15 December 2019

  • SC orders FDCP to stop getting amusement tax
    THE Supreme Court (SC) has affirmed its decision declaring as unconstitutional the provisions of Republic Act 9167 mandating local government units (LGUs) to remit amusement tax to the Film Development Council of the Philippines (FDCP). However, in a 12-page decision penned by Associate Justice Estela Perlas-Bernabe, the Court en banc directed the Cebu City government […]
  • Dutch financial services’ PHL unit banks on digitization’s benefits for business, public
    A branchless business model for a banking institution will give depositors more value for the money they put in, ING Bank said on Thursday, as the bank will not have to shoulder the operational costs of running a traditional bank branch.  ING Philippines Hans B. Sicat, country head of the Dutch multinational banking and financial […]
  • Pag-IBIG Fund unveils online portal
    State-run Pag-IBIG Fund on Thursday unveiled its online portal, which seeks to make it easier for its members to avail of loans, make their monthly payments and inquire about its other services. According to Human Settlements and Urban Development Secretary Eduardo D. del Rosario, the Virtual Pag-Ibig is a long-term project of the government-owned and […]
  • Hualien catches up on MICE
    I was invited by the Taiwan External Trade Development Council (Taitra) to make a presentation on Philippine incentive travel at its workshop on meetings, incentives, conventions and exhibitions (MICE) in Hualien. I immediately accepted the invitation for two reasons: one, it will be my first time to travel outside of Taipei City and, secondly, I […]
  • Banks lap up BSP shorter-term deposit on anticipated demand
    LOCAL banks favored the Bangko Sentral ng Pilipinas’ (BSP) shorter term deposit offerings on Wednesday indicating that financial institutions are getting ready for the liquidity demand surge in the coming holiday season. The BSP’s term deposit facility (TDF) auction this week showed oversubscription in both the 7-day and 15-day term deposit offerings but fell short […]

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