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Filipinos are Good at Being 'Resilient': Lifting the Philippines out of Poverty with Sam Tamayo s non-profit Project SMILE

Sabrina (Sam) Tamayo founded her non-profit, Project SMILE, in the Philippines in 2018. Her organization helps people of various ages and professions rise out of poverty and follows an inspiring mantra of starting small and building a reliable impact. In this interview she discusses human rights, the UN's Sustainable Development Goals, and various aspects of life in the Philippines......»»

Category: newsSource:  philippinetimesRelated NewsJan 21st, 2024

JG Summit income triples

Conglomerate JG Summit Holdings Inc. of the Gokongwei family saw a surge in its core profit in the first quarter following strong contributions of its food, real estate and air transport businesses, coupled with the gains realized from its bank merger......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

BDO to remain cautious amid risks

BDO Unibank Inc., the country’s largest bank, will remain cautious this year despite strong profit growth in 2023 and in the first quarter of the year......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

Security Bank expects higher profit in 2024

Security Bank Corp. is expecting better profitability this year amid a double-digit growth in its lending business, the bank’s investments in technology as well as its plans to put up more branches......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

AUB profit hits record high in 2023

Rebisco-led Asia United Bank and its subsidiaries boosted earnings by 32 percent to a record high of P8.3 billion in 2023, from P6.3 billion in 2022......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

BPI profit hits record high P51.7 billion in 2023

“The bank’s solid financial performance is a reflection of its strengthened customer franchise and deeper customer engagement which led to record volumes and market share gains in several businesses,”.....»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

CA orders freezing of MFT Group bank accounts, assets

The bank accounts and other assets of Maria Francesca Tan (MFT) Group of Companies Inc. have been ordered frozen by the Court of Appeals (CA) upon finding probable cause that they were linked to unlawful activities......»»

Category: financeSource:  philstarRelated NewsJun 4th, 2024

Maya solidifies hold as top digital bank

Maya solidifies hold as top digital bank.....»»

Category: newsSource:  sunstarRelated NewsMay 17th, 2024

Tax Notes: ITR filing 2023: Extended banking hours, bank acceptance of tax returns on Saturdays, out-of-district filing

Tax Notes: ITR filing 2023: Extended banking hours, bank acceptance of tax returns on Saturdays, out-of-district filing.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024

CIMB boosts financial inclusion with Lazada

Digital-only commercial bank CIMB Bank Philippines has teamed up with e-commerce platform Lazada Philippines to further advance financial inclusion and digital payments among Filipinos, targeting to onboard 500,000 borrowers within six months......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

ASEAN expands regional payment connectivity

The Association of Southeast Asian Nation has onboarded Brunei Darussalam Central Bank and Bank of the Lao PDR in ramping up cross-border payments in the region, bringing the number of total central banks participating in the regional payment connectivity initiative to eight......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

ED attaches asset worth Rs 70 lakh in bank fraud implicating Hyderabad-based Jasleen Enterprises

New Delhi [India], March 28 (ANI): The Directorate of Enforcement (ED) has attached an immovable property valued at Rs 70 lakh in a bank fraud case involving Jasleen Enterprises headquartered in Hyderabad. The Hyderabad division of the ED attached the fixed asset in accordance with the stipulations outlined in the Prevention of Money Laundering Act (PMLA) of 2002. ED initiated investigation on the basis of First Informati.....»»

Category: newsSource:  manilanewsRelated NewsMar 28th, 2024

DOF: GFIs can seek extended relief after Maharlika infusion

Government financial institutions Land Bank of the Philippines and Development Bank of the Philippines will likely seek an extension of its regulatory relief following contributions to the country’s sovereign wealth fund......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

GSIS taps Maya for payments

State-run pension fund Government Service Insurance System is expanding its payment channels through a partnership with digital bank Maya Bank Inc......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

BPI to sell its entire 15% GoTyme Bank stake back to the Gokongweis

Zobel Family banking unit BPI disclosed that its board of directors has approved the sale of BPI’s stake in GoTyme Bank to a subsidiary of JG Summit and a company called Giga Investment Holdings Pte. Ltd. at a price of P1.20/share......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Bank of Japan ends negative interest rate policy

Bank of Japan ends negative interest rate policy.....»»

Category: newsSource:  sunstarRelated NewsMar 19th, 2024

Security Bank, Helios team up for solar energy in households

Security Bank Corp. has tied up with climate fintech firm Helios to boost the access of Filipino homeowners to clean and sustainable energy......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

CARD Bank marks 26th year as financial inclusion champion to Filipino communities

CARD Bank, Inc. celebrated its 26th founding anniversary and savings month with the theme “Conquering a new frontier towards more inclusive financial services” on September 1, 2023......»»

Category: sportsSource:  abscbnRelated NewsMar 12th, 2024

ED attaches immovable assets worth Rs 4.81 crore of four individuals in J-K bank fraud case

New Delhi [India], March 11 (ANI): The Enforcement Directorate (ED) has provisionally attached immovable properties worth Rs 4.81 crore of four individuals, including two jewellers and two engaged in tours and travels service, in Jammu and Kashmir linked to a bank fraud case. The attached properties are in the form of 18 Kanal of land and building which pertains to Isfaq Ahmad Zargar of Nikha Ornaments (12.5 marla), Khali.....»»

Category: newsSource:  manilanewsRelated NewsMar 12th, 2024

Security Bank advances sustainability journey to deliver meaningful stakeholder impact

Security Bank made significant advancements in its sustainability journey last year, and has ambitious plans for 2024......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024