News and Updates
Welcome to our news and updates section!
Read the latest accounting, bookkeeping, and taxation news in the Philippines. In this section, we also post up-to-date information on the tax and financial systems in the Philippines and their technicalities.
The Bangko Sentral ng Pilipinas (BSP) urges financial institutions to merge with other local banks for extensive and more substantial growth to refrain from unexpected events that cause a widespread impact on the economy.
The Bangko Sentral ng Pilipinas (BSP) once again stated that the price hike is not a monetary policy and the price surge will most probably be on the supply side.
BSP urged a more flexible procedure for bank loan restructuring of debtors who have been affected by the pandemic.
Fitch Ratings Philippines predicts less competition between traditional banks and digital banks in the country.
The Senate is pushing for the approval of two measures to provide faster, safer, and more efficient digital transactions with the public sector in the Philippines.
The House of Representatives approved a bill that exempts donations and rewards given to Philippine athletes from tax and other fees.