BSP tightens buy-in limit on financial institutions
The Bangko Sentral ng Pilipinas has tightened transactions involving the acquisition of shares in Philippine banks, pawnshops, money service businesses including remittance and transfer companies, money changers, as well as foreign exchange dealers......»»
JG Summit FY23 profit: P19.6-B (up 216%)
JG Summit, the Gokongwei Family’s diversified conglomerate, teased its FY23 financial results headlined by a 216% increase in the company’s net income to P19.6 billion......»»
The Mystery of Post-Inflation Stability: Exploring Economic Uncertainty
Inflation, a sneaky force eating away at our financial stability, makes us wonder: what happens after its rampage? Do things settle back to normal, or are we stuck dealing with the aftermath? Inflation is simply prices creeping up over time, quietly changing our financial landscape. Think of your favorite café inching up its prices or […].....»»
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......»»
Upson International FY23 profit: P464-M (down 13.7%)
Upson International, the IT retailer primarily operating through the Octagon retail brand, teased its FY23 financial results headlined by a 13.7% dip in net income to P464 million......»»
Concerns conveyed to China over cyber activity
Foreign Minister Winston Peters has confirmed New Zealand's concerns about cyber activity have been conveyed directly to the Chinese Government. "The Prime Minister and Minister Collins have expressed concerns today about malicious cyber activity, attributed to groups sponsored by the Chinese Government, targeting democratic institutions in both New Zealand and the United Ki.....»»
US, UK accuse China of cyberespionage that hit millions of people
The aim of the global hacking operation was to 'repress critics of the Chinese regime, compromise government institutions, and steal trade secrets,' Deputy US Attorney General Lisa Monaco says.....»»
Golden Haven launches international campaign for OFWs
Golden Haven, the country’s leading memorial park developer, has launched its GO! International campaign, a groundbreaking initiative that aims to help overseas Filipino workers secure their financial future......»»
Training on COA compliance for government institutions
To guide government institutions on their compliance with the Commission on Audit Circular 2020-006, the Center for Global Best Practices will be launching a two-session online training titled “COA Guidelines and Procedures for One-Time Cleansing of Property, Plant and Equipment Account Balances” on April 18 and 19, 2024 from 1:30 to 4:45 p.m. via Zoom......»»
Speaking up for survivors of human trafficking: Victoria Nyanjura s story
The UN Trust Fund for Victims of Human Trafficking (UNVTF) provides humanitarian, legal and financial aid to victims of trafficking in persons through the awarding of grants to civil society organizations. Victoria Nyanjura was recently elected as Chair of the UNVTF and is the first-ever survivor of human traffi.....»»
EDITORIAL — Irresponsible driving
As travel increases this Holy Week, motorists are expressing concern about a road accident this month that penalized an innocent driver. Video footage showed a Toyota Innova traversing the northbound lane of the Skyway Stage 3 on March 10 when a motorcycle moving beyond the speed limit counter-flowed, colliding head-on with the Innova......»»
Women shaping Philippine monetary policy
Women have made significant strides as leaders in the Philippine financial services industry even as challenges continue to persist. At the helm are two distinguished female members of the Monetary Board (MB) – the policy-setting body of the Bangko Sentral ng Pilipinas (BSP) –both of whom are breaking the bias for women in finance......»»
China blocks use of Intel and AMD chips in government computers – report
The procurement guidance also seeks to sideline Microsoft Windows and foreign-made database software in favor of domestic options, a Financial Times report says.....»»
What is the future of Philippine Financial Literacy?
What is the future of Philippine Financial Literacy?.....»»
Why Business Should Start Investing in the Mental Well-Being of Their Employees
The pandemic has triggered waves of anxiety, uncertainty, and financial strain, impacting the mental health of millions of employees. Poor mental health leads to decreased productivity, increased absenteeism, and strained work relationships. With that said, it is crucial to address employees’ mental health issues to have a thriving workspace. Encourage Open Communication and Supportive Culture […].....»»
Catapang tightens security after ambush
Bureau of Corrections (BuCor) chief Gregorio Catapang Jr. yesterday said security measures were doubled following the recent shooting incident involving his vehicle along the Skyway on Tuesday......»»
GT Capital posts record high core earnings in 2023
GT Capital Holdings Inc., the listed conglomerate of the Ty Group finished 2023 with all-time high core earnings, buoyed by record-setting financial results from core businesses......»»
Donald Trumps $3.5bn windfall at stake in Spac deal showdow
The Financial Times, known for its in-depth coverage of global business, economics, and politics, is now offering a special subscription deal for its print edition......»»
BPI sells shares in GoTyme Bank
The Bank of the Philippine Islands sold its 752 million common shares of GoTyme Bank Corp. to GoTyme Financial Pte. Ltd. and Giga Investment Holdings Pte. Ltd, the bank said yesterday......»»
CLI allots higher capex, partners with Japan firm
Cebu Landmasters Inc. is hiking its capital spending to P14.5 billion this year as it gears up for growth and expansion following a strong financial performance in 2023......»»