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Working moms in Southeast Asia prefer flexible work arrangements — report
Among all the countries in SEA, working mothers from Singapore and the Philippines have the largest percentage who preferred the flexible set-up......»»
CSC: Adopt flexible work arrangements for Ramadan
All state agencies should allow flexible work arrangements for Muslim officials and employees during the fasting period of Ramadan, according to the Civil Service Commission......»»
How to Trade the Forex Market: A Comprehensive Overview
Trading the forex market involves buying and selling currencies with the intention of making a profit from the changes in the exchange rate, hence why.....»»
Philippines forex reserves dip to $103 billion in January
The country’s forex buffer slid slightly to $103.4 billion in January as the government paid its foreign debts and the central bank’s gold holdings took a hit from lower prices in the global market......»»
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......»»
Government, miners agree on fiscal regime proposal
Miners and government officials have reached a middle ground on the tiering of a proposed windfall profit tax for the mining industry that could pave the way for the approval of the long-awaited mining fiscal regime......»»
‘Succession’ producer explores dangers of power and toxic love in dark comedy ‘The Regime’
“The Regime,” a forthcoming HBO series produced by Will Tracy of “Succession” fame, is a dark comedy delving into themes of power, authoritarianism, and toxic relationships......»»
Fast track consenting in the fast lane
The Government is progressing changes to resource management laws as part of its 100 Day Action Plan, with the first steps taken to establish a new fast-track consenting one-stop shop regime."This new regime, which forms part of National's coalition agreement with New Zealand First, will improve the speed and process for resource approvals for major infrastructure projects, unlocking opportuni.....»»
BSP governor says February rate cut not likely
In statements made to the press, BSP Governor Eli Remolona said that due to the “numbers we are seeing” a rate cut “is not likely (on) February 15”, which is the next scheduled meeting date for the BSP’s Monetary Board......»»
Rama stays active on Sugbuanon Channel
Rama stays active on Sugbuanon Channel.....»»
Cebu City inflation rate stays 4.5 percent in February 2024
Cebu City inflation rate stays 4.5 percent in February 2024.....»»
BSP prodded to build up forex reserves
The Bangko Sentral ng Pilipinas should continue rebuilding its gross international reserves amid the wide current account deficit and heavy reliance on debt funding, according to Bank of America Global Research......»»
BSP to further relax forex rules
The Bangko Sentral ng Pilipinas may further relax its rules and regulations governing foreign exchange transactions in a bid to attract more foreign investments into the country......»»
BSP logs 40K complaints relating to financial consumer protection; only 5% come from Mindanao
SINCE the effectivity of the Financial Consumer Protection Act (Republic Act 11765) in June 2022, the Bangko Sentral ng Pilipinas (BSP) has logged more than 40,000 complaints from customers of different BSP-supervised financial institutions from all over the Philippines. Of this number, only around 5 percent come from Mindanao, implying the Mindanaoans' unawareness of the law......»»
BSP Governor Eyes Potential Rate Cut as Inflation Eases
In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»
US, UK accuse China of cyberespionage that hit millions of people
The aim of the global hacking operation was to 'repress critics of the Chinese regime, compromise government institutions, and steal trade secrets,' Deputy US Attorney General Lisa Monaco says.....»»
Pop-up Shop or Brick and Mortar Store?
For entrepreneurs, selecting the right retail shop type can make or break their business, as there are a plethora of factors to consider when selecting one such as financial capability, portability, longevity. While brick-and-mortar stores have long been the established model, the rise of pop-up shops offers a dynamic and flexible alternative. So which path […].....»»
SC allows courts, personnel to adopt flexible work hours due to intense heat
In a circular issued by the Office of the Court Administrator on Thursday, courts will observe revised working hours from 7:30 a.m. to 4 p.m., from April 5 until May 31, to "prevent health complications" caused by the intense heat......»»
KMC solutions invites partners to celebrate collaboration, excellence rooted in well-being, sustainability
KMC Solutions, a leading provider of innovative flexible office solutions, proudly invites valued partners to an enchanting Arabian Nights soiree......»»
KMC empowers Cebu businesses to embrace the future of work with flexible, fully serviced office solutions
In Cebu, a city brimming with entrepreneurial spirit and tech-savvy talent, a unique solution is emerging right-sizing physical presence and embracing the flexibility and focus of fully serviced office spaces provided by KMC Solutions......»»