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Louise Maureen Simeon
Louise Maureen Simeon
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DBM releases P875 million to replenish DSWD’s quick response fund
by Louise Maureen Simeon - November 17, 2024 - 12:00am
The Department of Budget and Management has released P875 million to replenish the quick response fund for calamity and disaster relief operations.
Philippines seeks stronger economic ties with Sweden
by Louise Maureen Simeon - November 17, 2024 - 12:00am
The Philippines is seeking enhanced cooperation and investment opportunities with Sweden in a bid to boost the local economy.
Unprogrammed funds raise 2024 budget to P5.93 trillion
by Louise Maureen Simeon - November 17, 2024 - 12:00am
The government has made adjustments anew to the national budget by about P164 billion, entirely for unprogrammed appropriations, to reach a record P5.93 trillion for this year,
BOC to auction off smuggled Bugatti cars, sees P647 million sales
by Louise Maureen Simeon - November 16, 2024 - 12:00am
The Bureau of Customs (BOC) targets to raise at least P647 million from the sale of two smuggled Bugatti Chirons.
Gaming revenue hits P266 billion in 9 months
by Louise Maureen Simeon - November 15, 2024 - 12:00am
The local gambling industry is still raking in from increased operational capacity with its gross gaming revenue growing to P266 billion in the nine-month period, effectively hitting nearly 80 percent of its target...
BIR seizes cigarettes with P8.5 billion tax liability
by Louise Maureen Simeon - November 15, 2024 - 12:00am
The Bureau of Internal Revenue has confiscated 11.5 million packs of illicit cigarettes with an estimated tax deficiency of P8.54 billion.
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.
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