Page 4 - Patrick Roque News Today

The Bureau of Internal Revenue, headed by Commissioner Romeo D. Lumagui Jr., filed 69 criminal cases for tax evasion with the Department of Justice earlier today, May 25, 2023. These cases were filed against illicit cigarette traders who were caught after the first nationwide raid conducted by the BIR last…

A judge determined that while Nicholas Weber had made “offensive and vulgar statements” against the family, the incident remained a “general intent crime”

WITH inflation to have slightly cooled in February, local and international think tanks believe the Bangko Sentral ng Pilipinas (BSP) will raise interest rates by only 25 basis points (bps) on Thursday. The First Metro Investment Corp.-University of Asia and the Pacific (FMIC-UA&P) Capital Markets Research believes the increase in…

HOT money inflows surged in January on the back of investments in the Philippine Stock Exchange (PSE)-listed as well as government securities, according to the Bangko Sentral ng Pilipinas (BSP). Data from the BSP showed that net hot money inflows reached $292.12 million, a 214.1-percent growth from December 2022 and…

THE country’s balance of payments (BOP) position improved and posted a surplus for the first time in nine months, according to the Bangko Sentral ng Pilipinas (BSP). The country posted a BOP surplus of $3.1 billion in January 2023, a reversal from the $102-million BOP deficit recorded in the same…

WITH the higher-than-expected inflation in January and the recovery of consumption spending, the Bangko Sentral ng Pilipinas (BSP) said it is possible for monetary authorities to further raise interest rates in the Monetary Board’s succeeding meetings. On Thursday, the MB increased the BSP’s overnight reverse repurchase facility by 50 basis…

THE Bangko Sentral ng Pilipinas (BSP) is expected to be aggressive in increasing interest rates this week on the back of the 8.7-percent inflation rate recorded in January 2023, according to Moody’s Analytics. The think tank expects the BSP to raise interest rates by 50 basis points in its meeting…

MANILA — Philippine's central bank is ready use the "full force" of monetary policy measures to combat inflation and support the peso currency after the

State auditors in a 2021 report flagged the Office of the Vice President under former vice president Leni Robredo for hiring a private legal counsel. The

Philippine Canadian Inquirer PH hosts Asean forum exercise vs. biological incidents