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ADB approves 655,000 USD to help Philippine rural banks digitization

MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

TikTok Shop Launches TikTok Shop Business School to Help Digitize Filipino Entrepreneurs

TikTok Shop launched TikTok Shop Business School, a comprehensive one-day program for Filipino entrepreneurs that aims to equip them with the skills to grow their businesses in the digital sphere. The full-day program, which 50 TikTok Shop entrepreneurs attended, was comprised of master classes on Corporate Strategy and Business Model with Kim Lato, Founder and […].....»»

Category: newsSource:  metrocebuRelated NewsMar 26th, 2024

RCBC the best PH bank by network uptime, and UBP ranks at the bottom

Brankas, a Singapore-based fintech software and services provider, published its first annual ASEAN Bank Stability Report to measure the network uptime performance of ASEAN-region banks, and RCBC finished in the top spot among banks in the Philippines with an uptime of 98.3% (31 hours total downtime) including a stretch of seven months with zero downtime events......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey

New Delhi [India], March 21 (ANI): Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respon.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Eight Tips for Choosing a Domain Name for Your Small Business

Choosing a domain name for a small business requires careful consideration, as it is often the first thing people see about your business. The domain name of a business is often considered a piece of real estate on the internet, or your business home on the web. It is core to the digital presence of […].....»»

Category: newsSource:  metrocebuRelated NewsMar 20th, 2024

Why Choosing the Right Tools and Equipment Helps Boost Productivity

Improvising and being resourceful is a good trait for an entrepreneur but being too much of it can also harm the productivity and safety of the business. Using proper tools and equipment can help lessen the workload and make business operations much smoother. Here are three reasons why using the right tools and equipment is […].....»»

Category: newsSource:  metrocebuRelated NewsMar 9th, 2024

EAM Jaishankar, Singapore PM exchange views on deepening engagement in fintech, digitalization, green economy

New Delhi [India], March 26 (ANI): External Affairs Minister S Jaishankar and Singapore Prime Minister Lee Hsien Loong exchanged views on deepening engagement in fintech, digitalization, the green economy, skills development and food security. EAM Jaishankar concluded his visit to Singapore on March 25. He was on an official visit to Singapore from March 23-25, the first leg of his visit to Singapore, Philippines and Mala.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024

EAM Jaishankar, Singapore PM exchange views on deepening engagement in fintech, digitalization, green economy

New Delhi [India], March 26 (ANI): External Affairs Minister S Jaishankar and Singapore Prime Minister Lee Hsien Loong exchanged views on deepening engagement in fintech, digitalization, the green economy, skills development and food security. EAM Jaishankar concluded his visit to Singapore on March 25. He was on an official visit to Singapore from March 23-25, the first leg of his visit to Singapore, Philippines and Mala.....»»

Category: newsSource:  philippinetimesRelated NewsMar 26th, 2024

Women entrepreneurs enjoy seamless payment solutions

Women entrepreneurs enjoy seamless payment solutions.....»»

Category: newsSource:  sunstarRelated NewsMar 23rd, 2024

For aspiring entrepreneurs: Mister Donut offers 90-day business trial package

Mister Donut, a strong international brand with 40 years of proven franchising track record in the Philippines, is encouraging budding entrepreneurs or those who want to test the viability of a new location to pursue their franchising plans via its 90-day business trial package......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Time to shine the light on Filipina entrepreneurs

March is Women’s Month and for years now, Go Negosyo marked it by honoring Filipina entrepreneurs......»»

Category: newsSource:  philstarRelated NewsMar 4th, 2024

Flip Your Biz: Empowering Women Entrepreneurs in Cebu

The GREAT Women Collective, in partnership with HoliCOW PH, proudly presents “Flip Your Biz,” a gathering of women entrepreneurs and luminaries of varying industries in Cebu City to share best practices, and foster important conversations on gender, business, and related socio-economic issues and impact. Slated for February 1, 2024, this intimate gathering and workshop at.....»»

Category: newsSource:  inquirerRelated NewsJan 23rd, 2024

Flip Your Biz: Empowering Women Entrepreneurs in Cebu

Flip Your Biz: Empowering Women Entrepreneurs in Cebu.....»»

Category: newsSource:  sunstarRelated NewsJan 23rd, 2024

Why people’s initiative to amend Philippine Constitution reeks of ‘Marcosian tactics’

“Corruption & poverty are the main reasons why we lag behind economically and politically. These problems are not created by the 1987 Constitution, but by greedy politicians who control power and money for their self-interests." The post Why people’s initiative to amend Philippine Constitution reeks of ‘Marcosian tactics’ appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 23rd, 2024

Fitch keeps credit rating of 5 Philippine banks

Fitch Ratings has affirmed the credit rating of five of the country’s biggest banks and kept its stable outlook, on the back of a likely robust economic growth over the next two years......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Moody’s outlook: Philippine banks remain on stable footing

Moody’s Investors Service has maintained a stable outlook for Philippine banks as interest rate cuts from the Bangko Sentral ng Pilipinas this year are seen to support economic recovery......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Digital banks seen profitable in 5-7 years

Digital banks in the Philippines need five to seven years to become profitable, as only two out of six online lenders are doing well so far, according to the Bangko Sentral ng Pilipinas......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

UBS sees 2-digit credit growth for Philippines banks

Banks operating in the Philippines are expected to post a double-digit credit growth this year on the back of robust economic expansion, according to banking giant UBS......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

More groups to establish Islamic banks in Philippines

More groups are looking at establishing Islamic banks in the Philippines as the first branch of the new banking classification is expected to open soon, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Banks’ bad loans rise in February

The soured loans of Philippine banks picked up for the 14th straight month in February, bringing the gross non-performing loan ratio to a steady 3.44 percent, amid high interest rates......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024