RJ JOQUICO-UNSPLASHTHE GOVERNMENT fully awarded the reissued bonds it auctioned off on Tuesday at a lower average rate as the US Federal Reserve is expected to start its long-awaited easing cycle this week.The Bureau of the Treasury (BTr) raised P30 billion as planned via the
BW FILE PHOTOSTRONG beneficial ownership policies are essential to prevent the misuse of corporate structures for illegal activities, according to the Securities and Exchange Commission (SEC).“As businesses increasingly operate across borders, understanding and implementing robust beneficial ownership policies frameworks will become essential for compliance and
ANN DANILINA-UNSPLASHThe Philippines has been friends with the Republic of Korea (RoK) for 75 years. It was in 1949 that our country became the fifth in the world to extend diplomatic recognition to the RoK after its establishment.Subsequent events in history only strengthened these bonds.Under
PETRON Corp. has completed its follow-on offering and was able to raise P16.8 billion in preferred shares, the Ang-led company announced on Tuesday.In a stock exchange disclosure, the oil company said it had sold P8.5 billion worth of Series 4D shares and P8.33 billion worth
MARI HELIN-UNSPLASHUnder Republic Act No. 8556, also known as the Financing Company Act of 1998 (FCA), the term “financial leasing” refers to a mode of extending credit under which the lessor purchases or acquires, at the instance of the lessee, movable or immovable property in
The Philippines ranks 71st among 193 United Nations (UN) member states in the 2024 Women’s Power Index by think tank Council on Foreign Relations. This index measures women’s representation in government, focusing on the numerical presence of women rather than their impact or policy preferences.
SNOWING-FREEPIKTHE USE of buy now, pay later (BNPL) services among Filipinos as of July rose by 9.6 times since September 2018, with the penetration rate among the highest in Southeast Asia, financial solutions provider UnaCash said on Tuesday.“It’s quite evident that in the local market,
As the Labour Party Conference kicks off this weekend, Made in Britain, a trade association that unites domestic manufacturers through the official Made in Britain Trademark, has issued a cross-party call for MPs to actively support local manufacturers. The organisation is urging politicians from all political
In a landscape where technology is evolving at breakneck speed, Alan Stephenson-Brown, CEO of Evolve Business Group combines innovative IT solutions with a commitment to simplicity and security. Since 2005, Evolve has been on a mission to transform the connectivity of multi-site businesses across various sectors,
Revd George Bearwood, a former rock musician turned priest, is making waves in Holyhead Ministry Area as the new Pioneer Priest. With a background in the music industry and a passion for horror films and theology, Revd Bearwood brings a unique perspective to his role
Labour’s proposed expat exit tax has come under fire from leading audit, tax, and business advisory firm Blick Rothenberg, which warns that the policy could drive Foreign Direct Investment (FDI) away from the UK to more tax-friendly countries like France. Vanesha Kistoo, Head of Blick Rothenberg’s
Landlords in the UK could soon be hit with capital gains tax bills of up to £90,000 if Labour’s proposed changes to the tax system are implemented. Chancellor Rachel Reeves has suggested aligning capital gains tax rates with income tax rates, which would significantly increase the