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Business · PhilippinesBy Adrian H. Halili, Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) on Thursday ordered all electronic wallets (e-wallets), banks and other supervised institutions to remove in-app gambling assets, including any links that direct users to gaming or gambling websites. “The BSP directive is issued in light of the surge in online gambling transactions and its impact on the financial health of consumers and their families, and considering the broade…See the Story
E-Wallets Told to Drop Gambling Links - BusinessWorld Online
57% Left coverage: 7 sources
Taxes · PhilippinesTHE BUREAU of Internal Revenue (BIR) on Wednesday filed 75 criminal complaints before the Department of Justice (DOJ) against people and businesses involved in the illegal trade of vaporized nicotine and non-nicotine products or vape. The cases represent a total tax liability of P711.3 million, it said in an e-mailed statement. “This is a nationwide filing,” Internal Revenue Commissioner Romeo D. Lumagui, Jr. Said. “Revenue regions from Luzon, V…See the Story
BIR Files Cases vs Vape Sellers - BusinessWorld Online
67% Left coverage: 3 sources
Senate · Philippines“They have been sidelined for too long. It is now time to give them a seat at the table.” This is according to Senate President Chiz Escudero, who recommended to Senator Win Gatchalian, chair of the Committee on Finance, that governors and city mayors be invited to actively take part in the Senate public hearings on the proposed 2026 national spending package, a break from long-standing practice that excluded them from the legislative crafting o…See the Story
