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December 31 New Year's Eve: Bisperas ng Bagong Taon (Last Day of the Year/Eve of the new Year) Fixed Special working This holiday, which marks the conclusion of the civil year, is between two regular holidays, Rizal Day, and New Year's Day. This holiday is a special non-working day every December 31. E.O. No. 292 [18]
On August 18, 2016, the government announced at least 19 Philippine holidays for 2017 as declared by virtue of Proclamation No. 50, series of 2016. Note that in the list, holidays in italics are "special non-working holidays," those in bold are "regular holidays," and those in non-italics and non-bold are "special holidays for schools."
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On 7 December 2017, Bank Indonesia, the country's central bank, issued a regulation banning the use of cryptocurrencies including bitcoin as payment tools starting 1 January 2018. [14] On 11 November 2021, Indonesian Ulema Council issued haram fatwa against use of cryptocurrencies as currency including Bitcoin, citing both Islamic laws and ...
It was the first government bank in the Philippines and the third Philippine bank during the Spanish era. One of the founders and primary shareholders at that time was José Joaquín de Ynchausti of Ynchausti y Cía, a prominent Philippine multi-national conglomerate who also founded Tanduay Distillery and built the Puente Colgante. José was ...
The Philippine National Bank was established as a government-owned banking institution on July 22, 1916. Its primary mandate was to provide financial services to Philippine industry and agriculture and support the government's economic development effort. World War I, then raging in Europe, generated huge demand for the country's major exports ...
The Empire of Japan invaded the Philippines in December 1941 during World War II, [124] and the Second Philippine Republic was established as a puppet state governed by Jose P. Laurel. [125] [126] Beginning in 1942, the Japanese occupation of the Philippines was opposed by large-scale underground guerrilla activity.
August 8, 2024 at 1:46 AM. MANILA (Reuters) - The Philippines' central bank lifted on Thursday a moratorium on establishing digital banks to promote financial inclusion and digital transformation ...