Pares Business of Rodel Anisor – Success Story

pares business

The success story of Pares Point The Original in Makati City, the pares business of Rodel Anisor PARES BUSINESS – From one push cart or kariton, Rodel Anisor is now a millionaire thanks to his pares business. Pares, commonly known as beef pares, is a Filipino dish that consists of a bowl of clear soup, … Read more

HOME CREDIT LOANS — Home Credit Reveals Top Items For Customers Applying For Loans

Home Credit

Home Credit revealed the top items for customers applying for loans HOME CREDIT LOANS — The consumer finance company recently revealed the top items for customers applying for loans. On Tuesday, Home Credit said that laptops and bicycles have become the top items for customers applying for loans. Home Credit Philippines Director and Treasurer Zdenek … Read more

BIR To Hold Summit With Shopee, Lazada In September

BIR

The BIR will hold a summit with Shopee and Lazada in September BIR — The Bureau of Internal Revenue will hold a summit with online shopping apps Shopee and Lazada in September in order to discuss a possible partnership to determine the sales of online sellers. BIR Commissioner Lilia Guillermo said at the sidelines of … Read more

BIR To Use “Big Data” To Identify Big-time Online Sellers, Influencers

BIR

BIR: “We will use big data analysis from the social media data and identify big time online sellers and influencers.” BIR — The Bureau of Internal Revenue will use “big data analysis from the social media data” to identify big-time online sellers and influencers. The tax bureau has asserted that the agency is really determined … Read more

BSP Says Monetary Board Decides To Hike Policy Rates By 50 Basis Points

BSP

BSP: “The inflation target remains at risk over the policy horizon owing to broadening price pressures.” BSP — On Thursday, the Bangko Sentral ng Pilipinas said that the Monetary Board decided to hike policy rates by 50 basis points (bps) effective August 19. As such, the overnight deposit facility has increased to 3.25%, the overnight … Read more

BSP Warns Public vs Unregistered, Foreign Virtual Assets

virtual asset

BSP: “The public should exercise caution, conduct their own due diligence, and always be mindful of the risks prior to engaging with VA-related activities.” BSP — The Bangko Sentral ng Pilipinas recently warned the public against unregistered and foreign virtual assets. The central bank has issued a strong public warning against unregistered and foreign VASPs … Read more

Pepsi, RC, Coca-Cola Confirm Softdrinks Industry Facing Sugar Shortage

Pepsi RC Coca-Cola

Pepsi, RC, and Coca-Cola: “We are working closely with other stakeholders of the industry and the government to address the situation” PEPSI, RC, AND COCA-COLA — The softdrink makers confirmed that the softdrinks industry is facing a shortage of premium refined sugar. Pepsi-Cola Products Philippines Inc., ARC Refreshments Corp., and Coca-Cola Beverages Philippines Inc. released … Read more

BSP May Issue 500-Piso Polymer Banknotes In 2023

BSP

BSP: “Given the supply schedule (of the P1,000) the P500 polymer will not be available before end of June.” BSP — After assessing the public’s acceptance of the first 1000-piso polymer banknote, the Bangko Sentral ng Pilipinas may circulate 500-piso polymer banknotes in 2023. However, BSP Governor Felipe M. Medalla said that the 500-piso polymer … Read more

BSP To Stop Accepting New VASP Applications Starting September 1

BSP

BSP said that the regular application window for new VASP licenses will be closed for 3 years. BSP — The Bangko Sentral ng Pilipinas said that the regular application window for new VASP (virtual asset service provider) licenses will be closed for 3 years starting September 1, 2022. In Memorandum Order M-2022-035 signed by BSP … Read more