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CCAP: Current credit card rate cap sufficient

The Credit Card Association of the Philippines said it fully supports the assessment process of the Bangko Sentral ng Pilipinas in adjusting or keeping the cap on credit card charges, adding that the current ceiling is sufficient......»»

Category: financeSource: philstar philstarMar 19th, 2024

BSP to review 3 percent rate cap on credit card transactions

The Bangko Sentral ng Pilipinas will review this month whether to keep or hike the three percent interest rate cap on credit card transactions......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Lending startup unveils credit card for Gen Zs

Technology startup firm Zed Philippines Inc. has launched a Mastercard Titanium credit card with zero interest, zero foreign transaction fees and no annual charges, aiming to roll out these cards to the market within the coming months......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Struggling with credit card debt: Renters and low-income individuals fall behind – The Daily Guardian

Title: Financial Challenges Persist for Certain U.S. Population Despite Strong Economy Subtitle: Rising inflation, credit card debt, and student loan burdens threaten the financial well-being.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

2.4M Dabawenyos working as of Oct 2023

The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Should You Bite on Digital Credit Line Offerings?

Digital credit lines have become a prevalent offering for digital platforms like digital banks and online shopping apps. These readily available lines of credit, often so accessible, can be tempting, especially for unexpected expenses. But before you hit “apply,” it’s crucial to weigh the pros and cons to determine if a digital credit line aligns […].....»»

Category: newsSource:  metrocebuRelated NewsApr 22nd, 2024

Moira Dela Torre highlights value of giving credit following viral copyright issue

Moira Dela Torre weighed in on the viral copyright issue and said that it is important to give credit where credit is due. .....»»

Category: entertainmentSource:  philstarRelated NewsMar 27th, 2024

Busting credit card fraud rings

Credit card scams could happen to you, especially as the world becomes an increasingly cashless global village......»»

Category: newsSource:  philstarRelated NewsApr 15th, 2024

Kumong Bol-Anon 15 bares complete fight card

CEBU CITY, Philippines– The complete fight card for the much-anticipated “Kumong Bol-Anon 15” of the PMI Bohol Boxing Promotions was officially unveiled. The April 30 fight card will feature a total of six bouts that will be held at the Holy Name University gymnasium in Tagbilaran City, Bohol. The main event is considered one of.....»»

Category: newsSource:  inquirerRelated NewsApr 23rd, 2024

Rommel Padilla nipalag sa quote card nga nitira ni Kathryn: Kondenahin!

Nipalag ang kanhi action star nga si Rommel Padilla sa nigawas nga quote card kabahin kuno sa pagkacheater sa anak niya nga si Daniel Padilla. Way kamatuoran ang nasuwat sa usa ka social media quote card nga nikaylap na karon diin gidepensahan niya si DJ sa paghaylo kuno niya ni Kathryn Bernardo. Gi-repost ni Rommel.....»»

Category: newsSource:  inquirerRelated NewsApr 19th, 2024

Rommel Padilla umaray sa quote card na tumitira kay Kathryn: Kondenahin!

INALMAHAN ng dating action star na si Rommel Padilla ang lumabas na quote card tungkol sa umano’y pagiging “cheater” ng anak niyang si Daniel Padilla. Wala raw bahid ng katotohanan ang nakasulat sa isang social media quote card na kalat na kalat na ngayon kung saan “dinedepensahan” niya si DJ sa sinasabing panloloko raw nito.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

CARD MRI clinches Digital Financial Inclusion Award

CARD Mutually Reinforcing Institutions (CARD MRI) was selected as one of the five microfinance institution (MFI) winners at the 2nd Digital Financial Inclusion Awards......»»

Category: newsSource:  inquirerRelated NewsApr 8th, 2024

CARD MRI plants 750 mangrove trees in Oriental Mindoro

CARD Mutually Reinforcing Institutions (CARD MRI) planted 750 mangrove trees in Brgy. Baruyan, Calapan City, Oriental Mindoro on October 7, 2023......»»

Category: lifestyleSource:  abscbnRelated NewsMar 26th, 2024

CARD Inc. Medical Services opens in Tanauan, Leyte

CARD, Inc. - CARD MRI’s Microfinance and Health Protection (MaHP) opens a clinic and laboratory facility that offers medical services in Tanauan, Leyte on October 5, 2023......»»

Category: newsSource:  samarnewsRelated NewsMar 22nd, 2024

CARD MBA marks 24th year with AcciPlan launch and notable achievements

CARD Mutual Benefit Association (CARD MBA) highlighted its latest microinsurance product, AcciPlan, during its 24th anniversary celebration, on September 7, 2023......»»

Category: sportsSource:  abscbnRelated NewsMar 15th, 2024

Cebu’s inflation rate rose in Feb compared to January

CEBU CITY, PHILIPPINES – Cebu’s inflation rate rose slightly in February compared to lJanuary as prices have gone up in most parts of the province including the tri-cities of Cebu, Lapu-Lapu, and Mandaue. This was after the Philippine Statistics Authority (PSA) Cebu Province announced the current inflation rate of Cebu including the Highly Urbanized Cities.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

Olympic, outreach cap fire prevention month

Olympic, outreach cap fire prevention month.....»»

Category: newsSource:  sunstarRelated NewsMar 25th, 2024

SPNEC pumps on inclusion to MSCI Philippines Small Cap Index

SP New Energy gained more than 6% yesterday after news that it will be included in the MSCI Philippines Small Cap Index when it is rebalanced on February 29......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

BPI sees stronger credit growth

Bank of the Philippine Islands expects a robust growth in credit this year amid the country’s economic expansion and the planned interest rate cuts by the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Philippines inflation rate slows to 2.8 pct in January

MANILA, Feb. 6 (Xinhua) -- Year-on-year inflation in the Philippines further eased to 2.8 percent in January from 3.9 percent in December 2023, the Philippine Statistics Authority (PSA) said on Tuesday. PSA head Dennis Mapa told a press conference that the January inflation rate is the lowest since the 2.3 percent inflation rate was recorded in October 2020. In January 2023, inflation rate was 8.7 percent.....»»

Category: newsSource:  manilanewsRelated NewsFeb 6th, 2024

Philippines says it will not grant US access to more bases

The Philippines says it has no plans to give the United States more access to military bases in the Southeast Asian country, putting a cap on the current total number of nine sites.Philippine President Ferdinand Marcos Jr. told foreign correspondents in Manila Monday that the country's decision last year to increase the number of sites agreed upon under the Enhanced Defense Cooperation Agreement or EDCA was a re.....»»

Category: newsSource:  manilanewsRelated NewsApr 17th, 2024