Personal Development, Business, Finance, and Investing for Everyone
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The Philippine Statistics Authority (PSA) reiterated the penalties for fraudulent acts related to the Philippine Identification System (PhilSys) and the mechanisms put in place to combat such incidents.
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Bank of the Philippine Islands (BPI) announced that starting March 1, 2024, loading GCash via ‘Load e-Wallet’ on the BPI app and BPI online will be charged a PHP 10.00 fee.
The Securities and Exchange Commission (SEC) has streamlined the registration process for power generation companies and distribution utilities seeking fresh funds through the public offering of securities.
Finance Secretary Ralph G. Recto has urged the Philippine Stock Exchange (PSE) to work with the government in transforming the country’s capital market as a vehicle for ordinary Filipinos to become shareholders in the nation’s growth.
The Bureau of the Treasury (BTr) officially concluded the offer period for the 30th tranche of Retail Treasury Bonds (RTB 30) on 23 February 2024. The offer period ran from February 13 to 23, 2024.
Corporations may now file amendments to their articles of incorporation (AoI) or by-laws online, as the Securities and Exchange Commission (SEC) continues to launch new digital systems that will streamline and automate its processes.
PEZA Reported a Total of PHP 12.096 Billion in Investments in the First Two Months of 20242/20/2024 The Philippine Economic Zone Authority (PEZA) reported a total of PhP 12.096 billion in investments in the first two months of 2024, marking an 18.66% surge compared to the same period last year.
Starting March 15, 2024, Green Satoshi Token (GST) will no longer be available on the PDAX platform, as the company announced on February 16, 2024.
According to top officials, the Pag-IBIG Fund released a record-breaking P126.04 billion in house loans to finance the housing units of 96,848 members in 2023.
Philippine Stock Exchange to Launch Volume Weighted Average Price (VWAP) Trading on March 1, 20242/17/2024 The Philippine Stock Exchange, Inc. (PSE) will begin trading Volume Weighted Average Price (VWAP) on March 1, 2024.
The Department of Finance (DOF) has presented its refined proposal on Package 4 of the Comprehensive Tax Reform Program (CTRP)—a measure recalibrated by Finance Secretary Ralph Recto during his first week in office—to the Senate Committee on Ways and Means on February 12, 2024.
Total Foreign Investments (FI) approved in the fourth quarter of 2023 was recorded at PhP 394.45 billion, an increase of 127.2 percent from the PhP 173.61 billion total FI in the same quarter of 2022.
Finance Secretary Ralph G. Recto has urged Filipinos to invest in the Bureau of the Treasury (BTr)’s 30th tranche of Retail Treasury Bonds (RTB 30), which promotes cheap investment opportunities for small savers to secure their future.
The Bureau of the Treasury (BTr) launched the 30th offering of its Retail Treasury Bonds (RTB 30) with a tenor of five (5) years and a gross interest rate of 6.25% per annum with quarterly coupons payable until its maturity in 2029. The RTB 30 coupon was set with a spread of 11.46 basis points over secondary market rates, the lowest among the nine RTBs issued since 2019. A total of Php 212.7 billion was raised during the auction, more than seven times the initial target amount of Php 30.0 billion.
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