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GCash misuporta sa BSP, DILG sa paglusad sa Paleng-QR Ph
GCash misuporta sa BSP, DILG sa paglusad sa Paleng-QR Ph.....»»
7 face raps for selling GCash accounts
Criminal charges were filed against seven people who were arrested for allegedly selling their GCash accounts in Quezon City, the National Bureau of Investigation said on Friday afternoon......»»
GCash, NBI tighten tieup vs scams
E-wallet giant GCash has signed an agreement with the National Bureau of Investigation to strengthen its campaign against scams within the platform......»»
BSP to review 3 percent rate cap on credit card transactions
The Bangko Sentral ng Pilipinas will review this month whether to keep or hike the three percent interest rate cap on credit card transactions......»»
Coin deposit machines log P577 million transactions
The value of transactions through the coin deposit machines deployed by the the Bangko Sentral ng Pilipinas is close to reaching the P600-million mark, as more and more Filipinos use the machines to deposit their idle coins......»»
Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions
Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions.....»»
Murcia private cemetery warns public vs spurious transactions
Murcia private cemetery warns public vs spurious transactions.....»»
More Pinoys do buy now, pay later transactions
Nearly 50 percent of respondents in the Philippines are likely to adopt buy now, pay later services for future transactions, according to a survey from consumer research and data analytics company Milieu Insight......»»
Tourist arrivals seen to breach pre-COVID-19 levels
The country’s tourism sector is expected to sustain its recovery this year, with international arrivals hitting 8.21 million, effectively closing in to pre-COVID levels, according to a unit of Fitch Solutions......»»
Financial system resources up 9 percent in January
The total resources of the country’s financial system continued to breach the P30-trillion level, rising by almost nine percent as of end-January, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed......»»
US budget deficit tops half a trillion
Outlays accelerated while receipts fell in the first quarter of the new fiscal year, Treasury data shows The US federal budget deficit reached half a trillion dollars in the first three months of the new fiscal year as spending picked up while receipts shrank, the US Treasury revealed on Thursday. In December a.....»»
Government hikes borrowings to P2.57 trillion for this year
The Philippines raised its 2024 borrowing program by four percent to P2.57 trillion, which could make fiscal consolidation more challenging for the government......»»
Philippines financial sector expands by 8 percent in February
The total resources of banks and non-bank financial institutions rose by 7.9 percent to P30.87 trillion as of end-February from P28.58 trillion in the same period a year ago, based on preliminary data from the Bangko Sentral ng Pilipinas......»»
Government jacks up infrastructure spending to P1.2 trillion in 2023
The government jacked up its infrastructure spending last year, hitting P1.2 trillion and effectively surpassing its programmed allocation on the back of faster disbursements for major transport and road projects, according to the Department of Budget and Management......»»
Government debt payments rise to record P1.6 trillion
The country’s debt service registered a record P1.6 trillion last year, exceeding the program, as the government aggressively moved to cut mounting obligations......»»
P4.57 trillion in agency budget released
Nearly 80 percent of the record P5.768 trillion budget for the year has been released as the government ramps up implementation of various programs......»»
Government borrowings inch up to P2.19 trillion
The Philippines slightly increased its borrowings to P2.19 trillion last year amid a high interest rate environment here and abroad, with the government almost hitting its entire financing program......»»
InstaPay money transfers swell to P5 trillion
Real-time fund transfers via InstaPay jumped by 45 percent to P5 trillion last year as volume surged by 56 percent to 838.56 million, BancNet said......»»
‘Climate change inaction cost to reach P1.4 trillion by 2030’
The cost of inaction against climate change could reach P1.4 trillion by 2030, or about eight percent of the 2020 gross domestic product, the Department of Environment and Natural Resources said yesterd.....»»
Gov’t debt slightly drops to P14.93T
The national government’s total debt dropped to P14.93 trillion as of the end of March, down 1.67 percent from the previous month’s P15.12 trillion. This was because more money was repaid for domestic government loans than was borrowed. The Bureau of Treasury reported that 31.14 percent of the debt is from outside the country, while.....»»