![“We need faster and stronger systems for collaboration if we are to beat tax evasion and illicit transactions. This [Crypto-Asset Reporting Framework] is a timely commitment as digital currency becomes one of the preferred means for transactions,” says Finance Secretary Ralph Recto. GMA INTEGRATED NEWS FILE PHOTO](https://www.panaynews.net/wp-content/uploads/2025/06/crypto-assets-copy-218x150.jpg "PH to implement crypto-assets reporting framework")
PH to implement crypto-assets reporting framework
THE Department of Finance (DOF) on Wednesday, June 18, said the Philippines is committing to implement a framework on reporting crypto-assets in a bid...
BCDA remits P5.17 billion to National Treasury in 2024
THE Bases Conversion and Development Authority (BCDA) remitted P5.17 billion to the National Treasury in 2024, Finance Secretary Ralph Recto said.
The Department of Finance...
Gov’t gears up to mitigate impact of global oil price surge
THE Department of Energy (DOE) has assured that the government will implement proactive and targeted measures to mitigate impact of surging global oil prices...
PH moves up to 51st spot in global competitiveness ranking
THE Philippines’ competitiveness ranking rose one notch this year amid improvements in economic performance and infrastructure, according to a report by the Switzerland-based Institute...
Israel-Iran conflict seen unlikely to derail BSP rate cut
THE ongoing Israel-Iran conflict would unlikely delay the widely expected interest rate cut of the Bangko Sentral ng Pilipinas (BSP) this week, although the...
SEC revokes registration of more than 400 lending companies
THE Securities and Exchange Commission (SEC) has revoked the corporate registration and secondary license of some 400 lending companies in the Philippines.
The licenses, according...
Telecom operators call for review of Konektadong Pinoy Act
THE Philippine Chamber of Telecommunications Operators (PCTO), composed of the country’s leading telcos, is calling for a review of the Konektadong Pinoy Act that...
OFW remittances up by 4% in April
MONEY sent home by overseas Filipinos reached USD2.66 billion in April this year, up by 4 percent from the USD2.56 billion in April last...
SIPC’s timeless philanthropy, education-based CSR; Outstanding elementary, high school graduates in Dingle honored
AMID rising economic challenges faced by Filipino families, SPC Island Power Corporation (SIPC) continues to make a lasting impact through its enduring support for...
DOTr eyes privatization of 10 more airports by 2028
THE Department of Transportation (DOTr) said it was aiming to privatize 10 more regional and tourist airports in the Philippines over the next few...