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With the costs of living affecting everyone right now, it’s understandable that you may want to dip into your investments. But before you do, here’s what to think about when taking money out of your investment portfolio. ....
MANILA - A bank executive cited close coordination between the government and the private sector for the wider use of electronic invoicing (e-invoicing), noting that this will result to more successful shift towards digital payments. Ramon Duarte, Union Bank of the Philippines (Unionbank) Executive Vice President and head of Transaction Banking and Platform Development, said the bank, along with other financial institutions, is working with the government regarding digital receipts issuance. He said while processes, payments, and financing platforms have shifted towards digital means, the issuance of paper receipts is still required. This "introduces a lot of friction" and "produces a lot of issues," he said. "That's one reason why customers also still resist moving to these electronic payments because they want kaliwaan (direct exchange of goods or money) so that they can make sure that they will get their resibo (receipt)," he added. The Department o ....
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