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Japanese apprehended at Naia for failing to declare 53 million Yen

NAIA terminal 3. FILE PHOTO

A Japanese national was intercepted at the Ninoy Aquino International Airport (NAIA) for failing to declare that he was carrying 53-million Yen, equivalent to about P21 million, upon his arrival in Manila from Tokyo, Japan, late Tuesday night.

Posted: February 19th, 2014 in Latest Global Nation Stories | Read More »

BSP opens currency exchange facility for OFWs with Syrian pound


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 »

Stop gold tax, BIR urged

AP file photo

Four lawmakers are urging the Bureau of Internal Revenue (BIR) to suspend the tax on gold as it has drastically reduced the volume of the metal sold by small-scale producers to the Bangko Sentral ng Pilipinas (BSP).

Posted: November 12th, 2012 in Banner Story,Features,Headlines,Latest Global Nation Stories,Philippines | Read More »

Japan-bound Filipino held at Naia for non-declaration of yen, pesos


Airport authorities on Friday intercepted a Filipino woman who allegedly tried to bring out of the country some 3.6 million yen and around P300,000 she had not declared to the Bureau of Customs, in violation of central bank rules.

Posted: June 9th, 2012 in Latest Global Nation Stories | Read More »

More PH families investing OFW money, BSP says


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 »