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BSP Guidelines on Cross-Border Currency Transfers

BSP Guidelines on Cross-Border Currency Transfers The Bangko Sentral ng Pilipinas (BSP) has issued clear guidelines to regulate cross-border transfers of local and foreign currencies. These rules aim to strike a balance between facilitating legitimate transactions and preventing illicit activities. Let’s delve into the specifics: 1. Transfer of Legal Tender Philippine Currency (PHP) Limit : Individuals are allowed to freely bring into or out of the Philippines, or electronically transfer, legal tender Philippine currency up to  PHP50,000 . Exceeding the Limit : Amounts exceeding the PHP50,000 limit require: Prior Authorization : Individuals must obtain prior written authorization from the BSP. Physical Transfer : In the case of physical cross-border transfer of Philippine currency, the entire amount brought into or out of the Philippines must be declared using the prescribed  Currencies Declaration Form (CDF) . 2. Transfer of Foreign Currency and Foreign Currency-Denominated I...

πŸ”— These Are the Links for the Strengthened SHS Curriculum Training 2025 πŸ“˜

In preparation for the phased rollout of the Strengthened Senior High School (SHS) Curriculum , the Department of Education (DepEd) has launched a vital initiative for selected educators nationwide. The National Educators Academy of the Philippines (NEAP) , together with the Curriculum and Teaching (CT) Strand , is spearheading face-to-face and online training programs for teachers handling both Core Subjects and Technical-Vocational-Livelihood (TechVoc) specializations . πŸ” What is the Strengthened SHS Curriculum? The Strengthened SHS Curriculum is a restructured program aimed at enhancing the quality of instruction in Grades 11 and 12 by updating content, aligning with current industry standards, and deepening academic rigor. This move supports DepEd’s thrust towards a future-ready education system . 🏫 Training Details: Who, When, and Where? Four training batches will be rolled out to equip teachers from identified pilot schools across the country: πŸ“… May 25–28, 2025 (...

✨ Ready for Back-to-School 2025: DepEd Gears Up with Oplan Balik Eskwela 🚸

As the school year 2025-2026 draws near, the Department of Education (DepEd) has once again activated the highly anticipated Oplan Balik Eskwela (OBE) 2025 , a nationwide initiative aimed at ensuring a smooth and safe school opening for all learners. Running from June 9 to 20, 2025 , this extensive campaign reinforces the Department’s commitment to addressing common issues encountered during school opening while fostering coordination among various stakeholders. πŸ”„πŸš¦ A Holistic Approach to the School Year Kickoff Unlike previous years, this edition of Oplan Balik Eskwela 2025 places stronger emphasis on inter-agency collaboration , reflecting a more unified and strategic approach. While the core goals remain consistent—addressing enrollment issues, ensuring school readiness, and providing public assistance—the 2025 rollout expands its reach and functionality through deeper engagement with government agencies , local stakeholders , and community partners . Under the umbrella of D...

πŸ“š DepEd’s New Teaching Posts: A Giant Leap Toward Quality Education Nationwide πŸŽ“

The Department of Education (DepEd) recently celebrated a significant milestone in the education sector: the establishment of 16,000 new teaching positions across the country. This initiative marks a major step in addressing teacher shortages and improving the quality of instruction in public schools, especially in densely populated and underserved regions. In Western Visayas , which includes Panay and Guimaras Islands , this development is being met with optimism and relief. According to DepEd Region 6 Information Officer Hernani Escullar Jr. , this expansion will "significantly support our schools and advance the department’s mission of delivering quality basic education .” 🏫 A Much-Needed Boost for the Teaching Workforce in Region 6 With over 40,000 public school teachers currently serving in Western Visayas, the strain on educators has been a long-standing concern. Many instructors have been juggling multiple subjects or teaching outside of their area of expertise due to t...

πŸ“šThe Urgent Call for More Teachers in the Philippines: A Growing Crisis in Basic Education

The Department of Education (DepEd) is currently grappling with a critical shortage of 30,000 teachers nationwide — a figure that raises deep concerns about the future of quality education in the country. Despite recent interventions from the Department of Budget and Management (DBM) , the teacher gap remains a major hurdle in achieving inclusive and effective learning for all Filipino students. πŸ§‘‍πŸ«πŸ“‰ Teacher Shortage Still Looms Despite New Hires The public school system in the Philippines continues to suffer from a chronic shortage of teaching staff , especially in remote and underserved areas. According to DepEd, even with the DBM's recent approval of 16,000 new teaching positions , the demand for educators across all levels of education still outweighs the supply. The current shortfall stems from a larger backlog: DepEd originally estimated a total deficit of 56,000 teachers . Although the government has already allocated 22,000 new teachers for 2024 and plans to assig...

πŸŽ“ Over 800 Schools Gear Up for Pilot Test of the Revised SHS Curriculum: A Major Leap for Philippine Education πŸš€

The Department of Education (DepEd) is taking a bold step toward improving the Senior High School (SHS) program as over 800 schools nationwide prepare to participate in the pilot run of the revised SHS curriculum for the upcoming School Year 2025–2026 . This educational reform effort underscores the government’s commitment to refining academic pathways for Filipino students and aligning learning outcomes with global standards. πŸ“˜ What’s New with the SHS Curriculum? ✨ The revised SHS curriculum marks a significant update to the existing basic education program . Unlike previous adjustments, this revamp is rooted in comprehensive consultations, sectoral feedback, and policy analysis. According to DepEd Undersecretary Wilfredo Cabral , an initial set of 727 schools was fully equipped to join the pilot phase. However, the number rose to 841 schools after incorporating moderately ready institutions, especially from the private and rural sectors . This strategic inclusion means t...

πŸ“š 🚨 The Hidden Crisis in Philippine Education: Millions Graduate Without Understanding What They Read 🚨

In 2024, a disturbing revelation emerged from the Philippine Statistics Authority (PSA) : 5.58 million high school graduates in the Philippines—many of whom finished junior or senior high school — lack basic comprehension skills . While they can read and write, they cannot grasp the meaning of what they read. This issue is more than a statistic; it's a signal of a deeper problem within the country’s educational system . πŸ“‰ Unmasking Functional Illiteracy in High School Graduates While the word “graduate” typically suggests someone is equipped with adequate academic skills, the PSA’s findings paint a different picture. These 5.58 million Filipinos , aged 10 to 64, have received diplomas but remain functionally illiterate —they struggle with reading comprehension , even if they can recognize words and write them down. Functional illiteracy is not about the inability to read letters or form words. It’s about the inability to understand and use information. These individuals ca...

🚫 No, There’s No Grade 13: DepEd Slams Misleading Post About New Senior High Level

🚨 Debunking the Myth: DepEd Clarifies “Grade 13” Is Not Part of K to 12 A misleading viral post made waves online this May, claiming that the Department of Education (DepEd) is set to roll out a Grade 13 level in senior high school beginning school year 2025–2026 . The post, which appeared alongside official-looking logos from DepEd and the Commission on Higher Education (CHED) , has since been deleted — but not before it sowed confusion and concern among Filipino parents and students. In a strong and immediate response on May 18, DepEd officially declared the post as “fake news” , urging the public to stay vigilant against misinformation and only rely on verified channels for education-related updates. πŸ›‘ The Fake Grade 13 Announcement: How It Spread The deceptive graphic first surfaced through a Facebook page created on the same day of posting — a tactic frequently used by misinformation peddlers. It featured alarming language urging readers to share and read about th...