Coin deposit machines log P577 million transactions
The value of transactions through the coin deposit machines deployed by the the Bangko Sentral ng Pilipinas is close to reaching the P600-million mark, as more and more Filipinos use the machines to deposit their idle coins......»»
Maya is '1 Digital Bank in PH
Maya now stands as the #1 Digital Bank in the Philippines, revolutionizing the industry with its unified payments and banking services on one digital platform. In 2023, Maya saw a remarkable increase in users, with 3 million depositors, more than double the previous year, and a deposit balance reaching PHP25 billion, a 69% increase from […].....»»
US moon lander Odysseus goes dormant a week after lopsided landing
'Goodnight, Odie. We hope to hear from you again,' says Intuitive Machines, the Texas-based aerospace company that NASA paid $118 million to build and fly Odysseus.....»»
Philippines foreign investments yield net outflows in March
MANILA, May 1 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 236 million U.S. dollars in March, the Philippine central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the foreign investment transactions in March resulted from the 1.6 billion dollars in gross outflows and 1.4 billion dollars in gross inflows for the month. "The recorded net outflows are a reversal.....»»
Philippine central bank holds key interest rates
MANILA, May 16 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate at 6.5 percent and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent, respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said that inflation expectations remain well-anchored while a restrictive policy stance.....»»
Philippines central bank keeps key interest rates unchanged
MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday to keep the bank's target reverse repurchase rate at 6.5 percent, and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the latest inflation path has shifted slightly higher but still remains within targe.....»»
Digital banks post significant deposit, loan growth in 2023
The digital banking sector has recorded a significant growth in total deposits and loans in 2023 compared to a year ago, as consumers looked for more accessible and user-friendly financial services......»»
RCBC income hits all-time high in 2023
Rizal Commercial Banking Corp. grew its net income by 15 percent to hit a record P12.22 billion in 2023, fueled by faster-than-industry loan and deposit growth......»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
Explained: PDIC and How It Works
At some point, I’m sure you’ve seen the acronym “PDIC” and “PHP500,000” together somewhere, especially if you’re constantly in digital banking apps or physical branches up and about. In the world of finance, understanding mechanisms that safeguard your hard-earned money is of utmost importance. One key player in this domain is the Philippine Deposit Insurance […].....»»
Comelec to proceed with Miru deal for 2025 polls
The Commission on Elections contract for the lease of automated counting machines with Miru Systems remains valid despite the Supreme Court ruling favoring technology provider Smartmatic......»»
2025 automated polls hang as court may stop VCM use
The Commission on Elections might not be able to hold automated elections in May 2025 if the court stops the use of vote counting machines to be manufactured by the joint venture led by Korean firm Miru Systems Inc......»»
Voting machine customization starts April 18 – Comelec
The customization of vote counting machines for the May 2025 midterm elections will start on April 18, the Commission on Elections said yesterday......»»
Keeping Your Air Fryer Sparkling Clean: Essential Tips and Tricks for Mastering Maintenance
Cooking has been transformed by air fryers, which provide a healthier substitute for conventional frying techniques. These multipurpose machines are a favorite among foodies and.....»»
The Evolution of Slot Technology: From Mechanical Reels to Digital Domination
Slot machines have come a long way since their humble beginnings as mechanical devices with spinning reels. Over the decades, technological advancements have transformed the.....»»
Comelec ready to hold demo for 2025 poll machines
The Commission on Elections has assured the public that it is ready to conduct a voting demonstration in Congress with the new machine that will be used in the May 2025 midterm elections......»»
PNP to elderly: Beware of Glue Ladies
A criminal gang composed mostly of women is preying on senior citizens making cash withdrawals from automated teller machines......»»
Moon lander Odysseus tipped sideways on lunar surface but ‘alive and well’
The spacecraft is believed to have caught one of its landing feet on the uneven lunar surface and tipped over, coming to rest sideways, propped up on a rock at one end, says Intuitive Machines CEO Stephen Altemus.....»»
Korea-led joint venture bags Comelec deal
A joint venture led by South Korean firm Miru Systems Co. Ltd. bagged the multibillion-peso contract for the lease of voting machines to be used in the May 2025 midterm polls, the Commission on Elections announced yesterday......»»
Korean firm Miru Systems bags vote counting machine contract for 2025 polls
The Commission on Elections has awarded Korean firm Miru Systems with the contract to supply the vote counting machines for the 2025 midterm elections......»»