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Category: Asenso Pinas

Foreign Tourists Rejoice! PH Now VAT-Free for Visitors

Foreign tourists visiting the Philippines now have an exciting reason to shop more! On Monday, government officials signed the official rules and regulations for the VAT Refund for Non-Resident Tourists, allowing foreign visitors to claim a refund on value-added tax (VAT) for goods purchased from accredited stores. Who Can Get a VAT Refund? Under Republic […]
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PSE Hits ₱1.2B Profit in 2024—Here’s What It Means

The Philippine Stock Exchange (PSE) has just reported a massive 57.5% increase in profits for 2024, reaching ₱1.21 billion—a big jump from ₱766.31 million in 2023! 🚀 📊 What Led to This Huge Profit Growth? While PSE’s operating revenues remained steady at ₱1.40 billion, its expenses went up by 14.9% to ₱861.67 million due to:✅ […]
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PH Creative Economy Soars to ₱1.94T in 2024 – Up 8.7%!

The Philippines’ creative industries made a massive impact in 2024, contributing an impressive ₱1.94 trillion to the national economy, according to the latest data from the Philippine Statistics Authority (PSA). This marks an 8.7% jump from ₱1.78 trillion in 2023, proving that creativity isn’t just about art—it’s big business! How Creative Industries Power the Economy […]
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Philippine Peso Exchange Rates: March 21, 2025

Manila, Philippines – The Bangko Sentral ng Pilipinas (BSP) has released its latest reference exchange rate bulletin for March 21, 2025, detailing the exchange rates of various global currencies against the Philippine Peso (PHP). The data provides valuable insight into the forex market trends that impact both international trade and overseas remittances. Key Exchange Rates […]
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DoubleDragon Gives ₱18.2M to Help Workers Get SSS Benefits

In a major boost for informal sector workers, DoubleDragon Corp. has pledged ₱18.2 million to fully cover 12 months of Social Security System (SSS) contributions for 2,000 workers in Iloilo and Roxas City. The SSS announced this initiative over the weekend, highlighting DoubleDragon’s commitment to helping self-employed individuals, land-based OFWs, and voluntary SSS members secure […]
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Good News! Fish Prices to Stay Steady This Summer 2025

The Bureau of Fisheries and Aquatic Resources (BFAR) has some good news for Filipino households—fish prices are expected to remain stable this summer! Why Fish Supply Will Be Steady According to BFAR spokesperson Nazario Briguera, summer is a great season for fishing. “Kapag summer, maganda ang huli ng ating mga mangingisda,” he shared in an […]
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Zelenskiy Stands Firm: "I Won’t Sell Ukraine for Minerals! - Pinas Times
Zelenskiy Stands Firm: "I Won’t Sell Ukraine for Minerals! - Pinas Times
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