Business

BOC collects over ₱15B worth of tax from imported rice

The Bureau of Customs (BOC) has collected ₱15.494 billion worth of tax from 2.38 million metric tons of rice imported by private entrepreneurs in 2020. In the Department of Finance (DOF) Executive...

BSP launches 5,000-Piso commemorative banknote

The Bangko Sentral ng Pilipinas (BSP) on Monday launched the 5,000-Piso Lapu-Lapu Commemorative Banknote and Silver Commemorative Medal. This is in line with the 2021 Quincentennial Commemorations in the country which include...

BOC collects P15 .5-B from rice imports in 2020

BOC PR The Bureau of Customs (BOC) collected a total of P15.494 billion in revenues from 2.38 million metric tons (MT) of rice imported by private traders in 2020, according to Customs...

BSP bids for a ‘coinless society’ on 2025

The Bangko Sentral ng Pilipinas (BSP) is pushing for a coinless society by 2025. The proposal will come to life with the help of the quick response (QR) code that is part...

Further economic recovery eyed this year

The government is optimistic that the economy of the country will be able to recover more this 2021. According to Department of Trade and Industry (DTI) Secretary Ramon Lopez, many businesses, especially...

Overseas Filipinos personal remittances up in Nov 2020

The personal remittance of overseas Filipinos has slightly increased last November 2020 despite the repatriation of more than 300,000 overseas Filipino workers (OFWs) due to the COVID-19 pandemic. Data from the Bangko...
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