House Ways and Means panel chairman and Albay 2nd district Rep. Joey Salceda thinks that Congress should legislate “Al Capone” laws to impose greater taxation on seized ill-gotten wealth and money laundering, as well as allow evidence of tax evasion to be used to assist in the prosecution of...
Remittances in the Philippines have long been dominated by offline players in brick-and-mortar stores and cash pick up locations, but as social distancing came into effect as a result of the COVID-19 pandemic, the market, particularly the recipients shifted towards the realm of digital or online...
President Duterte justified his decision not to suspend the operations of online sabong in the country as it is generating billions of income for the government and not because he has connections in the industry. President Rodrigo Roa Duterte talks to the people after holding a meeting with key...
Independent presidential candidate Senator Panfilo "Ping" Lacson on Saturday, March 26 said the future of the Philippines and of Filipinos - and not "money politics" - should determine the outcome of the coming May 9, 2022 elections. Lacson said this means voting for the most qualified leader, even...
73078 Homegrown fintech startup NextPay expands its digital payment solutions with Email Money, allowing users to transfer cash to any bank or e-wallet via email with no need for the recipient’s account details. By removing the need to collect and manage recipient’s bank details, Email Money...
Instilling the importance of financial awareness and financial savings among the youth, the Cooperative Development Authority (CDA) launched the Global Money Week 2022 as a national campaign. CDA, on Tuesday, March 22, said that at least 421 individuals attended the virtual event, while over 500...
DUBAI, United Arab Emirates – The United Arab Emirates has promised "robust actions" against money-laundering and terrorist financing after the Middle East financial hub was placed on a grey list of countries subject to heightened scrutiny. The wealthy Gulf state, which includes the...
Presidential candidate and Filipino boxing hero, Senator Manny Pacquiao on Wednesday, Feb. 23 called certain survey groups as "bogus" and mere "money-making ventures" in the hunt for gullible candidates as victims. Presidential candidate Senator Manny Pacquiao In an interview with newsmen, Pacquiao...
CEBU CITY—An official of the Commission on Elections (Comelec) here admitted that preventing vote-buying done through e-money is highly impossible. Lawyer Edwin Cadungog, election officer of Comelec-Cebu City North District, said the absence of a national guideline makes it difficult for the...
President Duterte is encouraging anyone with corruption allegations against the government to file a complaint if they have evidence so issues can be resolved swiftly. President Rodrigo Duterte (RTVM/PTV 4 Screenshot) In his "Talk to the People" aired late Monday night, February 21, the President...
It’s health over love and money for Filipinos. (Photo from pexels.com) This was according to the result of the most recent survey conducted by the Social Weather Stations (SWS) which was released Sunday, Feb. 13. In the survey conducted from Dec. 12 to 16, 2021, respondents were asked: “If you...
Do not let drug money be used to influence the ongoing campaign and the outcome of the May 2022 elections and the ongoing campaign, President Duterte said. President Rodrigo Duterte (PTV/RTVM Screenshot) Duterte briefly mentioned this during his pre-recorded public address aired Tuesday, Feb. 8,...
