Finance Secretary Benjamin E. Diokno has highlighted the need to strengthen real property taxation to boost the financial capacity of local government units (LGUs) during the Key Stakeholders’ Dialogue on Collaborating for Local Government Commitment to the Local Governance Reform Project (LGRP) on December 11, 2023. “[W]e must strengthen the potential of real property taxation to empower our local units …
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December, 2023
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18 December
SEC wraps up nationwide capital market roadshow
The Securities and Exchange Commission (SEC) has capped its nationwide roadshow pitching the capital market as an accessible funding source for small businesses and startups for the year. At the same time, however, the Commission has launched a new platform for small businesses and startups to explore and learn more about their financing options in the capital market. The SEC …
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18 December
Phl, Hungary to boost economic ties
During the 5th Joint Commission on Economic Cooperations (JCEC) Meeting, the Philippine and Hungarian governments took note of the progress made in their trade and investment relations. They discussed opportunities to boost economic activities between the two countries. The two officials cited constant increases in bilateral trade, both exports and imports, for the last three years. The Philippines’ top exports …
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18 December
3rd Meeting of the Sub-Committee on Development Cooperation held
The Philippines and the European Union (EU) convened the Third Meeting of the Sub-Committee on Development Cooperation in Brussels, Belgium on November 21, 2023. At the meeting, both the Philippines and EU emphasized their shared interests and values, as well as their commitment to continue their partnership through development cooperation under the EU-Philippines Partnership and Cooperation Agreement. The Sub-Committee Meeting …
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18 December
Over P1-B at stake in PCSO Christmas draws; E-Lotto goes on test run
Lotto bettors are in for grand Christmas prizes, after the Philippine Charity Sweepstakes Office (PCSO) offers more than P1-B in combined winnings for lucky bettors. This was announced recently by PCSO General Manager Mel Robles saying the Grand Lotto (6/55) and Ultra Lotto (6/58) games will have a guaranteed minimum grand prize of P500 Million. The high-stakes games started last …
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18 December
McDonald’s Philippines opens 7th Green & Good flagship store in Tarlac
McDonald’s Philippines (Golden Arches Development Corporation) continues to pioneer sustainability in the quick-service restaurant industry with the grand opening of its 7th Green & Good flagship store at Ayala Cresendo, Tarlac. Through its Green & Good platform, McDonald’s Philippines has been steadfast in testing and learning different eco-friendly solutions in the construction and operation of its stores, reducing plastic waste …
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18 December
Mapúa University receives prestigious recognition from Cengage for Digital Education Leadership
Remaining at the forefront of digital education in the country, Mapúa University has received another recognition from Cengage, a United States-based education and technology company. In its letter addressed to Mapúa president Dr. Dodjie S. Maestrecampo, Cengage commended the University for achieving impressive milestones in the past academic year. “Through your foresight and determination, Mapúa University has successfully embraced digital …
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18 December
BDO bags best bank honors for the 12th time
BDO Unibank Inc. (BDO) was recognized as the Best Bank in the Philippines for the 12th year by Hong Kong-based institutional investment publication Alpha Southeast Asia at the 17th Best Financial Institution Awards 2023. BDO is the country’s largest bank in terms of total assets, loans, deposits and trust funds under management. The Bank has the country’s largest distribution network, …
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18 December
New Year, New Financial Goals: A guide to planning for a prosperous year ahead
As we usher in the uncharted new year, it is imperative to navigate the ever-evolving financial landscape with a bit of foresight and lots of savvy. The previous turbulent years have proven the importance of being financially prepared for uncertainties. No one knows when the next global emergency or personal financial difficulty will occur. It is never a bad idea …
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18 December
Yuchengco family offers a glimpse of never seen before artworks, memorabilia
The Yuchengco family is offering an exclusive insight into their privately held art collection, including never-before-seen artworks by Helen Yuchengco Dee, in an exhibit held at the Yuchengco Museum in Makati. Dubbed “Timeless Collections,” the exhibition stands as a remarkable celebration of art, culture, and history. Along with Dee’s paintings are the distinguished masterpieces of national artist Fernando Amorsolo and …
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The Market Monitor Minding the Nation's Business