Reclaiming compromise payments
In the context of tax assessments, the Bureau of Internal Revenue offers remedies for taxpayers with assessed deficiency taxes......»»
Marcos: Duterte-China secret Ayungin agreement could compromise sovereignty
President Ferdinand Marcos Jr. called the agreement between Beijing and former President Rodrigo Duterte regarding the West Philippine Sea as a "secret deal," expressing concerns that keeping it undisclosed could compromise Manila's sovereignty and territorial integrity......»»
Reclaiming our time
I will repay you for the years the locusts have eaten. . . . You will have plenty to eat, until you are full. — Joel 2:25–26.....»»
Vitor, PMI eyes rematch against Japanese tormentor
CEBU CITY, Philippines — Hard-hitting Boholano Virgel “Valiente” Vitor of the PMI Bohol Boxing Stable is gunning for a rematch against Japanese Toshihiro Suzuki after reclaiming the World Boxing Organization (WBO) Oriental super featherweight title. This was announced by his promoter and manager, Floriezyl Echavez Podot, the head of PMI Bohol Boxing Promotions. Podot made.....»»
The Importance of Still Keeping Loose Change
In the Philippines, the convenience of digital payments is quickly becoming the norm. There are now fewer lines to the ATMs every payday, people are now using their phones more for payments, and digital banks are becoming more prevalent. Amidst the digital transformation the country is undergoing, we often hear “I don’t have cash” from […].....»»
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.....»»
BSP hits 50 percent target in digitized payments
The Bangko Sentral ng Pilipinas managed to hit its goal of shifting half of total retail payments to digital channels in 2023, with more small businesses likely to onboard moving forward......»»
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......»»
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.....»»
BTI Payments partners with Southstar Drug to expand Philippines footprint
BTI Payments Philippines Inc., a wholly owned subsidiary of Australia’s Banktech, has partnered with Southstar Drug to further expand its footprint in the Philippines......»»
Teachers propose way to shift to old school calendar
If the Department of Education is worried that rushing the return to the old school calendar would compromise the vacation of students and teachers, the Teachers’ Dignity Coalition is proposing a way to do it without removing the school break from the equation......»»
Enjoying Your Summer Vacation Without Compromising Work
The allure of summer adventures is here. The sun is up and a beach outing or an overdue vacation to your province is just around the corner. Balancing work commitments with relaxation can be hard. But you can carefully plan and strategize your summer vacation and work to not compromise one after the other. Here’s […].....»»
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.....»»
Senate probe ‘incriminatory’, says Quiboloy’s lawyer on why he won’t attend it
MANILA, Philippines — “Incriminatory.” This was how the camp of Kingdom of Jesus Christ (KJC) leader Apollo Quiboloy looked at him attending the Senate hearing. So this was why Quiboloy remained to not incline to attend the hearing. This would compromise his client’s appearance, said Quiboloy, through his lawyer, Melanio Balayan. “We still believe that the.....»»
Reflections after a prison visit
Given the constraints they face, political prisoners deserve our utmost respect for choosing defiance instead of compromise and collaboration with the class enemy. They provide a dignified example of how to live a life devoted to the cause of fighting with the oppressed. Their activism is demonized and criminalized by those who see no evil in the obscene hoarding of the nation’s wealth by the elite and the exploitation of the poor and powerless by those in power. The post Reflections after a prison visit appeared first on Bulatlat......»»
Group bats for lease-free broadband connectivity for digital economy growth
A digital advocacy network said that the Philippines should lift the lease payments for the setup of internet connection, emphasizing that it will have a positive impact on Filipino web users......»»
InstaPay, PESONet transactions hit P3.8 trillion in Q1
The value of online payments coursed through the automated clearing houses established by the Bangko Sentral ng Pilipinas (BSP) reached P3.81 trillion in the first three months of the year, as Filipinos continue to use digital channels for their financial transactions......»»