Paypal is one of the most common and widely online payment payment system. Entrepreneurs, more often than not, apply for Merchant Accounts to get the added features not available to personal accounts, and both buyers and suppliers somehow trust those with merchant accounts better than those with personal accounts. A merchant account would get more [...]

A new payment system that will replace the present “fee for service” scheme in reimbursing hospitals will be adopted by the Philippine Health Insurance Corp. (Philhealth) and hopes to implement it next month.
The Philhealth plans to adopt a new system called the “case payment” system which will have fixed rates for medical services and surgical [...]

President Benigno “Noynoy” Aquino III is not keen on new taxes just to increase the income of the government, instead he said that existing tax exemptions or incentives should be reviewed. Aquino said that rationalization plan for fiscal incentives is being discussed and stressed that the government would continue on its efforts to increase revenues [...]

The Social Security System (SSS) reported that its benefit payments for 2010 has increased by 7% to P77.17 billion, with the bulk of the payment going to retirement claims and death benefits. SSS president and chief executive officer (CEO) Emilio de Quiros Jr. said in a statement that the state-run agency paid P38.23 million to [...]

The country’s telecommunications pioneer that provides landline, data, Internet and broadband services Eastern Communications, announced that it has received the International Organization for Standardization ISO 9001:2008 certification for its quality management system.

The Department of Transportation and Communications (DOTC) sent invitations to qualified parties to submit an expression of interest for the interim contract (4+1 years) of the operations and maintenance of Light Rail Transit (LRT) 1 and Metro Rail Transit (MRT) 3 system.

The Bangko Sentral ng Pilipinas (BSP) said that despite the closure of Banco Filipino Savings and Mortgage Bank last week, the country’s banking industry remains sound and stable. BSP Governor Amando M. Tetangco Jr. said they have not monitored any negative impact on the banking industry sine Banco Filipino was ordered closed by the Monetary [...]

There was a time when desktop printing business was a very profitable option. Invitations were printed almost everyday. It is still a good business now, actually. Especially with the availability of the continuous ink system or CIS which makes the cost of printing much cheaper.
You can accept printing of wedding invitations, programs, and flyers if [...]

From the usual two days processing time, the amount of time spent in registering a business name has been cut to only 15 minutes because of the enhanced Electronic Business Name Registration System (eBNRS).
Trade Secretary Gregorio Domingo said, “The entire transaction will only take around 15 minutes. The actual processing takes only three minutes and [...]

It’s called BOSS, short for business one-stop shop, an initiative by the Quezon City Government that aims to lessen the burden of businessmen when securing business permit. Launched last Friday, officer-in-charge for the Business Permit and Licensing Office Pacifico F. Maghacot, Jr. said they are expecting to have at least 12,000 new businesses within the [...]

A lower fees in their remittances will be enjoyed by overseas Filipino workers (OFWs) and their beneficiaries starting on the third quarter of the year. According to the Bangko Sentral ng Pilipinas (BSP), this will materialize once the the Philippine Payments and Settlements System (Philpass) Remit System becomes fully operational.
Remittances sent through the Philpass Remit [...]

Website Security Testing and the Importance of a Daily Website Security Audit
Living in a bad neighborhood, it’s important to know where you can safely get a nice meal and a drink, as well as the back alley places you should avoid because gunshot wounds tend to be unhealthy. Websites are the same way. You don’t [...]

Total collections reaching an amount of P127.74 million have been gathered by the Social Security System (SSS) from overdue contributions from delinquent employers.
The state-owned pension fund for private employees was able to collect the said amount under an amnesty program offered by the agency to delinquent employers, in order to help workers regain access to [...]

The new appointment system at the new consular building of the Department of Foreign Affairs (DFA) is in full swing after it was launched last March 9.  The agency said around 55% of people who apply for passport daily have used the system which allow them to complete the process of applying for their passport [...]

The University of the Philippines (UP) recognized the works of its 27 artists and art scholars who brought honors to the UP and have contributed to the national development. They were elevated to the rank of UP Artist last month in an awarding ceremony held at the Executive House in UP Diliman.
The university established UP [...]

The Laguna Lake Development Authority (LLDA) was awarded Asiawide Refreshments Corp. (ARC), the licensed manufacturer and distributor of RC, the blue rating award. The recognition given to the company for its successful compliance with the environmental standards set by the LLDA.
The blue rating award is a system used by LLDA to monitor the environmental performance [...]

The Globe Telecom’s mobile commerce subsidiary G-Xchange (GXI) request of using its parent’s sub-distribution as GCash outlets has been approved by the Bangko Sentral ng Pilipinas (BSP), which brings the number of GCash remittance outlets to over 18,000 making it the largest remittance network in the Philippines.

The Government Service Insurance System (GSIS) has entered into a conditional sale agreement with the Hong Kong-based First Pacific Company (FPC), which is represented by its local affiliate Two Rivers Pacific Holdings Corporation. The deal will see First Pacific buying approximately 5.9 percent interests of GSIS in Philex Mining Corporation for P6.02 billion.

A new identification system which is said to help facilitate people’s transactions with government agencies is being planned as the Social Security System (SSS) and the Philippine Postal Corp. (Philpost), tied up together for the implementation of the said ID system.

The Government Service Insurance System (GSIS) reminded the all government offices of the requirements for those who wants to avail of early retirement to ensure the delivery of their benefits, the first one of those requirements being that the availment should be submitted at 60 days prior to their preferred retirement date.