MANILA, Philippines — The new law ending tax breaks on long-term time deposits has triggered a “dramatic” exodus from those savings products, leaving banks and policymakers to wonder where the cash will flow next.
Michael Angelo Kho Samson, who chairs the capital markets development committee of the Bankers Association of the Philippines, said member-banks had
https://business.inquirer.net/549243/new-tax-law-spurs-dramatic-retreat-from-long-term-bank-savings
Beard delivered back-to-back Women’s Super League titles with the Reds in 2013 and 2014, with the club saying they are ‘shocked and saddened’ to learn of his passing.
SKODA has expanded its flagship SUV range with the launch of a new entry-level variant, the Kodiaq Lounge.
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) ordered banks to limit over-the-counter cash withdrawals to P500,000 a day. This is part of efforts to reduce money laundering risks tied to large-value transactions. This developed as the BSP investigated bank accounts linked to individuals accused of anomalies in government flood control projects. The central