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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.....»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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.....»»
Miss Saigon Manila run extends by another week, announces Tam actors
The upcoming run of "Miss Saigon" in the Philippines has extended its show dates one last time, now playing until May 12, 2024 in The Theater at Solaire......»»
NEWSBRIEFS | 1 February 2024
Panguil Bay Bridge completed by June 2024 CAGAYAN DE ORO CITY (MindaNews / 1 February)—The final span of the Panguil Bay Bridge would be connected by June this year, completing the project that started in November 2018, according to the Northern Mindanao director of the National Economic Development Authority, Mylah Faye Aurora Cariño. The P7.135-billion […].....»»
CPP dismisses military’s deadline for annihilation of NPA
The Central Committee of the CPP, in a statement on the 55th founding anniversary of the NPA, said that the Party’s third rectification movement is frustrating government plans to annihilate the NPA, adding that all 14 NPA regional commands remain intact. The post CPP dismisses military’s deadline for annihilation of NPA appeared first on Bulatlat......»»
House of the Dragon releases season 2 trailers, to debut on June 17
The eight-episode Season 2 of the HBO Original drama series “House of the Dragon” is set to debut on June 17 in HBO and HBO GO......»»
Phase 1 of Cebu BRT project due for turnover in May or June
CEBU CITY, Philippines – Phase one of the Cebu Bus Rapid Transit (CBRT) project is set to be completed around May or June this year, a local legislator confirmed. Councilor Jerry Guardo, chairman of the committee on infrastructure of the Cebu City Council, said that although the project was initially scheduled for turn over in.....»»
PCG to invite Vietnam to trilateral exercise in June
The Philippine Coast Guard intends to strengthen ties with the Vietnamese Coast Guard by inviting them to join for the first time the trilateral marine pollution exercise in June......»»
EDITORIAL - Minimum inconvenience
With just over a week to go before the deadline, 313 routes in the National Capital Region still lack a consolidated transport service entity, according to data from the Land Transportation Franchising and Regulatory Board. After a one-month grace period, the LTFRB says it will no longer give another extension of the deadline, as it cited a 76.6 percent consolidation rate nationwide......»»
Exo s Suho returning to the Philippines in June
Korean singer-actor Suho, a member of the boy band Exo, is coming back to the Philippines this June as part of his upcoming Asia tour......»»
Angat’s water to hit below minimum level in June
The water elevation in Angat Dam dropped to 200.05 meters yesterday and may go down below its minimum operating level of 180 meters in June due to the El Niño phenomenon, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»
Deadline extended for submission of New Clark City bid documents
State-run Bases Conversion and Development Authority is extending the deadline for the submission of eligibility requirements for the commercialization of the passive information and communications technology infrastructure in New Clark City. .....»»
No extension of party-list registration deadline – Comelec
The Commission on Elections is not inclined to extend the deadline for party-list groups to file the required manifestation of intent to participate in the 2025 elections......»»
Warriors sought LeBron James at trade deadline – report
The Warriors reportedly attempted to convince the Lakers to part with LeBron James during the trade deadline in what could have been a mega blockbuster deal.....»»
Doctor’s orders: June Mar Fajardo to sit out Gilas Pilipinas action
As much as he wants to suit up for Gilas Pilipinas, June Mar Fajardo needs to rest to recover from a calf injury he sustained in the PBA finals.....»»