by ev3v4hn | Jul 10, 2020 | Business News
To plug hefty tax leakages from local and foreign deals involving related parties, the Bureau of Internal Revenue (BIR) on Friday mandated reporting of these types of transactions. The country’s biggest tax-collection agency published Revenue Regulations (RR) No. 19-2020 signed by Finance Secretary Carlos G. Dominguez III and Internal Revenue Commissioner Caesar R. Dulay, which […]
by ev3v4hn | Jul 10, 2020 | Business News
The Bureau of the Treasury will auction off an initial P30 billion in five-year retail treasury bonds (RTBs) on July 16 before making these available to small investors on a new app and more online channels. On top of selling to new investors, the Treasury will also...
by ev3v4hn | Jul 10, 2020 | Business News
As more and more Filipinos go online for their financial transactions amid the COVID-19 pandemic, officials have warned of a surge in cybercrime as criminals also adjust to this “new normal.” “With more commercial transactions going through cyberspace, expect a spike...
by ev3v4hn | Jul 10, 2020 | Business News
Clients of some of the country’s biggest banks will get for free the services of two major digital payment channels until the end of the third quarter as some financial institutions suspended charging of fees for these services for the entire 2020. Bangko Sentral ng...
by ev3v4hn | Jul 10, 2020 | Business News
Ayala Corp. chair and CEO Jaime Augusto Zobel de Ayala As the world continues to battle the ongoing coronavirus (COVID-19) pandemic, the Philippines can harness science and technology to create a “better” and “more resilient” normal, according to business tycoon Jaime...