Personal Development, Business, Finance, and Investing for Everyone
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 Heads up, Singlife policy holders! You can now view all your Singlife policies, including those acquired through Singlife partners, directly from the Singlife Plan & Protect App—no more switching between apps!
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 On 17 October 2024, the Insurance Commission issued Circular Letter (CL) No. 2024-20 requiring health maintenance organizations (HMOs) to adopt Philippine Financial Reporting Standards (PFRS) 17 starting 1 January 2027 in their Audited Financial Statements (AFS).
 The eGov PH, also known as e-Government Philippines, is a mobile application that simplifies interactions between the government and citizens.
 The Bangko Sentral ng Pilipinas (BSP) has collected more than P1 billion through its Coin Deposit Machines (CoDMs) as of 11 October 2024, just over a year since the project’s launch in June 2023. The total coin collection has reached P1,008,889,490.24.
 The Securities and Exchange Commission (SEC) has filed a criminal complaint against Bulacan Ukay Ukay Direct Supplier for offering investments to the public without the necessary license.
 The Philippine Stock Exchange, Inc. (PSE) received reports of a Facebook group falsely represented as belonging to PSE. The said group uses the name “PHILIPPINES STOCK EXCHANGE” and embeds PSE’s corporate logo in its investment solicitation announcements. They also use a banner from the Exchange’s corporate website for its cover photo.
 The Securities and Exchange Commission (SEC) has partnered with the Department of Education (DepEd) to boost investor education and promote financial literacy among students and teachers, in line with the Commission’s efforts to protect more Filipinos from the rising number of scams in the country.
Insurance Commission Slightly Raises HMOs' "Acid Test Ratio" Requirement Amid Industry Recovery10/13/2024  The lnsurance Commission (lC) on October 10, 2024 issued Circular Letter (CL) No. 2024-18 further extending the regulatory relief afforded to health maintenance organizations (HMOs) as regards the regulator's Acid Test Ratio (ATR) prudential requirement.
 The Philippine Stock Exchange, Inc. (PSE) received a report of a fraudulent cryptocurrency investment scheme that misrepresented PSE as the supposed institution that authenticates or grants licenses for cryptocurrency trading.
 The Philippine Social Security System proudly announced the launch of its latest mobile app with upgraded features to enhance its user experience.
 SSS revealed that the number of new SSS members from January to July 2024 increased by 165% to 2.4 million, up from 923,000 new members in the same time last year.
 The Securities and Exchange Commission (SEC) is exploring the development of a futures market in the Philippines, as it seeks to expand options for investors and further deepen the capital market.
 Finance Secretary Ralph G. Recto lauds the enactment of a new law that will ensure equitable tax treatment on all digital businesses providing services in the Philippines and boost much-needed revenue collections to aid national development.
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PLACE YOUR ADS HERE PLACE YOUR ADS HERE For more updates about Personal Development, Financial and Investment Education. Join and Subscribe to my Newsletter. It's FREE! ABOUT THE BLOGGER
Hi, I'm Ralph Gregore Masalihit! An RFP Graduate (Registered Financial Planner Institute - Philippines). A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy). Currently, I'm working my way toward time and financial freedom. Connect
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