EMBASSY OF THE REPUBLIC
OF THE PHILIPPINES


SEOUL REPUBLIC OF KOREA

Announcements And Advisories

ADVISORY ON PAYSMART LIMITED PHILIPPINES


The Philippine Embassy in Seoul hereby informs the public of an investigation being conducted by the Securities and Exchange Commission of the Philippines (SEC) on PAYSMART LIMITED PHILIPPINES or "PAYSMART" for possible violation of the Securities Regulation Code.

According to the SEC, PAYSMART is not registered as a corporate or partnership and is not authorized to solicit investments from the public since the company did not secure prior registration and/or license to solicit investments from the SEC as prescribed under Section 8 of the Securities Regulation Code.

PAYSMART is allegedly offering to the public a 30% Return of Investment (ROI) in just 15 days or 60% ROI in 60 days with a minimum investment of USD23 and a maximum of USD9,000. PAYSMART allegedly entices Overseas Filipino Workers to invest in this type of investment scheme.

The Embassy hereby warns the public against engaging in any financial transactions with PAYSMART and reiterates to the public to exercise caution when investing their money especially in dubious schemes that promise huge profits in a very short period of time.

For more information on the matter, you may view SEC's Advisory dated 19 June 2018 at: https://www.sec.gov.ph/paysmart-limited-philippines/

Other Announcements And Advisories


June 15, 2025
Special Vocal Workshop with the Nightingales, 22 June 2025 at the 2F Sentro Rizal, Philippine Embassy in Seoul

As part of the activities for Philippine Independence Month, the Philippine Embassy in Seoul in cooperation with the National Commission on Culture and the Arts (NCCA) invites interested individuals to a Special Vocal Workshop to be conducted by the renowned performing duo “The Nightingales” from the Philippines. The Nightingales are composed of Ms. Bernadette Mamauag and Ms. Katrina Marie Saga, who are members of the Philippine Madrigal Singers Company of Artists. The Nightingales have performed extensively in the Philippines and many other parts of the world with a varied repertoire ranging from classical, sacred, Filipino, contemporary and pop, and world music. The duo will be sharing vocal and performance techniques at this activity, further expanding the mission of the Philippine Madrigal Singers of a "Singing Philippines". See you there! 

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June 08, 2025
ANNOUNCEMENT ON THE NEW PHILIPPINE VISA POLICY FOR INDIAN NATIONALS

The Philippine Embassy in Seoul informs the public on the implementation of the following visa policies applicable to Indian nationals starting 08 June 2025:

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June 03, 2025
Livelihood Skills Trainings at Health & Wellness Programs, July-December 2025

Muling inaanyayahan ng Embahada, MWO, at OWWA, ang mga Filipino na nagtatrabaho at naninirahan sa South Korea na makilahok sa pagpapatuloy ng Livelihood Skills Trainings at Health & Wellness Programs simula buwan ng Hulyo taong 2025!

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