Debt payments down 41% in H1 Debt payments by the national government went down by 41 percent in the first semester of the year due to lower amortization, data from the Bureau of the Treasury showed. The national government's debt servicing reached P458.35 billion in January to June this year,...
BAGUIO CITY -- The Bangko Sentral ng Pilipinas and the Department of Interior and Local Government will launch the ‘Paleng-QR Ph’ cashless payment program with this city as pilot site on Sunday, August 14, at People’s Park Malcolm Square here. BSP Governor Dr. Felipe Medalla and Deputy...
The Department of Transportation (DOTr) and its attached agencies should fast-track the implementation of Phase 2 and Phase 3 of the Toll Interoperability Project, lawmakers said. Neophyte lawmaker Ilocos Rep. Sandro Marcos and Valenzuela City 2nd District Rep. Eric Martinez filed House Resolution...
CAGAYAN DE ORO CITY – A 30-year-old male who was posing as an employee of Department of Social Welfare and Development (DSWD) and asking for registration fees from his victims in exchange for the agency’s financial assistance was arrested in an entrapment operation on Tuesday, July 19, the city...
From left to right: Mr. Cristeto Ocampo, TIEZA’s Travel Tax Department Manager, Mr. Mark Lapid, TIEZA’s Chief Operating Officer, Ms. Ann Margaret Saldaña, MyEG Philippines Chief Executive Officer, and Ms. Israelita Choa, MyEG Philippines Accounts and E-Gov Operations Manager Tourism...
To promote the efficient delivery of services, especially amid the ongoing Covid-19 pandemic, Malacañang has ordered all government offices to adopt digital payments for their respective disbursements and collection. Photo from PIXABAY Executive Secretary Salvador Medialdea signed President...
Businesses — especially the micro, small and medium enterprises (MSMEs) — stand to benefit from the adoption of digital payments, as technology enables them to streamline their financial transactions while providing them with greater security and convenience. Southeast Asia has seen a boom in...
Kaspersky: 1 in 5 Filipinos still scared of paying online By EMMIE V. ABADILLA Many Filipinos, like most Southeast Asians, still get the jitters when paying online, according to the latest findings of cybersecurity firm Ksspersky. Both the oldest and the youngest generations find it scary to go...
Bus commuters going to Northern and Central Luzon can now do cashless purchase of tickets or payment for cargo deliveries after Victory Liner, one of the country's largest transportation firms, partnered with digital financial services platform PayMaya. Victory Liner taps PayMaya for safe and...
For years, Allysa Fabiaña manually listed daily sales and expenses from her ukay-ukay business and had no access to simple digital services. Today, she’s one of the thousands of users who operate their business using only a smartphone with SME superapp Enstack. “Enstack has allowed us to...
Debt payments by the Philippine government breached the P1-trillion mark last year amid heightened borrowings during the prolonged pandemic, data from the Bureau of the Treasury showed. From January to December 2021, the national government’s debt servicing amounted to P1.204 trillion, an...
The Las Pinas City Council, headed by Vice-Mayor April Aguilar, has extended the deadline for the payment of business permits, licenses, taxes and other commercial and industrial fees and charges until March 31 without interests, penalties, and surcharges. Mayor Imelda Aguilar immediately signed...
