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Louise Maureen Simeon
Louise Maureen Simeon
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Government bonds soon available via GCash
by Louise Maureen Simeon - November 14, 2024 - 12:00am
Government securities will soon be available on e-wallet giant GCash to cater to more retail investors and boost financial inclusion among Filipinos.
My.SSS deploys stricter process for verification
by Louise Maureen Simeon - November 14, 2024 - 12:00am
State-run pension fund Social Security System has implemented a multi-factor authentication scheme as part of its enhanced security measures.
BOC collects P90 billion in October
by Louise Maureen Simeon - November 13, 2024 - 12:00am
The Bureau of Customs saw its collections rise to P90 billion in October as it ramped up proper tax verification on various imported goods.
Pag-IBIG savings soar to almost P100 billion
by Louise Maureen Simeon - November 13, 2024 - 12:00am
Member savings collections of the Home Development Mutual Fund, commonly known as Pag-IBIG, reached almost P100 billion as of the third quarter, allowing the agency to finance the higher demand for home loans.
Treasury streamlines tax treaty procedure
by Louise Maureen Simeon - November 13, 2024 - 12:00am
The Bureau of the Treasury has rationalized tax treaty procedures for government securities in a bid to boost the local capital market.
Government settles 81 percent of debt service as of Q3
by Louise Maureen Simeon - November 11, 2024 - 12:00am
The Marcos administration increased its debt payments to P1.6 trillion as of end-September, settling more than 80 percent of its programmed obligation for the year.
Debt ratio weakens past international standards
by Louise Maureen Simeon - November 10, 2024 - 12:00am
The country’s outstanding debt as a share to the overall economy remained above the internationally accepted threshold, even breaching the 61-percent level following a weaker-than-expected economic perfor...
Philippines to join global sustainable finance initiative
by Louise Maureen Simeon - November 9, 2024 - 12:00am
The Philippines will join a global initiative that aims to promote sustainable finance among economies.
BSP to rely on Fed for rate direction, says finance chief
by Louise Maureen Simeon - November 8, 2024 - 12:00am
The Philippines will likely monitor how the US Federal Reserve adjusts its policy, especially as Donald Trump returns to the White House.
BIR collects P1 billion from vape stamps
by Louise Maureen Simeon - November 7, 2024 - 12:00am
he Bureau of Internal Revenue has collected about P1 billion from the imposition of excise stamps on vape products but the amount is deemed small as many players have yet to fully comply.
Pag-IBIG assets reach P1 trillion mark
by Louise Maureen Simeon - November 7, 2024 - 12:00am
The assets of the Home Development Mutual Fund, commonly known as the Pag-IBIG Fund, have breached the P1-trillion level due to increased revenues and member savings.
First Islamic insurance in Philippines to bridge social protection gap
by Louise Maureen Simeon - November 6, 2024 - 12:00am
The government has issued the first Takaful or Islamic insurance license in the country amid the need to bridge the gap in social protection and offer a more affordable option to Muslim and non-Muslim Filipinos...
IC wants hands off on HMOs
by Louise Maureen Simeon - November 6, 2024 - 12:00am
The health maintenance organization sector may have to be passed around again as the Insurance Commission is seeking other agencies to handle the sector nearly 10 years after it was placed under its jurisdictio...
State workers abroad get higher allowances
by Louise Maureen Simeon - November 5, 2024 - 12:00am
The government has increased by up to 40 percent the allowances of state workers assigned abroad to take into consideration global price movements.
T-bill rates increase for 5th straight week
by Louise Maureen Simeon - November 5, 2024 - 12:00am
The government managed to borrow P20 billion in short-term securities even after rates moved upward for the fifth straight week amid expectations of a faster October inflation print.
Government subsidies down 23 percent to P105 billion in 9 months
by Louise Maureen Simeon - November 4, 2024 - 12:00am
The government reduced its budgetary support to state-run firms by a little over 20 percent to P105 billion over the nine-month period, with the bulk of the subsidies allocated to support irrigation projects.
London to support Philippines AI, climate finance goals
by Louise Maureen Simeon - November 2, 2024 - 12:00am
Manila has secured support from London in boosting the country’s artificial intelligence (AI) and climate financing.
Government woos more British firms to invest in Philippines
by Louise Maureen Simeon - November 2, 2024 - 12:00am
The Philippines is wooing more British firms to put their resources and invest in the country in a bid to further grow the local economy.
BIR seizes illicit cigarettes with P637 million tax liabilities
by Louise Maureen Simeon - October 31, 2024 - 12:00am
The trade and sale of illicit cigarettes continue to be a government problem with the Bureau of Internal Revenue confiscating P637 million worth of illegal cigarettes.
PAGCOR profit doubles to P10 billion
by Louise Maureen Simeon - October 31, 2024 - 12:00am
Earnings of state-run Philippine Amusement and Gaming Corp. almost doubled to P10 billion from January to September, driven by the electronic games sector.
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