Archive for the ‘Government’ Category
Money Matters for Kids exhibit teaches kids the value of money
The Bangko Sentral ng Pilipinas (BSP) is having a three-month long exhibit in Manila that aims to encourage children to save money. The exhibit dubbed “Money Matters for Kids” started last Tuesday at the Galeriya Bangko Sentral at the Metropolitan Museum in Manila. In its news release, the BSP said the “The Money Matters for [...]
August 14, 2011
· 
Roy · 
No Comments
Tags: ATM, automated teller machine, Bangko Sentral, bank, bank manager, bank tellers, banking, BSP, Central Bank, Consumers, exhibit, money, Money Matters for Kids, Philippine, savings · Posted in: banking, Business News, Consumers, Corporations, economy, Education, finance, Government, innovation, money, Philippine banks, Philippine business news, Philippines
Spanish companies to invest in the Philippines
Union Fenosa International SA, Gamesa and Grupo Leche Pascual, three Spanish companies are interested in investing in the Philippines. The news was delivered by Board of Investments (BOI) managing head Cristino L. Panlilio who came from his recent trip to Spain. Panlilio said he met with representatives from the three firms who all expressed interest [...]
August 3, 2011
· Roy · No Comments
Tags: business news, Employment, Gamesa and Grupo Leche Pascual, investment, Job Opportunities, manufacturing firm, money, natural gas, Philippines, power plant, renewable energy, Spain, Union Fenosa International SA, wind turbine · Posted in: Announcement, Business News, business opportunity, Career, Corporations, economy, Employment, finance, Government, International relations, investments, Job Opportunities, money, Opportunities, Philippine business news, Philippines
Manila Water signed P500M loan deal for its Boracay unit
Boracay Island Water Co. Inc. signed a P500-million term loan facility with Development Bank of the Philippines and Security Bank recently. The terms of the loan include an option to increase the amount the P1 billion. A subsidiary of the Ayala-led Manila Water Co., the loan will be used to finance the additional capital expenditure [...]
August 2, 2011
· Roy · No Comments
Tags: bank loan, Boracay, Boracay Island Water, business news, finance, investment, Manila Water, P500 million loan, Philippines, revolving fund · Posted in: Announcement, banking, Business News, business opportunity, Corporations, economy, entrepreneurship, finance, Government, International relations, investments, Loans, money, Philippine business news, Philippines
BIR to do lifestyle check on professionals too
The Bureau of Internal Revenue will conduct a lifestyle check on professionals; this includes lawyers, doctors and accountants. The move is part of the tax agency’s effort to “convince” self-employed individuals to pay the right taxes.
August 2, 2011
· Roy · No Comments
Tags: BIR, business news, income tax, lifestyle check, money, Philippines, professionals, tax, tax target, Taxation, taxes · Posted in: Business News, economy, finance, Government, Law, money, Philippine business news, Philippines, Taxation
Four-day weekend this August
A long four-day weekend this August will be enjoyed by many Filipino families as August 30, Tuesday, have been declared a non-working holiday in observation of Eid’l-Fitr, a day marking the end of Ramadan. August 29, Monday, is National Heroes’ Day which is also a Philippine holiday. This gives employees and students a four-day weekend [...]
July 30, 2011
· Roy · No Comments
Posted in: Announcement, Business News, Consumers, Employment, Government, Philippine business news, Philippine Holidays, Philippines
PDIC continues to pay Banco Filipino depositors
Depositors of the Banco Filipino Savings and Mortgage Bank continue to get their money and are being serviced by the Philippine Deposit Insurance Corp. (PDIC). Banco Filipino was closed last March 17 after its branches could no longer service withdrawals and was put under receivership by monetary officials. The PDIC said in a statement that [...]
July 22, 2011
· Roy · No Comments
Tags: Banco Filipino, bank, banking, business news, CSO, deposit claims, deposit insurance, depositors, money, PDIC, Philippines · Posted in: Announcement, banking, Consumers, finance, Government, money, Philippine banks, Philippine business news, Philippines
BIR falls short of its target for the first semester of 2011
The Bureau of Internal Revenue missed its target for the first six months of the year. The BIR falls short of its target collection, with its total collection in totaling P67 billion which is 2.2% lower that its P68.5-billion target. Last month’s collection brings total collection for the first semester of 2011 to P458 billion, [...]
July 15, 2011
· Roy · No Comments
Tags: BIR, collection target, economy, finance, money, Philippines, tax, tax collection, Taxation, taxes · Posted in: Announcement, Business News, economy, franchise, Government, Law, money, Philippine business news, Philippines, Taxation
Senator pushes bill for household helpers
Senate Pro Tempore Jinggoy Estrada, chair of the Senate Committee on Labor, Employment and Human Resources Development, appealed to the House of Representative to pass their own version of the “Kasambahay Bill.” The Senate Bill No. 78, which was approved by the Senate in the third and final reading in December last year, provides a [...]
June 23, 2011
· Roy · No Comments
Tags: additional benefits, household helpers, Kasambahay Bill, minimum wage, Senate Bill No. 78 · Posted in: Business News, economy, Government, Health, Law, Philippine business news, Philippines, Poverty
PhilHealth to cover 5.2 M indigents by July
Philippine Health Insurance Corporation (PhilHealth) president and Chief Executive Officer Rey B. Aquino assured on Tuesday that 5.2 million Filipinos who belong to the poorest segment of the population will be added to those covered by its health insurance program by the end of June. The Philhealth chief said this is in line with President [...]
June 21, 2011
· Roy · No Comments
Tags: Government, health coverage, indigent, insurance, Philhealth, Philippines, public service · Posted in: Announcement, Consumers, economy, finance, Government, Health, Medicine, money, Philippine business news, Philippines
SSS receives international recognition for text-based services
The Social Security System (SSS) was picked by Computerworld, a global media hub based in the United States, as recipient of its 2011 Honors Laureate distinction. The SSS was awarded the international recognition for “visionary applications of information technology” which allow members to access their contribution and loan records through the use of mobile phones. [...]
June 19, 2011
· Roy · No Comments
Tags: business news, Computerworld, mobile phone service facility, pension fund, Philippines, social security system, SSS, text-based services · Posted in: Announcement, Business News, Consumers, Customer Service, Government, money, Philippine business news, Philippines
