Deep dive into AFASA (2)
Institutions should act within 24 to 48 hours of receiving a report, freeze accounts promptly, update the account holder, and work with other financial…
· 2 MIN READ
Daily TribuneTopic
Institutions should act within 24 to 48 hours of receiving a report, freeze accounts promptly, update the account holder, and work with other financial…
· 2 MIN READ
Due to robust employment and spending by households and the government, the economy could grow by 6 percent this year and 6.1 percent next year.
· 1 MIN READ
Bank of the Philippine Islands (BPI) has accelerated the greening of its phygital branches to 17 out of 55 units nationwide.
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‘It turns regular grocery runs into opportunities to earn cash rebates, which can be converted into Puregold P-Wallet credits’
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Falling rice and transportation prices were essentially behind lower inflation
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Under Section 7 of AFASA, banks and financial institutions are authorized to impose a temporary hold on funds that are the subject of a disputed transaction.
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A major digital bank in the country and part of the PLDT-Smart Group, Maya will integrate its financial solutions into PCPPI’s Distributor Management System.
· 2 MIN READ
According to the Bangko Sentral ng Pilipinas, OFW remittances in January grew by 2.9 percent to $3.24 billion from $3.15 billion recorded in the same month of…
· 1 MIN READ
Ayala announced plans to bring in a strategic investor in August last year to strengthen GCash, which saw a surge in popularity during the pandemic
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‘Funds without actual investment in financial derivatives shall not be subject to the SBG limit. This includes equity funds, balanced funds and multi-asset…
· 1 MIN READ
The Philippine Economic Zone Authority’s (PEZA) governing board reported a huge 294.26 percent improvement in their investment approvals in the first quarter…
· 2 MIN READ
The Securities and Exchange Commission (SEC) has eased investment restrictions for certain funds, giving fund managers more flexibility in portfolio allocation.
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State-backed fund chief says rejecting $47B bid could damage country’s pro-investment image
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Domestic debt reached P11.22 trillion, higher by 1.26 percent from January while external debt grew faster by 3.44 percent to P5.41 trillion due to government…
· 2 MIN READ
The Asian Development Bank (ADB) said 78 percent of Filipinos seek more information about Islamic banking, which the Bangko Sentral ng Pilipinas (BSP) said…
· 2 MIN READ
The much-anticipated and awaited annual Art in the Park at the Jaime Velasquez Park, Salcedo Village, Makati, which started at 10 a.m. and ended 12 hours…
· 3 MIN READ
BPI secured $500 million from the sale of five-year notes and $300 million from 10-year notes. The five-year notes were mostly sold to Asia-based investors;…
· 2 MIN READ
BPI analyses show data centers in the Philippines could increase capacity by 1,364 megawatts in the next five years, with the highest use in Metro Manila and…
· 2 MIN READ