Philippine News

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Jul 8, 2021

‘Weak peso, easing prices may force BSP to hike rates’

MANILA, Philippines — Bank of the Philippine Islands (BPI) is not discounting the possibility of monetary adjustments in the coming...

Jul 1, 2021

How to save money: 11 Super simple money saving tips

The double whammy of flat wages growth and rising living costs, most notably housing, has made saving money more difficult than ever for...

Jun 17, 2021

IMF lowers PH growth forecast

The International Monetary Fund (IMF) has cut its 2021 GDP growth projection to 5.4 percent from 6.9 percent citing the slow recovering...

May 27, 2021

BTr to raise P215 billion from bond market

MANILA, Philippines — The Bureau of the Treasury (BTr) is raising P215 billion from the bond market in June to take advantage of the...

Apr 29, 2021

$541M net ‘hot money’ exited Philippines in March —BSP

Foreign portfolio investments or “hot money” in the Philippines posted a wider net outflow in March due to investors reaction to various...

Apr 29, 2021

Dreams

Dreams can be entertaining, disturbing, or downright bizarre. We all dream, even if we don't remember it the next day. But why do we...

Apr 15, 2021

Peso may weaken further vs dollar

MANILA, Philippines — The peso may weaken further over the next two years on the back of weak domestic growth, as well as the rising US...

Mar 18, 2021

Budget deficit hits P14.1 billion in January

MANILA, Philippines — The national government continued to incur a budget shortfall in January as spending outpaced revenue collections...

Feb 10, 2021

Banks to hike inter-bank ATM fees starting April

Inter-bank automated teller machine (ATM) fees are set to increase beginning April as banks are adopting an “acquirer-based ATM fee...

Feb 3, 2021

BOP surplus hits record-high $16 billion

MANILA, Philippines — The country’s surplus of dollars more than doubled to an all-time high of $16.02 billion last year on the back of...

Jan 21, 2021

Bank of the Philippine Islands to merge with BPI Family Savings Bank

Ayala-led Bank of the Philippine Islands on Wednesday announced plans to merge with its wholly-owned thrift bank subsidiary BPI Family...

Jan 7, 2021

‘Philippines last to recover in Asia’

MANILA, Philippines — The Philippines is likely to be the last country in Asia-Pacific to fully recover from the pandemic-induced...

Dec 10, 2020

Simple money skills to master amid the pandemic

Keeping our finances in order is a must whether we are single or have a family to support. This may be a difficult task, most especially...

Dec 3, 2020

BIR beats lowered collection target for 2020

MANILA, Philippines — The Bureau of Internal Revenue (BIR) surpassed its watered down goal for 2020 in November, although collections...

Nov 26, 2020

Say yes! to success through personal finance

If someone asks you how you are managing your money, what would you answer be? Everyone has different priorities when it comes to their...

Nov 20, 2020

Ulysses-hit Pag-IBIG members can tap calamity loan of up to 80% of their savings

The Home Development Mutual Fund or Pag-IBIG Fund on Friday said its members who are recently struck by the onslaught of Typhoon Ulysses...

Nov 12, 2020

BPI 9-month net income slips 22.1% on higher loan loss buffering

Ayala-led financial giant Bank of the Philippine Islands (BPI) saw a double-digit decline in its first nine months of 2020 bottom line,...

Oct 27, 2020

MoneyGram, PayMaya partner for real-time US to PHL money transfers via Visa Direct

Global payments and money transfers service provider MoneyGram International on Thursday announced its partnership with mobile wallet...

Oct 16, 2020

Remittances shrink by 2.6% in 8 months

MANILA, Philippines — Remittances from overseas Filipino workers (OFWs) contracted by 2.6 percent to $21.41 billion from January to...

Oct 1, 2020

GSIS to launch low-interest loan facility with enhanced consolidation feature on Oct. 1

The Government Service Insurance System (GSIS) said Wednesday it will be launching next month a low-interest loan program with an...

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