan Act or Republic Act 11962 implementing rules was signed by was signed by National Economic and Development Authority (NEDA) Secretary Arsenio […].....»»
SEC orders Infinity8 to halt operations
The Securities and Exchange Commission has flagged another entity for soliciting investments from the public without the necessary permits.In a Jan. 16 order, the SEC en banc directed Infinity8Networks Digital Services OPC to immediately cease and desist from further engaging in the unlawful solicitation, offer, and/or sale of securities in the form of investment contracts without the necessary license from the SEC......»»
Philippine central bank holds key interest rates
MANILA, May 16 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate at 6.5 percent and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent, respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said that inflation expectations remain well-anchored while a restrictive policy stance.....»»
Philippines central bank keeps key interest rates unchanged
MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday to keep the bank's target reverse repurchase rate at 6.5 percent, and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the latest inflation path has shifted slightly higher but still remains within targe.....»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
Diwata arestado sa kasong slight physical injuries, nagpiyansa ng P3K
ARESTADO ang social media personality na si Diwata dahil sa kasong “slight physical injuries” na isinampa laban sa kanya noon pang 2018. Hinuli ng mga operatiba ng Pasay City police Warrant and Subpoena (WSS) si Diwata o Deo Balbuena sa tunay na buhay, sa Pasay City, nitong Martes ng umaga, April 16. Base sa report,.....»»
Rep. Cindi Chan thanks PBBM for sining Tatak Pinoy Act
LAPU-LAPU CITY, Cebu— Lapu-Lapu City lone district Representative Cindi King-Chan expressed her gratitude to President Ferdinand “Bongbong” Marcos for signing into law Republic Act No. 11981, also known as the “Tatak Pinoy Act,” which she co-authored. The Tatak Pinoy Act encourages local industries by incentivizing them to create more sophisticated products. Chan hopes that through.....»»
DOTr asec pasaway sa busway, number coding
Isang assistant secretary ng Department of Transportation (DOTr) ang hinuli at tinekitan dahil sa paglabag sa number coding pero hindi pinagmulta sa pagdaan sa busway dahil sa bitbit umanong exemption. The post DOTr asec pasaway sa busway, number coding first appeared on Abante......»»
Philippines foreign investments yield net outflows in March
MANILA, May 1 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 236 million U.S. dollars in March, the Philippine central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the foreign investment transactions in March resulted from the 1.6 billion dollars in gross outflows and 1.4 billion dollars in gross inflows for the month. "The recorded net outflows are a reversal.....»»
BSP onboards 1st nonbank electronic money issuer
The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»
45 crore Jan Dhan accounts have accumulated Rs 2.1 lakh crore: Anurag Thakur
New Delhi [India], February 17 (ANI): Union Minister Anurag Thakur on Friday inaugurated the 2024 Annual Government and Institutional Business Meet of the Federal Bank and asserted that under the Jan Dhan scheme around 45 crore bank accounts have been opened. Addressing an audience of the officials and employees of the bank, the Minister at the very outset, congratulated Federal Bank for an all-time high share price. Reca.....»»
45 crore Jan Dhan accounts have accumulated Rs 2.1 lakh crore: Anurag Thakur
New Delhi [India], February 17 (ANI): Union Minister Anurag Thakur on Friday inaugurated the 2024 Annual Government and Institutional Business Meet of the Federal Bank and asserted that under the Jan Dhan scheme around 45 crore bank accounts have been opened. Addressing an audience of the officials and employees of the bank, the Minister at the very outset, congratulated Federal Bank for an all-time high share price. Reca.....»»
Cedric Lee, Deniece Cornejo guilty sa mga kasong isinampa ni Vhong Navarro
“GUILTY beyond reasonable doubt” ang naging hatol kina Cedric Lee at Deniece Cornejo sa kasong serious illegal detention for ranson na isinampa sa kanila ni Vhong Navarro. Binasa ang hatol laban kina Cedric, Deniece at dalawa pang repondents na sina Zimmer Raz at Ferdinand Guerrero, sa Taguig Regional Trial Court Branch 153, ngayong araw, May.....»»
Rapper pasakaan og kasong frustrated murder
Rapper pasakaan og kasong frustrated murder.....»»
‘Squid Game’ star O Yeong-su nakonbikto sa kasong sexual misconduct
Nakonbikto sa kasong sexual misconduct ang sikat nga “Squid Game” actor nga si O Yeong-su. Gikunpirmar kini sa usa ka local court niadtong Marso 15. Si Yeong-su gipasakaan og kaso nga sexual misconduct human sa iyang pagpasakit og usa ka babaye niadtong 2017. ALSO READ: ‘Squid Game’ star indicted over sexual misconduct Matud sa report.....»»
‘Squid Game’ star O Yeong-su ‘guilty’ sa kasong sexual misconduct
NAPATUNAYANG “guilty” o may pagkakasala sa kasong sexual misconduct ang sikat na “Squid Game” actor na si O Yeong-su. Kinumpirma ito mismo ng local court noong March 15 matapos siyang sampahan ng reklamo kaugnay sa pananakit niya sa isang babae noong 2017. Base sa report ng Suwon District Court, naganap ang insidente nang manatili ang.....»»