Smart unveils Unli 5G as its most powerful offer on its fastest technology

As a big step forward in its 5G push, leading mobile services provider Smart Communications, Inc. has introduced Unli 5G, its most powerful offer on its fastest technology yet. Unli 5G provides customers with non-stop data access at selected Smart 5G-covered areas – with absolutely no data-capping or speed-throttling for a superior and reliable 5G experience. To give convenience and flexibility to…

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Suzuki rolls out hot new promos for the month of April

Suzuki Philippines Inc. (SPH), the country’s pioneer compact car distributor, welcomes the month of April with several new promos sure to excite its customers as Suzuki continues to remain dedicated in finding avenues to provide its clientele with the best possible service. Nothing less to be expected as SPH continues to champion the Suzuki Way of Life! Dzire to Excel…

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Gov’t prepares euro bond issuance

THE Philippine government is returning to the global debt market for a second time this year with a euro-denominated bond issuance. Citing a Philippine government filing with the United States Securities and Exchange Commission (SEC), Bloomberg reported the euro bond offering will have potential tenors of four years, 12 years and/or 20 years. The notes will be US SEC-registered senior…

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Caltex accelerates network growth in Q1 to help fuel a recovering economy

Posting strong network growth in the first quarter of 2021, Caltex, marketed by Chevron Philippines Inc. (CPI), warmly embraces the dry season by boosting its retail network with eight newly-opened service stations and two Caltex Havoline autoPro workshop openings in key provinces. Bolstering its network of nearly 650 service stations and 75 Caltex HavolineautoProand bikePro workshops at present, Caltex seeks…

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BSP requires banks to report ‘reputational’ risks

Philippine lenders should be on guard against any “reputational risks” that could potentially impact their financial standing and affect stakeholder confidence, the Bangko Sentral ng Pilipinas (BSP) said on Friday. In a statement, the central bank said all BSP-supervised financial institutions (BSFIs) will be required to report within five calendar days from determining any incident affecting its reputation. This includes…

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Filipino Fund, Inc. sets stockholders’ meeting via remote communication

NOTICE OF ANNUAL STOCKHOLDERS’ MEETING OF FILIPINO FUND, INC. Please take notice that the 2021 Annual Stockholders’ Meeting (“ASM”) of Filipino Fund, Inc. (the “Company”), will be held on May 11, 2021 (Tuesday) at 9:00 in the morning via remote communication under the platform of Zoom Video Communications.  The virtual ASM is necessitated by the COVID-19 pandemic situation where physical…

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Accounting in a world reshaped by COVID-19

By Bjorn Biel M. Beltran, Special Features Writer There are few things in history that have caused a titanic upheaval to modern society like the coronavirus disease 2019 (COVID-19). Aside from plunging the world economy into the worst global recession since the Second World War, according to the World Bank, the pandemic has also exacerbated the risks associated with a…

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BIR collection slips amid lockdown

By Beatrice M. Laforga, Reporter THE Bureau of Internal and Revenue (BIR) missed its collection target by 13% in March, as the government began tightening lockdown restrictions to curb the spike in coronavirus disease 2019 (COVID-19) infections. Arnel SD. Guballa, BIR deputy commissioner for operations, on Wednesday said the agency collected P127.4 billion in taxes in March, 13% short of…

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Duterte certifies three economic bills as urgent

A bill that aims to lower the required paid-up capital for foreign retail enterprises under the Retail Trade Liberalization Act is still pending at the Senate. By Beatrice M. Laforga, Reporter PRESIDENT Rodrigo R. Duterte certified as urgent three bills aimed at easing foreign investment restrictions in the country. Mr. Duterte sent a letter to Senate President Vicente C. Sotto…

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