Senator Loren Legarda has introduced a bill aimed at enhancing heritage protection by granting incentive mechanisms to privately owned heritage buildings and ancestral houses. Senate Bill No. 1852, or the “Strengthening the Conservation and Protection of Philippine Cultural Heritage Through Heritage Incentives,” aims to amend the National Cultural Heritage Act of 2009 by extending tax relief and credit benefits to …
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The Philippines is set to ink 25 official development assistance (ODA) agreements with foreign governments, Finance Secretary Frederick Go said Thursday. Speaking at the Social Security System office, Go said the deals include 10 loans from Japan, 10 pipeline loans from Korea, and five loans from France, totaling USD10.3 billion. Separate Department of Finance data show that 10 pipeline ODAs …
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The Bureau of Internal Revenue (BIR), Bureau of the Treasury (BTr), and UnionBank have signed a memorandum of agreement to integrate UnionBank’s UPay Facility into the national tax collection system, aiming to expand digital payment options for taxpayers. The partnership, signed Tuesday at UnionBank Plaza in Pasig City, seeks to provide convenient web- and mobile-based channels for paying taxes and …
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Land Bank of the Philippines and the Technical Education and Skills Development Authority (TESDA) have signed an agreement to enable digital disbursement of scholarship grants and training support funds for over 335,000 TESDA scholars. The memorandum of agreement was signed on Feb. 16, 2026 at the TESDA Central Office in Taguig City by LandBank President and CEO Lynette Ortiz and …
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Philippine National Bank (PNB) reported consolidated net income of ₱25.3 billion for full-year 2025, a 20% increase from 2024, boosting return on equity to 11.1%, up 70 basis points from the previous year. The strong performance was fueled by solid core business results, efficient balance sheet management, cost discipline, and operational efficiency. PNB’s loan portfolio expanded 15% year-on-year, led by …
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For Benedicto “Benny” Marra, loyalty isn’t just a value—it’s a way of life. Like millions of overseas Filipinos, Benny left home to provide for his family. While working as a mechanic in Riyadh, Saudi Arabia, he relied on BDO as his financial partner. “Life abroad is demanding, maraming hirap at na-aksidente pa ako. Pero kinaya ko lahat ng sakripisyo,” he …
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THE Philippines and New Zealand shared more than just a hard-fought battle on the court, as both nations commemorated 60 years of diplomatic relations with a symbolic jersey exchange prior to their FIBA clash. With the special FIBA game in Manila, the jersey swap was proposed during discussions months ago with the Philippine ambassador to New Zealand, as a meaningful …
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MARK JOHN LEXER GALEDO was unbeatable in the individual time trial for Masters and Standard Insurance riders finished 1-2-3 in Women’s Under-23 of individual road race in the PhilCycling National Championships for Road 2026 earlier this week. But the week’s highlight was the awarding of the Mark Arvin España Armendez Gold Medal to the Men Junior road race champion—won by …
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Seven-time LPGA champion Sung Hyun Park, the 2017 US Women’s Open and the 2018 Women’s PGA Champion, and a guest of the Bases Conversion Development Authority( BCDA), had a chance to play a round of golf with both Philippine Sports Commission (PSC) and BCDA senior officials at the beautiful Camp John Hay course in Baguio, with PSC Commissioner Fritz Gaston …
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AS part of the efforts to promote the sport, the Philippines will stage the first-ever Under-19 Asian Sepak Takraw Championship on Nov. 18 -25 at the Rizal Memorial Coliseum. Pilipinas Sepak Takraw president Karen Tanchanco-Caballero said more than 600 rising stars from 12 to 16 nations will compete in the week-long meet in the regu, quad and mixed quadrant categories. …
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