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BSP logs 40K complaints relating to financial consumer protection; only 5% come from Mindanao
SINCE the effectivity of the Financial Consumer Protection Act (Republic Act 11765) in June 2022, the Bangko Sentral ng Pilipinas (BSP) has logged more than 40,000 complaints from customers of different BSP-supervised financial institutions from all over the Philippines. Of this number, only around 5 percent come from Mindanao, implying the Mindanaoans' unawareness of the law......»»
BSP Governor Eyes Potential Rate Cut as Inflation Eases
In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»
DTCC harvests 10 gold medals in PDSFI quarterly c’ships in Manila
CEBU CITY, Philippines — Dancesport Team Cebu City raked in 10 gold medals in the Philippine Dancesport Federation, Inc. (PDSFI) Quarterly National Dancesport Championships held over the weekend at the Ultra Pasig in Metro Manila. DTCC headed by its founder, Eleanor Hayco, won a total of 10 gold medals. They also earned eight silvers and.....»»
DTCC wrests five gold medals in Manila dancesport tourney
CEBU CITY, Philippines — The Dancesport Team Cebu City (DTCC) wrapped up the Philippine Superstar Open Dancesport Championship with five gold medals last weekend at the PhilSports Arena in Manila. Besides the five gold medals, DTCC also earned six silver medals and two bronzes after their two-day campaign against other dancesport squads in the competition. .....»»
Two Costly Marketing Missteps Small Businesses Must Avoid
Marketing is a crucial tool for any small business looking to grow its customer base, increase revenue, and establish a foothold within its industry. However, many businesses make common marketing mistakes that can hinder their progress and ultimately lead to missed opportunities. Here are two such missteps that small businesses must avoid at all costs. […].....»»
Miracle rescue nearly 60 hours after Davao de Oro landslide
The rescue of a child on Friday nearly 60 hours after a landslide hit a gold-mining village in the southern Philippines has been hailed as a "miracle" after searchers had given up hope of finding anyone alive......»»
Legislator Urges DENR to Investigate Mining and Quarrying Activities in Catanduanes
Congressman Leo Rodriguez strongly encourages the leadership of the Department of Environment and Natural Resources (DENR) to investigate mining and quarrying activities in the province of Catanduanes. Despite the Provincial Board’s withdrawal of their resolution allowing small-scale carbon mining, the congressman hints at the authorities due to the lack of action on his complaints. According […] The post Legislator Urges DENR to Investigate Mining and Quarrying Activities in Catanduanes appeared first on Bicol Peryodiko......»»
IOC denies Manny Pacquiao exemption to box at Olympics
(Photo credit: Stephen R. Sylvanie-USA TODAY Sports) The International Olympic Committee said former world champion boxer Manny Pacquiao cannot compete for the Philippines at this year's Olympic Games in Paris. Pacquiao, 45, retired in 2021 but sought to box for his country at the Olympics. The IOC's age limit for boxers is 40. The Philippines asked for an exception based on the "universality" entry rule, in which a nat.....»»
IOC denies Manny Pacquiao exemption to box at Olympics
(Photo credit: Stephen R. Sylvanie-USA TODAY Sports) The International Olympic Committee said former world champion boxer Manny Pacquiao cannot compete for the Philippines at this year's Olympic Games in Paris. Pacquiao, 45, retired in 2021 but sought to box for his country at the Olympics. The IOC's age limit for boxers is 40. The Philippines asked for an exception based on the "universality" entry rule, in which a nat.....»»
Tax break for 2-wheeled EVs gains ground in Congress
Giving tax breaks for two-wheeled electric vehicles is getting more support from Congress, as a bill aiming for their inclusion in the list of vehicles benefiting from tariff reduction has been filed in the House of Representatives......»»
DOTr asec pasaway sa busway, number coding
Isang assistant secretary ng Department of Transportation (DOTr) ang hinuli at tinekitan dahil sa paglabag sa number coding pero hindi pinagmulta sa pagdaan sa busway dahil sa bitbit umanong exemption. The post DOTr asec pasaway sa busway, number coding first appeared on Abante......»»
Halving arrives for bitcoin miners
The bitcoin market on Friday engineered the "halving" of the reward for operating the cryptocurrency, a much-anticipated step designed to limit production and boost the digital money......»»
Wasting our resources
I can with all honesty attest to the fact that during my entire career as a business journalist, we as a nation continue to waste our natural resources and that our farmers, miners, loggers, fishermen and most of the working population do not properly exploit the benefits and enjoy the rewards that our resources have provided us with......»»
Davao landslide kills 6, injures 31 others
MANILA, Philippines — Six miners were reported dead and 31 others injured after a landslide in Maco, Davao de Oro, the municipal government said on Wednesday. The Municipal Disaster Risk Reduction and Management Office of Maco said the Davao landslide casualties were reported as of 2:00 p.m. Forty-six other persons remain missing. Search and rescue.....»»
‘Miners and anays’ – anti-business
From jeepney modernization to issues involving the National Grid Corporation of the Philippines, both houses of Congress are now investigating the mechanics of the jeepney modernization program and the franchise of the NGCP......»»
Tech Trends in 2024 for Small Businesses
Staying abreast of technological trends for the sake of your business is paramount for entrepreneurs aiming to thrive. While many small business owners still want to do everything the traditional way, technology is undoubtedly here to stay and be a catalyst for success. This new year is the perfect moment to implement tech trends that […].....»»
CGBP training program on tax rights, remedies
The Center for Global Best Practices will host a special online training titled “Tax Rights and Remedies for SMEs and Large Taxpayers” on April 18 and 19, from 9 a.m. to 12 p.m. via Zoom......»»
Recto bats for tax, tariff relief for hybrids
Finance Secretary Ralph Recto is in favor of granting reduced excise tax and preferential tariff to hybrid vehicles......»»
No objections for e-motorcycle tax breaks in EO12 review
Views and position papers elicited from government agencies and EV industry stakeholders for the revision of an executive order have offered no objection to the inclusion of e-motorcycles in the tax incentives......»»
House panel OKs tax breaks for companies hiring senior citizens
Under the bill, companies hiring elderly workers can avail of a 25% tax reduction of the amount paid to salaries, wages and benefits and trainings for senior citizens. .....»»