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BIR seeks IRS help in finding Napoles assets in United States

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BIR Commissioner Kim Henares. INQUIRER FILE PHOTO

The Bureau of Internal Revenue expects its American counterpart — the Internal Revenue Service — to help find any assets that Janet Lim Napoles and her family may have in the United States.

Posted: October 10th, 2013 in Latest Global Nation Stories | Read More »

PH on target in MDG on water, sanitation

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SUDDEN SUMMER RAIN Children frolic on a flooded street in Manila on Friday, following a sudden downpour that ironically occurred as the weather bureau declared the onset of summer this week. The thunderstorm was caused by the convergence of winds from the Pacific and the northeast. It was quite a timely reminder that the world was marking World Water Day. AP/BULLIT MARQUEZ

The Philippines is poised to hit its 2015 Millennium Development Goal (MDG) on water and sanitation, according to the National Statistical Coordination Board (NSCB).

Posted: September 21st, 2013 in Features,Latest Global Nation Stories,Philippines | Read More »

PH removed from France’s blacklist of tax havens

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Finance Secretary Cesar Purisima. INQUIRER FILE PHOTO

The Philippines has been taken off the French government’s blacklist of non-cooperative countries with respect to tax evasion and money laundering.

Posted: August 31st, 2013 in Latest Global Nation Stories | Read More »

Japan to extend tech assistance for Bangsamoro formation

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MILF chief negotiator Mohagher Iqbal. FILE PHOTO

The Japanese government, through the Japan International Cooperation Agency, has agreed to take on a major role in helping form the Bangsamoro government that is hoped to bring sustainable peace and development in Mindanao and is targeted to be operational by 2016.

Posted: July 23rd, 2013 in Latest Global Nation Stories | Read More »

FATF insists casinos must report dealings

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fatf

The Financial Action Task Force (FATF) wants the Philippines to amend anew its recently enhanced law against money laundering, insisting that casinos should be included on the list of entities required to report suspicious transactions to regulators.

Posted: February 24th, 2013 in Features,Latest Global Nation Stories,Philippines | Read More »

Int’l body wants more teeth in PH anti-money laundering law

By
fatf

The international Financial Action Task Force (FATF) wants the Philippines to amend anew its recently enhanced law against money laundering, insisting that casinos be included on the list of entities required to report suspicious transactions to regulators.

Posted: February 23rd, 2013 in Latest Global Nation Stories | Read More »

BSP opens currency exchange facility for OFWs with Syrian pound

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FILE PHOTO

The Bangko Sentral ng Pilipinas has opened a currency exchange facility for the Syrian pound to service the foreign-exchange needs of overseas Filipino workers returning from conflict-torn Syria.

Posted: January 16th, 2013 in Latest Global Nation Stories,Middle East & Africa,Philippines | Read More »

Philippines likely to get 4.5M tourist arrivals in 2012—DoT

By
Tourism Secretary Ramon Jimenez Jr. RYAN LEAGOGO/INQUIRER.net

The Department of Tourism (DoT) has expressed confidence that the number of foreign visitors to the country will hit at least 4.5 million this year, based on the tourist arrivals in the first half.

Posted: September 17th, 2012 in Features,Latest Global Nation Stories,Philippines,Photos & Videos | Read More »

More PH families investing OFW money, BSP says

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The number of Filipino households investing a portion of the money they receive from loved ones based abroad is steadily increasing, according to the Bangko Sentral ng Pilipinas.

Posted: April 1st, 2012 in Latest Global Nation Stories | Read More »

Philippines breaks longest line of coins with 73 kms

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Volunteers arrange coins during an attempt to break the world record of the longest line of coins at the Quirino Grandstand in Manila on Thursday, as part of BAngko Sentral ng Pilipinas’ project dubbed, the "power of small change". NIÑO JESUS ORBETA/INQUIRER

The Philippines believes it has broken the Guinness World Record for having laid out the longest line of coins of the same denomination Thursdday, when it completed a 73.02-kilometer line of 25-centavo coins.

Posted: December 2nd, 2011 in Latest Global Nation Stories | Read More »

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