
DOF: Only 20% will be affected in US-imposed remittance tax
The Department of Finance (DOF) said only 20 percent of Filipinos in the United States will be affected by the proposed tax on remittances imposed by the…
· 2 min read
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The Department of Finance (DOF) said only 20 percent of Filipinos in the United States will be affected by the proposed tax on remittances imposed by the…
· 2 min read
The loans have benefited 6,853 borrowers, which also include agrarian reform beneficiaries, and funded economic activities on more than 21,000 hectares of land…
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State-owned Land Bank of the Philippines (LANDBANK) disbursed a total of P1.16 billion in loans to farmers, fisherfolks, and agribusinesses in six months under…
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State-run Land Bank of the Philippines (LANDBANK) clarified that it is not liable for the P28.49 billion in compensation ordered by the Court of Appeals (CA)…
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The national government is preparing financial education measures for overseas Filipino workers (OFWs) in anticipation of a potential 3.5 percent tax on…
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The Philippine government is preparing financial education initiatives for overseas Filipino workers after the U.S. House passed a bill that would impose a…
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Driven by its robust financial performance in 2024 and sustained momentum into 2025, LandBank has declared ₱33.53 billion in cash dividends to the National…
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Overseas Filipino workers (OFWs) are expected to benefit from lower remittance fees following the removal of the Philippines from the Financial Action Task…
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This special dividend, in addition to the regular dividends, will be distributed to shareholders of record as of 16 May 2025, payable on 29 May 2025. SMIC…
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The call for a "zero remittance week" by overseas Filipino workers (OFWs) as a protest for the release of former President Rodrigo Duterte highlights a deeper…
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The Philippine Ports Authority (PPA) reported that its governing board greenlighted the remittance of P5.20 billion to the National Treasury for 2024, beating…
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Former senator and senatorial candidate Francis "Kiko" Pangilinan has voiced strong opposition to recent discussions suggesting that the tax privileges of…
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Senate President Francis Escudero expressed his opposition to retaliating against Overseas Filipino Workers (OFWs) who support the proposed “zero remittance…
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As calls for a Zero Remittance Week gain traction online, Malacañang reassured overseas Filipino workers (OFWs) that the government is not their adversary and…
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Land Bank of the Philippines (LandBank) recently received the award for the “Most Innovative Banking Application” at the 12th Annual International Finance…
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State-owned Land Bank of the Philippines (LANDBANK) received a viability rating upgrade to BB+ from BB- from the global institution Fitch Ratings. The bank…
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Wise, a global payments and remittance app, is optimistic about capturing a significant share of the Filipino market due to its remittance fee of less than 1…
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‘We’ve knocked on sovereign banks like LandBank and Philippine National Bank for loans, but they’re still not ready to back commercial EV players’
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