Archive for December, 2009

BIR to check on companies’ year-end inventories

Here’s one last attempt of the Bureau of Internal Revenue (BIR) to catch up of companies trying to pull a fast one on the revenue agency. BIR field personnel will be going out and check the warehouses of companies to verify their year-inventories viz-a-viz their submitted year-end declaration. Revenue Memorandum Order No. 40-2009 was issued [...]

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December 28, 2009 · Roy · No Comments
Tags: , , , , ,  Â· Posted in: Announcement, Corporations, economy, finance, Government, Law, money, Philippine business news, Philippines, Pricing, Products, Taxation

Terminator coming to town

Yes, the star of Terminator is coming to Philippines next year, but it will be a purely-business trip. California governor Arnold Schwarzenegger will be leading a business delegation who will visit the country in 2010. The Department of Trade and Industry (DTI) said the actor-turned politician will be bringing along about 200 businessmen from San [...]

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December 26, 2009 · Roy · No Comments
Tags: , , , ,  Â· Posted in: Announcement, Corporations, economy, Foreign exchange, Government, International relations, investments, marketing, Opportunities

Banks to open during holidays

Gone were the days when the public are left on their own during long holidays, as far as their finances and banking matters are concern. This time, some banks would be open during the holidays to attend to their clients’ needs. Banks also assured the public that their automated teller machines (ATMs) would remain operational [...]

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December 24, 2009 · Roy · No Comments
Tags: , , , , , ,  Â· Posted in: Announcement, banking, Consumers, Customer Service, finance, money, Philippine banks, Philippine business news, Philippine Holidays, Philippines

Peso closed at 15-month high – 46 to $1

Peso closed at its highest for the last 15 months. Last Fridays dealing ended with the Philippine peso at a level of P46 to $1, in a 15-month record high attributed specifically to the influx of remittances for overseas Filipino workers. Not surprisingly, because of the holiday season, we can expect more Filipinos overseas to [...]

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December 4, 2009 · Roy · No Comments
Tags: , , , , ,  Â· Posted in: banking, economy, finance, Foreign exchange, money, OFWs, Philippines, Pricing


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