Pinay seeks financial damages from BI over missed flight
A Filipina traveler who missed her flight due to a lengthy interview with an immigration officer has asked the Bureau of Immigration for financial damages......»»
AMLC seeks tighter controls in casinos
The Anti-Money Laundering Council has stressed the need to strengthen the anti-money laundering/combating the financing of terrorism controls in the casino sector, as the Philippines remains in the gray list of global dirty money watchdog Financial Action Task Force......»»
BI reassigns officer over traveler’s missed flight
The immigration officer accused of conducting a lengthy interview that caused a Filipina traveler to miss her flight in December last year has been relieved from his post, Bureau of Immigration spokesperson Dana Sandoval said yesterday......»»
The United Kingdom seeks closer relations with Germany in the field of financial services
London, March 1. British Chancellor of the Exchequer Andrew Griffiths will propose closer cooperation in financial services by participating tomorrow, Thursday, in the Finanzmarktklausur sector.....»»
BSP seeks to reduce fees on fund transfers
The Bangko Sentral ng Pilipinas is urging banks and financial institutions to reduce or eliminate fees for electronic fund transfer to boost the government’s efforts to transform the Philippines into a cash-lite from a cash-heavy economy......»»
Tulfo Seeks Review of Minimum Wage Policies to Improve Quality of Life for Workers
Senator Idol Raffy Tulfo has filed a Senate Resolution (SR) to review existing policies on minimum wage increases with the goal of improving the quality of life for workers, particularly those in the lower income bracket. Despite the minimum wage increase implemented last year, Tulfo emphasizes that many workers continue to face financial difficulties due […].....»»
Tax reform package 4 may yield P25 billion more revenues
The remaining tax reform package of the previous administration is expected to provide some P25 billion in additional revenues as it seeks to simplify the fiscal structure for passive income, financial services and transactions in the country......»»
Liz Truss is responsible for $35.5 billion in UK tax damages – World – Titulares.ar
Posted: November 13, 2022 11:24 GMT A think-tank said the former prime minister’s economic plan created half the country’s financial gap. The economic measures pushed.....»»
Some job orders being used as ‘legal’ vote-buying – Lente
Poll watchdog Legal Network for Truthful Elections (Lente) disclosed on Wednesday, Oct. 26 that some job orders as a form of “legal” vote-buying by functioning as coordinators for purposes of electoral campaigns. Indelible ink is applied to a voter’s finger (MB FIle Photo) This finding was part of Lente’s 12-week monitoring effort on the Abuse of State Resources (ASR) which according to the poll watchdog, is an overlooked form of political corruption in the Philippines. Lente said that candidates or political parties “unduly” utilize official powers and government resources to gain electoral advantage. ASR involves different types of abuse which include abuse of financial resources, institutional resources, regulatory/legal resources, and coercive/enforcement resources. Lente explained that over the course of their research, it learned the use of some job orders as a form of “legal” vote-buying. It added that under the Local Government Code, the local chief executives have the power to engage and hire job order personnel as early as a year prior to elections. Due to this, part of the proposed recommendations of Lente in relation with this issue is the amendment of Section 261 (j) of the Omnibus Election Code to establish a mechanism for command responsibility in so far as the local chief executive /mayor is concerned, in the event that the perpetrator of ASR is a local government employee, or under a job order contract. It also seeks the amendment of Comelec-CSC Joint Circular No. 1 S. 2016 or the Advisory on Electioneering and Partisan Political Activities to include job orders under the prohibition on engaging with Electioneering and Partisan Political Activities. It also proposes a further study be conducted regarding the practice of some local government units using the provisions in Local Economic Enterprise to justify mass hiring of job order casuals. “The abuse of institutional resources pertains to the misuse of a state’s physical resources such as infrastructures and vehicles,” Lente said in a statement. “Among the 127 voter respondents interviewed, only 25 percent observed ASR in their respective areas and their observation involved incumbent candidates who utilized government vehicles to transport supporters to campaign sorties and to distribute campaign materials within the locality. Likewise, the community leaders made a similar observation,” it added. On the other hand, Lente bared that abuse of financial resources usually takes the form of campaigns veiled as a distribution of social services. it mentioned that this is a more challenging proposition with respect to ASR, pertaining to the practice of muddling social services and campaigns. “A number of respondents revealed that the most common observations in relation to this type of abuse is the presence of politicians during distribution of ayuda by DSWD and other government programs such as DOLE-TUPAd,” the poll watchdog said. Unfortunately, Lente stated that the general public had a hard time differentiating between legitimate social services and ASR by incumbent officials......»»
BSP seeks to stave off speculative attacks on peso
In a statement on Tuesday, the central bank is looking to address disruptions to financial markets in the country, noting that the dollar spot market remains open, while “ forwards and repos are available facilities.”.....»»
Pinay booters bow out following 1-3 setback to Myanmar
CEBU CITY, Philippines — The Philippines Women’s Under-18 football team was officially booted out from the AFF U18 Women’s Championship 2022 losing to Myanmar, 1-3, on Wednesday, July 27, at the Jakabaring Athletic Field in Palembang, Indonesia. The Pinay booters who lost to Australia in their opening match on Monday, 0-4, missed a chance to […] The post Pinay booters bow out following 1-3 setback to Myanmar appeared first on Cebu Daily News......»»
Now undertakes organizational, financial changes
Publicly listed Now Corp. is undertaking a number of organizational and financial changes as it seeks to capitalize on the opportunities presented by new technologies and the expected global economic turnaround post-pandemic......»»
Pacquiao camp brushes off Paradigm lawsuit
A lawyer representing Manny Pacquiao in the United States brushed off a lawsuit filed against the Filipino icon by Paradigm Sports, which seeks monetary damages after alleging that Pacquiao breached an earlier agreement with them regarding a fight with Mikey Garcia......»»
PAL incurs loss of P73 billion in 2020
Flag carrier Philippine Airlines seeks to improve its financial condition and restore its ability to service financial obligations through a financial restructuring plan after it joined major carriers in the region in incurring massive losses last year......»»
DA seeks competitive youth for ‘Young Farmers Challenge’ agribusiness grant
The Department of Agriculture recently launched a program that seeks to provide financial grant assistance to youth interested in enterprises in the agri-fishery sector......»»
Globe loading business helps sari-sari store owners
Difficult situations do not drown the fighting spirit of Pinay micro-entrepreneurs, who have shown determination to survive and succeed despite limited financial capacities......»»
Tulong pinansyal bumuhos para sa mga ‘persons of interest’ sa kaso ni Dacera; Ai Ai may panawagan
BUMUHOS ang tulong pinansiyal para sa ilang personalidad na isinasangkot sa kontrobersyal na pagkamatay ng flight attendant na si Christine Dacera. Ito’y matapos na manawagan ang apat sa mga tinaguriang “persons of interest” sa kaso ni Dacera ng financial assistance para sa pagbabayad ng kanilang mga abogado. Ayon mismo sa singer at negosyanteng si Claire […] The post Tulong pinansyal bumuhos para sa mga ‘persons of interest’ sa kaso ni Dacera; Ai Ai may panawagan appeared first on Bandera......»»
Pabuya sa Dacera case suspects, tuloy pa rin – Pacquiao
Iginiit ni Senador Manny Pacquiao nitong Biyernes na tuloy pa rin ang bounty na kanyang inihain laban sa mga suspek na kasangkot sa pagkamatay ng flight attendant na si Christine Dacera noong Bagong Taon. Ayon sa senador, ang reward money ay iko-convert bilang financial aid sa pamilya ni Dacera kapag lahat umano ng persons of […] The post Pabuya sa Dacera case suspects, tuloy pa rin – Pacquiao appeared first on Daily Tribune......»»
Locsin seeks Pompeo help to secure vaccines
Foreign Affairs Secretary Teodoro Locsin Jr. has asked US Secretary of State Mike Pompeo to help the Philippines secure some of the vaccines that were part of the supposed missed deal with pharmaceutical giant Pfizer......»»
BSP issues rules for new digital banks
The Bangko Sentral ng Pilipinas has released the guidelines for the establishment of digital banks as it seeks to promote innovation in the banking sector and improve the accessibility of financial products to Filipinos......»»
DSWD aids 150 LSIs
The Department of Social Welfare and Development (DSWD) has provided more than P300,000 in financial assistance to over 150 locally stranded individuals (LSIs) in Metro Manila under the government’s “Hatid Tulong” program. In a statement, the DSWD said a P2,000 pre-departure financial assistance has been extended to around 154 LSIs during the third leg of the Hatid Tulong Grand Send-Off last Oct. 19 at the Cultural Center of the Philippines (CCP) Complex, Pasay City. The assistance given to LSIs who returned to Regions 8 (Eastern Visayas), 9 (Zamboanga Peninsula), 10 (Northern Mindanao), 11 (Davao), and 12 (Socsargen) totaled P 308,000, it said. The DSWD said aside from the cash assistance, it also provided Family Food Packs (FFPs), sleeping kits, and hygiene kits to the LSIs. “After receiving assistance, the LSIs were transferred to Pier 13 where they were transported to their respective regions through the help of the Philippine Coast Guard (PCG),” it said. It noted that upon their arrival in their e hometowns, the LSIs are required to undergo a 14-day quarantine to ensure that they are COVID-free. Hatid Tulong is the government’s assistance initiative that seeks to transport back those who were stranded in Metro Manila during the coronavirus lockdown to their provinces. The DSWD noted that the initiative is being led by the Presidential Management Staff and has been implemented in compliance with the health protocols and guidelines to control the spread of COVID-19. Other government agencies that are also involved in the initiative were the Philippine Army (PA), Department of Health (DoH), Department of Labor and Employment (DoLE), Department of Transportation (DOTr), and Department of Agriculture (DA), it said......»»