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...
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 . π 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 . π« Training Details: Who, When, and Where? Four training batches will be rolled out to equip teachers from identified pilot schools across the country: π
May 25–28, 2025 (...