The Department of Finance clarifies that the 20% tax under the Capital Markets Efficiency Promotion Act (CMEPA) applies only ...

Diversifying the IRA is another key role of Bonds. Because they tend to perform differently from equities, including Bonds in your IRA can help protect your retirement savings in the event of a stock ...

THE Department of Finance (DOF) has pushed back against claims that the Capital Markets Efficiency Promotion Act (Cmepa) had ...

The Department of Finance clarifies that the 20% tax under CMEPA applies only to bank interest income, not to savings. The reform aims to fix unfair tax breaks for the wealthy and streamline ...

The Department of Finance (DOF) said Thursday the recently enacted Capital Markets Efficiency Promotion Act (CMEPA) does not ...

The surge in US debt default risks has sharply driven up its bond yields. In May, the yield on 30-year US Treasury bonds ...

Banks this month started to implement the uniform 20% final withholding tax (FWT) on interest income, regardless of the term ...

The Department of Finance (DOF) on Thursday clarified that the Capital Markets Efficiency Promotion Act (CMEPA) does not impose a new tax but standardizes the tax rate on interest income to correct an ...

The DLT Pilot Regime, introduced by the EU in 2023, provides a regulatory framework for market infrastructures using distributed ledger technology. It permits specific exemptions, allowing approved ...

Make the most of the whole day to create career goals or devise a financial plan to reduce expenditures. Do not take drastic actions that are not backed by reason and logic. Financially, this is the ...

Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported a net loss of $6.5 million, or $1.35 per share, for the ...

Common procurement refers to the practice where two or more member states jointly purchase goods or services to achieve: ...