BPI launches ePayroll, simplifying processing for businesses and employees
The Bank of the Philippine Islands (BPI), led by the Ayala Group, has unveiled its new digital payroll solution, ePayroll, designed to streamline payroll management for businesses while enhancing employee onboarding. The system, integrated into BPI’s corporate banking platform, BPI BizLink, is set to simplify payroll processing, allowing businesses to onboard employees and disburse salaries with ease and efficiency.
Strong demand drives down T-bill rates
Strong demand for Treasury bills (T-bills) at Monday’s auction led to a drop in average rates for shorter-dated securities while keeping the yield on one-year paper stable. The Bureau of the Treasury received tenders worth ₱90.6 billion for the ₱22 billion in bills offered, a sign of robust investor appetite.
DOTr terminates OTS staff over alleged ‘Tanim-Bala’ incident at NAIA
The Department of Transportation (DOTr) has dismissed three personnel from the Office of Transportation Security (OTS) over their alleged involvement in the "tanim-bala" or bullet-planting incident at the Ninoy Aquino International Airport (NAIA) on 6 March.
Groundbreaking ICT programs reshape telecom and government services
The Department of Information and Communications Technology (DICT) has made significant strides in the country's digital transformation, marked by initiatives championed by former Secretary Ivan John Uy. His efforts, particularly in digital identity, e-governance, and broadband infrastructure, have left a lasting impact on the country's ICT landscape.
Fuel prices drop amid economic concerns
The various fuel retailers have implemented another round of price cuts for all petroleum products, effective today. This marks the second consecutive week of price cuts, highlighting ongoing concerns about the potential slowdown in global economic growth.
