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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...
Sep 24, 2020
Stocks close flat again
The local stock market was flat again Wednesday as investors lack reason to aggressively buy or sell stocks amid so much uncertainty....
Sep 10, 2020
World Bank: Agriculture transformation essential to Philippine economic recovery
MANILA, Philippines — The transformation of the local agriculture industry, anchored on the shift away from specific crops and toward a...
Sep 3, 2020
Strong peso shows confidence in PH -DoF
The sustained appreciation of the local currency against the US dollar is a vote of confidence in the Philippine economy amid the global...
Aug 27, 2020
Banks prepare for increasing bad loans
With non-paying borrowers affected by the public health crisis, banks are braced for an increase in non-performing loans (NPL) but Bangko...
Aug 20, 2020
BSP’s BOB chatbot is now live
After pilot-testing in July and August, the Bangko Sentral ng Pilipinas (BSP) said its consumer chatbot or “BOB” for “BSP Online Buddy”...
Aug 13, 2020
Business activities picking up — DOF
MANILA, Philippines — Some industries have experienced a pickup in business activities following the slight easing of movement...
Aug 6, 2020
Trade gap narrows to $1.3 billion in June
MANILA, Philippines — With imports falling at a faster rate than exports, the deficit in the country’s trade balance narrowed in June,...
Jul 30, 2020
Philippines suffers 20% slump in Q2, says think tank
MANILA, Philippines — Economic output likely contracted by as much as 20 percent in the second quarter, making the Philippines one of the...
Jul 24, 2020
Selling pressure sends PSEi to near two-month low
MANILA, Philippines — Stocks succumbed to selling pressure anew as a slew of negative factors kept investors on a wait-and-see stance,...
Jul 16, 2020
BOI investment pledges grow 112% in 1st semester
Investment pledges registered with the Board of Investments grew 112 percent in the first half of 2020 compared to the same period last...
Jul 9, 2020
Warren Buffett donates $2.9B to Gates Foundation, family charities
Warren Buffett has donated roughly $2.9 billion of Berkshire Hathaway Inc stock to four family charities and the Bill & Melinda Gates...
Jul 2, 2020
Stocks rise as Wall St marks record gains
MANILA, Philippines — Local stocks rose yesterday along with other Asian shares after Wall Street capped its best quarter since 1998,...
Jun 25, 2020
COVID-19 crisis exacerbates globalization worries: IMF economist
WASHINGTON, United States — Globalization has been under fire around the world, but the coronavirus pandemic has added fuel to those...
Jun 18, 2020
SEC red flags bitcoin firm
MANILA, Philippines — The Securities and Exchange Commission (SEC) has warned against Bitcoin Revolution, which presents itself as a...
Jun 11, 2020
UnionBank among ‘most helpful banks in Asia-Pacific’ during COVID-19
Union Bank of the Philippines (UnionBank) has been ranked the second most helpful bank in Asia-Pacific during the coronavirus crisis –...
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