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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 21, 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...
Jan 7, 2021


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 10, 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...
Dec 3, 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 26, 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 20, 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,...
Nov 12, 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 27, 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 16, 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...
Oct 1, 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 24, 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 10, 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...
Sep 3, 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 27, 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 20, 2020


Business activities picking up — DOF
MANILA, Philippines — Some industries have experienced a pickup in business activities following the slight easing of movement...
Aug 13, 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,...
Aug 6, 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 30, 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 24, 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 16, 2020
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