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Unregistered entities may face more stringent AMLC sanctions

Unregistered designated non-financial businesses and professions that failed to register on time could face more stringent sanctions from the financial intelligence unit, according to the Anti-Money Laundering Council......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Dimples Romana shares tips for fellow moms

As days go by, more and more complex human tasks are either being assisted, if not completely accomplished by artificial intelligence (AI). But no advanced technology will ever match the strength that mothers show in facing the complex challenges of parenting. Giving mothers the strength and ginhawa they need allows them to provide the same for their families......»»

Category: newsSource:  philstarRelated NewsMay 12th, 2024

DILG, UN committed to strengthened partnership

MANILA, 28 MAY. Yesterday’s strategic dialogue between the Department of the Interior and Local Government (DILG) and the United Nations in the Philippines exceptionally gathers DILG national and regional leadership and country representatives of more than 20 United Nations entities operating in the country. They re-committed to work closely together to promote excellence in local […].....»»

Category: newsSource:  journalRelated NewsMay 29th, 2024

The Spanish golden visa

During the meeting of the Council of Ministers last month, the ministers reached a consensus to end the practice of granting golden visas to people who purchase properties worth 500,000 euros or more......»»

Category: newsSource:  philstarRelated NewsMay 14th, 2024

NFA OKs more competitive P30/k palay buying price

State-run National Food Authority is optimistic that it can now compete better with private traders in buying local palay after it was allowed to purchase palay or unmilled rice by as much as P30 per kilogram......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

PES law for watershed seeks compensation for water use

THE proposed Payment for Ecological Services (PES) ordinance aims to establish a compensation system for users of the Panigan-Tamugan Watershed. According to a representative from Amnesty International Philippines, individuals or entities utilizing the watershed's water resources will be required to provide monetary compensation......»»

Category: newsSource:  sunstarRelated NewsJun 8th, 2024

Doing better in your business

I have had the opportunity to offer business and personal advice to CEO’s of companies. Perhaps out of respect, these chief honchos call me “coach.” I have advised business owners of small, medium, and large enterprises. They also call me “coach.” I have been privileged to share ideas with senior officials of government entities and institutions. They call me an “executive coach.” .....»»

Category: financeSource:  philstarRelated NewsMay 19th, 2024

Banks ease exposure in real estate in 2023

The exposure of Philippine banks and trust entities to the volatile property segment eased slightly to 20.17 percent of total loans in end-December 2023 from 20.55 percent in end-September last year, data from the Bangko Sentral ng Pilipinas showed......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

The challenges and opportunities of listing bonds in the Philippines

It is definitely much easier for Philippine Stock Exchange-listed companies to list on the bond exchange, because the internal corporate clean-up and housekeeping that companies undergo before listing on the PSE already suffice as prerequisites to listing on the bond exchange. Similarly, the public disclosures made by PSE-listed entities already satisfy the PDex-imposed requirements before a company can list on the bond exchange......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Palace orders agencies’ support for crime prevention

President Marcos has ordered all government entities and encouraged local governments to support the implementation of the 2024 National Crime Prevention Program (NCPP), which seeks to provide strategies to keep communities safe, protect the rights of Filipinos and reduce crimes in the country......»»

Category: newsSource:  philstarRelated NewsApr 22nd, 2024

50 families evicted to give way to parking lot

Under the 1992 Urban Development and Housing Act, the execution of demolition requires the notice upon the affected persons or entities at least thirty (30) days prior to the date of eviction, proper identification of all persons taking part in the demolition, and adequate relocation, among others. The post 50 families evicted to give way to parking lot appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 19th, 2024

Government urged to abolish MAV system

The government should consider abolishing the minimum access volume (MAV) system as the mechanism is prone to corruption and favors only few entities, a member of the central bank’s Monetary Board (MB) said......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

New Zealand accuses China of hacking parliament, condemns activity

The revelations that information was accessed through malicious cyber activity targeting New Zealand’s parliamentarian entities comes as Britain and the US accuse China of a wide-sweeping cyber espionage campaign.....»»

Category: newsSource:  rapplerRelated NewsMar 26th, 2024

PSA-7: Report to us if PhilSys ID not accepted

CEBU CITY, Philippines — The Philippine Statistics Authority in Central Visayas (PSA-7) urged Philippine Identification System (PhilSys) ID holders to report to the agency if some entities do not accept their IDs. PSA-7 chief administrative officer of  Edwina Carriaga told CDN Digital in a phone interview that the agency is urging  PhilSys ID (National ID).....»»

Category: newsSource:  inquirerRelated NewsMar 24th, 2024

DepEd objects to foreign control of schools via Cha-cha, cites national security risk

The Department of Education on Monday drew the line at allowing foreign “entities” to own schools in the Philippines as proposed in two Charter change resolutions, saying that the entry of 100% foreign-operated schools in basic education will pose a threat to students’ sense of nationality and the country’s security......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

Deal only with registered entities – AMLC

The Anti-Money Laundering Council (AMLC) has reminded covered persons to deal only with registered designated non-financial businesses and professions (DNFBPs), as failure to do so may lead to sanctions......»»

Category: financeSource:  philstarRelated NewsMar 2nd, 2024

New AES provider continues to face scrutiny despite award

The newly awarded provider for the 2025 national and local elections continues to face scrutiny despite securing the notice of award from the Commission on Elections. Digital Pinoys national campaigner Ronald Gustilo said that the group will continue to scrutinize the winning entities even though Miru Systems Co. Ltd. was already declared as the winning […].....»»

Category: newsSource:  journalRelated NewsFeb 25th, 2024

Rice inventory up 10 percent in January

The country’s total rice inventory at the start of the year rose by almost 10 percent to over two million metric tons on the back of higher stocks in commercial entities......»»

Category: financeSource:  philstarRelated NewsFeb 10th, 2024

MVP Group dominates 20th Philippine Quill Awards

It was a triumphant night for the MVP Group of Companies, encompassing leading entities such as Light Rail Manila Corp., Manila Electric Co., Maynilad Water Services Inc., PLDT, Smart Communications Inc., Makati Medical Center, Maya, Metro Pacific Dumaguete Water Services Inc., Metro Pacific Tollways South Management Corp., Metro Pacific Investments Corp., Meralco – One Meralco Foundation and Metro Pacific Investments Foundation, as its member companies secured a staggering total of 87 awards at the 20th Philippine Quill Awards, organized by the International Association of Business Communicators......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Powering progress toward sustainable energy

As Filipinos anticipate the onset of the dry season, which is intensified by the ongoing El Niño, President Marcos has issued a crucial directive to all government entities, both at the national and local levels, emphasizing the imperative need for energy efficiency and conservation......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024