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  • 27
    Jun

    Philippines, Singapore push open banking system

    MANILA, Philippines - The Philippines is set to pursue an agreement with Singapore as part of efforts to open up the banking industry aimed at greater financial integration and economic development among members of the Association of Southeast Asian Nations (ASEAN).    Bangko Sentral ng Pilipinas READ MORE
  • 21
    Jun

    Gov’t, PCCI cooperating to boost agri market access

    THE Departments of Agriculture (DA) and of Trade and Industry (DTI), along with the Philippine Chamber of Commerce and Industry (PCCI), are collaborating on a project that aims to improve market access for farmers. ​ Under the ASPIRE project, farmers will be trained to meet the standards and delivery preferences READ MORE
  • 01
    Jun

    PH improves competitiveness rank 1 notch

    The Philippines marginally improved its ranking by one notch to 41st from 42nd in the 2017 World Competitiveness Yearbook (WCY) among 63 countries as its impressive economic performance failed to offset declines in business and government efficiency categories.   With the very small improvement, the READ MORE
  • 30
    May

    BSP to liberalize rules for micro-banking offices

      The Central Bank is looking to allow the broadening of services offered by micro-banking offices (MBOs) to bring more Filipinos aboard formal financial channels, as part of its plans to spur increased digital payments in the country.   Bangko Sentral ng Pilipinas ( READ MORE
  • 23
    May

    Special tax rate for Microfinance NGOs

    The BIR has issued Revenue Regulations (RR) No. 3-2017 to implement the tax provisions of Republic Act (RA) No. 10693, otherwise known as the “Microfinance NGO Act.” In 2015, RA 10693 was signed into law to pursue poverty alleviation programs by encouraging underprivileged Filipinos to undertake entrepreneurial READ MORE
  • 19
    May

    Joblessness down to 22.9%, equivalent to 10.4 M Pinoys

    Around 10.4 million Filipinos remained jobless in the first quarter of 2017 under the Duterte administration, the latest survey of the Social Weather Stations showed. File MANILA, Philippines - Around 10.4 million Filipinos remained jobless in the first quarter of READ MORE

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