BW FILE PHOTOYIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits went down on Wednesday after the US Federal Reserve delivered another rate cut last week.The BSP’s term deposit facility (TDF) attracted bids amounting to P291.099 billion on Wednesday, higher than the P230 billion
About 30 years ago, I recall an initiative by the private sector to study the potential of real property taxes and how an overhaul of the present system of valuing and taxing land nationally and locally can result in higher revenues even while lowering rates
SAMSUNG ELECTRONICS on Wednesday launched in the Philippines its latest entry-level Galaxy smartphones, the Galaxy A16 5G and LTE.“These new, affordable smartphones bring stunning improvements to the A series lineup, combining immersive visuals, sleek designs, and secure, reliable experiences; elevating everyday experiences for its users,”
ONE FILINVEST IN ORTIGAS AVENUE — FILINVEST.COMGOTIANUN-LED conglomerate Filinvest Development Corp. (FDC) saw its attributable net income for the third quarter climb by 96.5% to P3.91 billion, led by growth across its business segments.The conglomerate’s revenues increased by 35.7% to P27.04 billion from P19.93 billion
HMRC will reduce the interest rate it charges on late tax payments to 7.25% from 18th November, following the recent cut in the Bank of England’s base rate. However, this reduction highlights a stark disparity: taxpayers will receive only 3.75% interest on tax refunds, leaving a
HMRC will reduce the interest rate it charges on late tax payments to 7.25% from 18th November, following the recent cut in the Bank of England’s base rate. However, this reduction highlights a stark disparity: taxpayers will receive only 3.75% interest on tax refunds, leaving a
The Post Office has announced potential closures of 115 Crown Post Office branches, placing up to 1,000 jobs at risk in a significant restructuring aimed at reducing losses. The proposed changes may lead to franchise arrangements with third-party operators like WHSmith taking over affected branches. However,
The Post Office has announced potential closures of 115 Crown Post Office branches, placing up to 1,000 jobs at risk in a significant restructuring aimed at reducing losses. The proposed changes may lead to franchise arrangements with third-party operators like WHSmith taking over affected branches. However,
London, UK – Temporary accommodation is becoming a growing concern for households in London, as new figures have revealed that an estimated 183,000 Londoners – at least one in 50 – are currently living in temporary accommodation. These figures, released by London Councils, are the
GEMA Becomes First Collecting Society to File Lawsuit Against Provider of Generative AI SystemsMunich, Germany – On Wednesday, November 13, 2024, GEMA, the world’s largest authors’ society for musical works, has taken a groundbreaking step by filing a lawsuit against US company OpenAI for the
Report Highlights Mental Health Challenges in Rural CommunitiesOn Wednesday 13 November, 2024, Mental Health Matters, a national charity, released a report shedding light on the mental health struggles faced by rural communities. The report comes in the wake of a parliamentary debate on Mental Health: