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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.....»»
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.....»»
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......»»
Visayan Electric, Aboitiz Foundation partner for rewiring Cebu schools
Visayan Electric, Aboitiz Foundation partner for rewiring Cebu schools.....»»
87th Charter Day: Commemorating Cebu City’s founding anniversary
CEBU CITY, Philippines — This coming February 24, 2024 marks the 87th Charter Day of the City of Cebu. It was in 1937 that the city received its charter after Cebu City Mayor Michael Rama’s grandfather and legislator, Vicente Rama, authored a bill that led to its cityhood. Cebu City Charter Day overview To trace.....»»
Wilbert naloka sa P114,000 electric bill: ‘Huwag mo muna ako kausapin!’
TILA nanggigil ang talent manager na si Wilbert Tolentino sa taas ng babayaran niyang bill sa kuryente. Paano ba naman kasi, umabot ito ng mahigit P114,000! Sa Facebook, ibinandera ni Wilbert ang litrato ng bill statement mula sa electric company na Meralcso. Pabiro niyang caption, “Huwag mo muna ako kausapin. Baka sayo mapunta ang init.....»»
Russia to launch major EV project in Egypt
A Moscow-based electric car producer is set to build a components plant in Giza Egyptian real estate major GV Investments and Russian electric vehicle producer Concordia have struck a deal for the construction of a plant to produce EV components in Egypt, the Russian company announced on its website on Thursday......»»
‘Shabu’ worth P2.7M recovered from 2 ex-cons in Cebu City drug bust
CEBU CITY, Philippines – An electric bike (e-bike) driver and a delivery app rider, who are both ex-convicts, landed back in jail after they were caught with P2.7 million worth of suspected shabu during a buy-bust operation in Cebu City on Thursday, February 1, 2024. The arrested persons were identified as e-bike driver Rimark Espinosa.....»»
Reclaiming compromise payments
In the context of tax assessments, the Bureau of Internal Revenue offers remedies for taxpayers with assessed deficiency taxes......»»
Intensify efforts against child abuse – Cebu City dad
CEBU CITY, Philippines – A Cebu City legislator urged barangays to intensify efforts against child abuse like trafficking, online, and sexual exploitation. Cebu City Councilor James Cuenco penned a resolution requesting the 80 barangays of Cebu City through the Association of Barangay Councils (ABC) to reconvene the Barangay Council for the Protection of Children (BCPC).....»»
Rama wants RPT revision complete by March
CEBU CITY, Philippines – Plans to revise the fair market value of properties in Cebu City, along with the adjustments in real property tax (RPT) calculations, should already be complete by March, Mayor Michael Rama said. Rama said that he has long communicated the need to already work on the matter to members of the Cebu.....»»
Overpriced pay parking fees? Report this to Cebu City Hall, says councilor
CEBU CITY, Philippines —A Cebu City councilor is urging the public to report to the city hall pay parking areas collecting overpriced fees. Cebu City Councilor James Cuenco, the city council’s chairman of the Committee on Transportation, Councilor James Cuenco urged those with concerns of overpriced parking fees to contact his office and tell them the.....»»
Cebu Daily Newscast: ‘Water crisis’ in Cebu City, declares Mayor Rama
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, April 2, 2024. ‘Water crisis’ in Cebu City, declares Mayor Rama Mayor Michael Rama has declared a state of water crisis in Cebu City following the rise in the daily heat index, which.....»»
Tommy Osmeña on call for stoppage of Cebu BRT civil works: ‘We have leaders acting like spoiled brats’
CEBU CITY, Philippines — Former Cebu City Mayor Tomas Osmeña lambasted several Cebu government officials following the call to halt the Cebu Bus Rapid Transit (CBRT) civil works. Osmeña called out officials, particularly City Councilor James Cuenco, the Provincial Board, and Cebu Provincial Governor Gwen Garcia. “It’s very important not to insult the funders of.....»»
Cebu Daily Newscast: Tommy Osmeña to run for Cebu City Vice Mayor in 2025 elections
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Thursday, February 29. Tommy Osmeña to run for Cebu City Vice Mayor in 2025 elections Former Cebu City Mayor Tomas Osmeña announced his plans to run for Vice Mayor in the 2025 midterm elections.....»»
Cebu Daily Newscast: 2 King Cobras killed in Cebu City
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, February 20, 2024. 2 King Cobras killed in Cebu City Two King Cobras were recently spotted and killed in a Cebu City barangay heightening fears about the highly venomous reptiles’ presence in the.....»»