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Banking 101: Unmasking Financial Lingo
Hey friends, ever get stuck in a conversation where financial terms sound like a different language? Don’t worry, we’ve got your back! Let’s break down some everyday bank talk in a way that won’t leave you scratching your head. Interest Rates First off, “Interest Rates” – it’s the cost of borrowing money or the high-five […].....»»
UnionBank to scale up retail business this year
Union Bank of the Philippines is further growing its retail business and enhancing its profitability this year, along with unlocking the full potential of the acquired consumer segment of Citi and maintaining the growth of its digital bank......»»
7 Tips for Expanding a Home-Based Retail Family Business
If you’ve always dreamed of running your own home-based retail family business in the Philippines, one of the most rewarding milestones you’ll ever clear is your first shot at expansion. When you get to the next level, your business will be able to continue fulfilling its special role as a vehicle for your family’s financial […].....»»
Security Bank sees 5.8 percent economic growth in Q4
Security Bank Corp. believes the Philippine economy grew by 5.8 percent in the fourth quarter last year, bringing the full-year gross domestic product growth to 5.6 percent in 2023......»»
ADB appoints Mio Oka as country director for India, pledges continued support for development
New Delhi [India], February 6 (ANI): The Asian Development Bank (ADB) has appointed Mio Oka as its new Country Director for India, succeeding Takeo Konishi, who has been elevated to the position of ADB Director General for South Asia at the Manila headquarters. According to ADB, in her new role, Oka will spearhead ADB's operations in India, forging partnerships with the government and other development stakeholders. She w.....»»
Producers Savings Bank acquires Leyte rural bank
Producers Savings Bank Corp. has completed its merger with one more rural bank, bolstering the bank’s assets and profit growth via its branch network expansion......»»
Union Bank board approves P10-B stock rights offering
The board of directors of Union Bank approved a plan to conduct a stock rights offering to raise up to P10 billion to “fund the capital infusion to UnionDigital” and for “projected retail loan availments”......»»
UnionBank profit down 28 percent to P9.2 billion in 2023
The earnings of Union Bank of the Philippines dropped by 27.8 percent to P9.2 billion in 2023 from P12.74 billion in 2022, as the listed bank booked higher provisioning and integration costs from the takeover of the retail banking business of global banking giant Citi in the Philippines......»»
Tesda to equip DILG with tech-voc skills
Tesda to equip DILG with tech-voc skills.....»»
BSP logs 40K complaints relating to financial consumer protection; only 5% come from Mindanao
SINCE the effectivity of the Financial Consumer Protection Act (Republic Act 11765) in June 2022, the Bangko Sentral ng Pilipinas (BSP) has logged more than 40,000 complaints from customers of different BSP-supervised financial institutions from all over the Philippines. Of this number, only around 5 percent come from Mindanao, implying the Mindanaoans' unawareness of the law......»»
Norway sees stronger economic ties with Philippines
Norway expects trade with the Philippines to continue to rise, supported by an existing free trade agreements (FTAs) and the growing market that will encourage more Norwegian firms to do business in the country......»»
Carcar rape: Bank employee claims 17-year-old girl flirted with him
CEBU CITY, Philippines – The two bank employees, who were accused of raping a 17-year-old girl in Carcar City, Cebu on Friday, had refuted the victim’s allegations against them. Bank account officer Chandie Canadalla alleged that the girl asked him to accompany her to the bathroom and went along with his flirting. From the bathroom,.....»»
BPI renews alliance with Mizuho Bank
The Bank of the Philippine Islands has renewed its alliance with Japan’s Mizuho Bank Ltd., expanding and strengthening the scope of business cooperation between the two banks......»»
SariSuki partners with Super8
Agri-Tech startup SariSuki has partnered with Super8 retail grocery to sell locally-procured farm produce, such as vegetables, at a price that is 40 percent lower than prevailing supermarket prices......»»
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 […].....»»
DALI gears up for expansion
The newest challenger in the local retail market, DALI Everyday Grocery, is giving retail giants a run for their money as it gears up for further expansion in a bid to reach more Filipino consumers whose pockets are hurting from high commodity prices......»»
5 Tech Tips to Smartify Your New House
A smart home or condo is one where you can control nearly all aspects with a smartphone or command directed at your smart assistant. It’s easy to get lost in the details, but here are five tips so you can get started on the Internet of Things. Upgrade Where You Can Roam around the house […] The post 5 Tech Tips to Smartify Your New House appeared first on Kagay An......»»
MPower renews supply deal with Pioneer Highlands
Power, the local retail electricity supplier of Manila Electric Co. (Meralco) has renewed its retail supply agreement with Pioneer Highlands South Condominium Corp......»»
Mavy Legaspi sees no problem with Darren Espanto, Kyline Alcantara shipping
Kapuso actor Mavy Legaspi sees no problem with former love team partner Kyline Alcantara being "shipped" or teased with Darren Espanto......»»
‘Long ways to go’: Cone still sees room for improvement after Gilas rout
Coach Tim Cone sees both the good and the bad in Gilas Pilipinas' 30-point demolition of Hong Kong at the start of the FIBA Asia Cup Qualifiers.....»»