President Marcos has signed into law the Ligtas Pinoy Centers Act and the Student Loan Payment Moratorium During Disasters Emergencies Act which both aim to support families and students affected by calamities. President Ferdinand 'Bongbong' Marcos Jr. (RTVM Screenshot) Marcos signed both laws on...
The Philippines is experiencing a significant surge in the digital payment sector, according to digital and physical financial solutions provider UnaCash. In a statement, UnaCash revealed that the country ranks second in Southeast Asia for the number of point-of-sale (POS) users aged 15 and older,...
The Bangko Sentral ng Pilipinas (BSP) has approved the regulatory framework for merchant payment acceptance activities (MPAA) to widen the use of digital payments in the country. Merchants refer to physical or electronic retailers, service providers, billers and businesses that accept payments for...
For borrowers to see real-time updates of their housing loan payments and individual loan accounts, the Social Security System (SSS) will require them to present a Payment Reference Number (PRN) for their payments starting this month. SSS President and Chief Executive Officer Rolando Ledesma...
House Deputy Minority Leader and Bagong Henerasyon Rep. Bernadette Herrera on Thursday, March 28 renewed her call for the immediate approval of the “Tollway bill” aimed easing traffic congestion on tollways. House Bill No. 8161, or the proposed “Non-Payment of Toll Fees Act of...
Filipinos may soon opt to pay their miscellaneous fees online as the Bureau of Customs (BOC) partners with the Landbank of the Philippines (Landbank) to use its digital payment system. In a statement, the BOC announced that it inked a memorandum of agreement with Landbank to utilize its...
With the onset of the busy tax season, we note of the Ease Of Paying Taxes (EOPT), which was made into law last Jan. 5, 2024. President Marcos, however, vetoed one provision on the withholding of taxes by microenterprise, but the rest were approved. As of this writing, we are still waiting...
FundSpace, the online loan platform of Globe Telecom Inc.’s corporate venture builder 917Ventures, has partnered with business loan provider Esquire Financing Inc. to expand its loan offers to local small and medium-sized enterprises (SMEs). Through the partnership, SMEs can now apply for loans...
Digital bank Maya and telecom giant PLDT Inc. will lead Go Digital Pilipinas’ (GDP) Cashless Expo 2023 to discuss innovation and the digitalization of financial products and services to further expand e-commerce. The companies will be co-presenters in the expo to be held on Nov. 17 to 19 at the...
MALUNGON, Sarangani – Residents and business entrepreneurs from this municipality can now pay for dues to the local government faster online through the digital payment facility of the Land Bank of the Philippines (Landbank). MALUNGON Mayor Maria Theresa Constantino (second from right), Vice...
Senator Ronald “Bato” Dela Rosa on Monday, August 21 claimed he was “taken out of context” over his statement saying Filipinos should bear more children to help lower the country’s debt per capita. Sen. Ronald "Bato" Dela Rosa (Senate PRIB Photo) In a phone interview, Dela...
The Senate has approved on third and final reading Senate Bill (SB) No. 2219 extending the period of availment of estate tax amnesty. "Narinig po natin ang panawagan ng ating mga taxpayers, at ito na po ang ating sagot sa kanila (We heard the call of our taxpayers and this is our answer to...