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Philippines, German central banks partner on capacity-building
The central banks of the Philippines and Germany have formalized their partnership on capacity-building through the signing of a memorandum of understanding......»»
Banks’ bad loans swell in 2023
The soured loans of Philippine banks picked up to 3.23 percent in 2023 from the almost two-year low in 2022, according to the Bangko Sentral ng Pilipinas......»»
Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023
The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»
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......»»
‘Philippine banks to ride wave of robust economic growth’
The projected robust economic growth this year could shape up into a better year for Philippine banks, S&P Global Ratings said......»»
Banks expect higher consumer, corporate loan demand in Q1
Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»
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......»»
BSP pursues reforms to modernize banks
The Bangko Sentral ng Pilipinas is pursuing policy reforms to modernize Philippine banks and ensure a sustainable, digital and inclusive banking future......»»
Hotel Sogo, Victoria Court trending among Filipinos before Valentine’s Day, report
MANILA, Philippines — Hotel chains Hotel Sogo and Victoria Court trended among Filipinos in the days leading up to Valentine’s Day this year, with the former garnering over two million reach on social media, a social listening report revealed. A report from Capstone-Intel released on February 14 showed that Filipino social media users loved to.....»»
PAGASA warns of dangerous heat index in 11 areas on Black Saturday
PAGASA warned of heat indexes reaching "danger levels" in almost a dozen areas in the Philippines on Black Saturday, with continued exposure possibly causing heat cramps, heat exhaustion or heat stroke......»»
Razon unit strengthens exposure in water infrastructure
The Razon Group’s joint venture with a privately owned Australian construction company plans to beef up its presence in the water infrastructure space to support its growth in the coming years......»»
Japanese firm to double stake in REDC
Japanese conglomerate Tokai Corp. will double its equity exposure in Repower Energy Development Corp., a subsidiary of Pure Energy Holdings Corp......»»
Bong hindi na keri ang butt exposure sa pelikula; CC6 tuloy ang pagtulong
BUKOD sa pinaplanong entry para sa Metro Manila Film Festival 2024, inaabangan na rin ng fans ang reunion movie nina Sen. Bong Revilla at Sharon Cuneta. Wala pang maibigay na mga detalye ang actor-public servant tungkol sa naturang proyekto pero wishing and hoping siya sa muling pagtatambal nila sa big screen ng nag-iisang Megastar. Pero.....»»
Job insecurity, climate change pose challenges in Philippines human development – UNDP
The lack of job security and the high exposure to climate and disaster risks are seen as challenges to the country’s economic growth and human development, making it necessary to make investments in climate resilience and education, according to the United Nations Development Program......»»
The Daily Guardian: Montgomery County Reports First Confirmed Measles Case Since 2005
Officials Warn of Potential Measles Exposure at One Children’s Plaza Dayton, OH – Health officials are urging individuals who visited the emergency department at One.....»»
Goorjian bats for exposure
Strong Group Athletics coaching consultant Brian Goorjian is convinced playing in EASL will improve the standards in the domestic leagues where the participating teams are seeing action and lead to raising the competitive level of national squads. .....»»
Caritas Philippines hits Charter change initiative; says Constitution ‘not a political football’
DAVAO CITY (MindaNews / 12 January) – The social action arm of the Catholic Bishops Conference of the Philippines has expressed its opposition to moves to amend the 1987 Constitution and urged instead the government to “focus on strengthening basic social services, combating corruption, and implementing programs that address the plight of the poor.” In […].....»»
Ungkatan ng past, hirit ni Carmina: Ano, ako mag-a-adjust sa girlfriend?
“UNGKATAN ng past” ang peg ng mga netizens sa pagtawag kay Carmina Villarroel bilang “overprotective” na nanay nina Cassy at Mavy Legaspi. Usap-usapan kasi ngayon sa social media ang naging pahayag ni Carmina tungkol sa pakikipagrelasyon o lovelife ng kanyang mga anak. Muling nagsulputan sa social media ang ilang video ng Kapuso TV host-actress kung.....»»
FB ni Cassy na may 21-M followers na-hack; naloka sa ginawa ni Darren?
HOT topic ngayon sa social media ang pagkalat ng mga video clips kung saan mapapanood ang mga sweet moments nina Darren Espanto at Cassy Legaspi. Nagsimulang mag-viral ang nasabing mga reels sa social media nitong weekend na nagmula umano sa Facebook account ni Cassy. Ito rin yung time na magkasunod na nagdenay ang rumored couple.....»»
Carmina, Cassy hinamong pangalanan ang taong pinatatamaan sa socmed
HINAMON ng mga netizens ang mag-inang Carmina Villarroel at Cassy Legaspi na pangalanan ang taong pinariringgan nila sa social media. Halos magkasabay kasi na nag-post ng nakakaintrigang mensahe sa kani-kanilang social media accounts sina Carmina at Cassy kaya talagang naintriga ang mga netizens. Na-curious ang kanilang mga followers kung para kanino ang Instagram post ng.....»»