Business

DITO Telecommunity officially launched

The third telecommunication company of the Philippines, DITO Telecommunity, has officially launched on Monday. The telco company was launched in 15 areas in Metro Cebu and Metro Davao. In its soft launch,...

BIR has TIN verifier app for taxpayers

The Bureau of Internal Revenue (BIR) has launched its Mobile Taxpayer Identification Number (TIN) Verifier app that lets taxpayers validate their TINs by simply typing relevant information on their smartphones. BIR Deputy...

MERALCO to implement refund in March

The Manila Electric Company (MERALCO) will be implementing a decrease in its electricity charges in March. The Energy Regulatory Commission (ERC) earlier granted the power provider’s petition to refund ₱13.89 billion to...

National Government Deficit Widens to P1,371.4 billion in 2020; Full-Year Shortfall at 7.63% of GDP

The National Government (NG) ran a P1,371.4 billion budget deficit for 2020, 24.45% lower than the revised full-year program of P1,815.4 billion, but was more than double the previous year’s P660.2...

Auring leaves ₱24M agri, infra damage in CARAGA

The worth of damage brought about by Tropical Storm Auring has reached ₱24 million in the CARAGA Region. Based on the report of the National Disaster Risk Reduction and Management Council (NDRRMC),...

BSP introduces PCMS

The Bangko Sentral ng Pilipinas (BSP) introduced Payments and Currency Management Sector (PCMS) that will manage the physical currency and digital money. “PCMS is tasked to maintain the safety and integrity of...
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