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Day: August 14, 2026

BSP Targets Barriers to Financial Inclusion

Manila: The Bangko Sentral ng Pilipinas (BSP) announced its continued collaboration with government agencies and the private sector to remove barriers to financial inclusion, aiming to integrate more Filipinos into the digital financial system. This d…

BIR Clarifies PERA Rules on 20% Early Withdrawal Penalty

Manila: The Bureau of Internal Revenue (BIR) has clarified that the 20 percent early withdrawal penalty (EWP) from Personal Equity and Retirement Accounts (PERA) is limited to the earnings from PERA assets actually withdrawn.

According to Philippine…

Marcos to Endorse ‘Best’ Candidate for 2028 Presidential Race

Manila: President Ferdinand R. Marcos Jr. announced his intention to endorse the ‘best’ candidate for the 2028 presidential race, aiming to ensure the continuation of his administration’s legacy. Speaking at a presidential luncheon hosted by the Forei…

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