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ASEAN cross-border remittance service to go live by 2026 – BSP

The Bangko Sentral ng Pilipinas along with other central banks in the region aims to operationalize multilateral cross-border fund transfers by July 2026......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

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:  manilanewsRelated NewsFeb 21st, 2024

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

OFWs drive demand for real property

OFWs drive demand for real property.....»»

Category: newsSource:  sunstarRelated NewsFeb 24th, 2024

Lawmakers welcome back wages for displaced OFWs in Saudi Arabia

The government’s efforts to ensure displaced overseas Filipino workers (OFWs) receive their back pay from bankrupted Saudi Arabian construction companies have been lauded by lawmakers from both the upper and lower chambers......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2024

Hindi namin magagamit : OFWs demand 5% PhilHealth premium hike scrapped

The biggest organization of overseas Filipino workers (OFWs) and migrant Filipinos slammed President Ferdinand Marcos Jr.'s administration for increasing members’ premium contribution to PhilHealth from 4% to 5% this year......»»

Category: newsSource:  philstarRelated NewsJan 13th, 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

OWWA warns OFWs vs fake FB accounts

OWWA warns OFWs vs fake FB accounts.....»»

Category: newsSource:  sunstarRelated NewsMar 29th, 2024

Hundreds of OFWs in Iraq to lose jobs

With the impending pullout of the United States from its bases in Iraq, hundreds of overseas Filipino workers (OFWs) are expected to lose their jobs, migration expert Manny Geslani said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

CSWDO mobutang og help desk sa mga barangay alang sa kabanay sa mga OFWs

CSWDO mobutang og help desk sa mga barangay alang sa kabanay sa mga OFWs.....»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024

PAGCOR cuts e-game rates to encourage more investments

State-run Philippine Amusement and Gaming Corp. will reduce remittance rates for online and on-site betting platforms by next month in a bid to encourage more investments in the gambling sector......»»

Category: newsSource:  philstarRelated NewsMar 19th, 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

A Quick Guide to Online Gambling and Financial Responsibility

With the rise of PAGCOR accredited online gambling platforms, many individuals are drawn to the allure of quick wins and entertainment. However, the world of online gambling will require extreme caution and financial responsibility to avoid potential pitfalls and safeguard one’s financial well-being. Understanding the Risks Online gambling can be enticing, but it comes with […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 13th, 2024

Jolibet Online Gaming celebrates third year anniversary, introduces a new online gaming experience to Filipinos

Jolibet Online Gaming celebrates third year anniversary, introduces a new online gaming experience to Filipinos.....»»

Category: newsSource:  sunstarRelated NewsFeb 8th, 2024

Boy Abunda, nagsalita na tungkol sa paglipat ng TV network

AMINADO ang King of Talk na si Boy Abunda na sobrang nami-miss na talaga niya ang hosting at mag-interbyu ng mga celebrities. Inamin niya ito sa amin sa kauna-unahang face to face presscon niya after the pandemic para sa Sendwave international remittance app na siya ang endorser. Nasa punto din daw siya ngayon na pinag-iisipan […] The post Boy Abunda, nagsalita na tungkol sa paglipat ng TV network appeared first on Pinoy Parazzi......»»

Category: newsSource:  pinoyparazziRelated NewsApr 13th, 2024

Viral Tarsier Video: DENR to file criminal charges vs 2 vloggers

MANILA, Philippines — The Department of Environment and Natural Resources (DENR) said preparations are underway for the filing of charges against two vloggers for the “improper treatment” of Philippine Tarsiers in Polomolok, South Cotabato. “Ongoing po ang preparation ng documents for the filing of criminal charges. Kung kakayanin ay mafa-file siya within today,” DENR Region.....»»

Category: newsSource:  inquirerRelated NewsApr 14th, 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

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).....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

Every first Tuesday is Kabayan Day at SM malls

BDO Remit, the remittance service brand of BDO Unibank, in partnership with SM, unveils Kabayan Day, an exclusive year-round promo for overseas Filipinos and their families......»»

Category: financeSource:  philstarRelated NewsFeb 1st, 2024

BIR bumigay sa mga online seller

Nagbigay ng karagdagang palugit ang Bureau of Internal Revenue (BIR) sa mga online seller para makapagbayad ng buwis sa gobyerno. The post BIR bumigay sa mga online seller first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 17th, 2024