SEC taps LANDBANK as settlement bank for online payments

CALOOCAN CITY, Nov. 21 (PIA) --State-run Land Bank of the Philippines (LANDBANK) has been designated as the depository and financial settlement bank of the Securities and Exchange Commission (SEC).....»»

Category: newsSource: philippinetimes philippinetimesNov 21st, 2020

PayMaya enables over 50 government agencies

Digital financial services provider PayMaya has enabled over 50 government agencies  to streamline their services and accept cashless payments online todate. From June 2019 to June 2020, the volume of transactions processed by PayMaya from partner government agencies surged 900 per cent. This shows the government efforts to encourage digital payments for fees and services by accepting debit, credit, and e-Wallet payments has paid off. “In the span of one year, government agencies have stepped up their efforts in digitalizing their processes,” according to Orlando B. Vea, Founder and CEO of PayMaya. Because of this, many agencies have been able to continue offering relevant services despite the current crisis, he added. To date, PayMaya has already inked partnerships with the Social Security System (SSS), Bureau of Internal Revenue (BIR), Home Development Mutual Fund (HDMF) or PAG-IBIG, the Department of Trade and Industry, the Department of Foreign Affairs, the Department of Science and Technology, the Bureau of Customs, the Bureau of the Treasury through the platform, the Department of Agriculture’s Agricultural Credit Policy Council, the Professional Regulation Commission, the Tourism Infrastructure and Enterprise Zone Authority (TIEZA), and the National Home Mortgage Finance Corporation (NHMFC), among  others.  As part of measures needed to be observed in the ‘new normal’, PayMaya intends to enable more government agencies, institutions, and  local government units to accept cashless payments and digital disbursements. Hence, PayMaya has launched its LGUs Embracing and Accelerating Digitalization (L.E.A.D.) program to help local governments offer digital transactions for constituents. The company likewise enabled digital disbursements for the cities of Manila, Mandaluyong, Caloocan, Pasig, and Quezon City, particularly in delivering financial aid to beneficiaries severely affected by the COVID-19 pandemic.  SSS and the Department of Social Welfare and Development (DSWD) also tapped Paymaya  to distribute financial aid to beneficiaries of its Small Business Wage Subsidy (SBWS) and Social Amelioration Program (SAP). Furthermore, it has powered the digital payment facilities of LGUs such as Valenzuela and Taguig. Through its app and wallet, PayMaya  provides millions of Filipinos with the fastest way to own a financial account with over 40,000 Add Money touchpoints nationwide, more than double the total number of traditional bank branches in the Philippines combined. Its Smart Padala by PayMaya network of over 30,000 partner touchpoints nationwide serves as last mile digital financial hubs in communities, providing the unbanked and underserved with access to services. .....»»

Category: sportsSource:  abscbnRelated NewsAug 3rd, 2020

CSFP beefs up streamlining of online business payments

CITY OF SAN FERNANDO, Pampanga, July 22 (PIA) -- The city government signed a tripartite agreement with MYEG Philippines, Inc. and the Development Bank of the Philippines (DBP), to beef up streamli.....»»

Category: newsSource:  manilanewsRelated NewsJul 23rd, 2020

UnionBank branches are open except in some select areas, as well as those on quarantine and local holiday.

To ensure your safety, we encourage you to bank from home – do your fund transfers, tax and bills payments, check deposits and other transactions online. If you absolutely need to, there’s a fast and easy way to deposit and withdraw using our ATMs, cash deposit machines and check deposit machines in selected branches......»»

Category: financeSource:  thestandardRelated NewsMay 14th, 2020

SSS taps PayMaya for online payments

PayMaya Philippines Inc., the digital financial services arm of PLDT’s Voyager Innovations, has teamed up with state-run Social Security System to enable the latter’s members to conveniently pay their contributions through the SSS mobile app......»»

Category: financeSource:  philstarRelated NewsDec 18th, 2019

LandBank income up 12% in Q1

GOVERNMENT-OWNED Land Bank of the Philippines’ (LandBank) net income grew by 12 percent to P4.75 billion in the first quarter from P4.26 billion in the same period last year. In…READ The post LandBank income up 12% in Q1 appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 20th, 2019

AgSur LGU hopes to level up with P392-M loan from Landbank

ROSARIO, Agusan del Sur, Nov. 12 - The local government unit (LGU) of Rosario, this province has sought the assistance of Land Bank of the Philippines (LANDBANK) to finance priority projects amount.....»»

Category: newsSource:  philippinetimesRelated NewsNov 13th, 2020

AgSur LGU hopes to level up with P392-M loan from Landbank

ROSARIO, Agusan del Sur, Nov. 12 - The local government unit (LGU) of Rosario, this province has sought the assistance of Land Bank of the Philippines (LANDBANK) to finance priority projects amount.....»»

Category: newsSource:  manilanewsRelated NewsNov 12th, 2020

PH eyes modest $31-M export deals at China expo participation

The Philippine delegation is targeting to attract over 1,300 buyers and generate a modest  $31 million worth export deals at the upcoming China International Import Expo (CIIE),  significantly lower than the $300 million the Philippines realized during last year’s China International Import Exposition (CIIE). Trade and Industry Secretary Ramon M. Lopez said the apparently lower sales target this year may mean on the spot deals only and may not include post CIIE sales attributed to said expo. “Factoring also that this year is Pandemic year. This is a hybrid show this year, where the goods are displayed but negotiations are done via the online B2B facility.  The target is also based on the reduced pavilion size this year, as well as the projected decrease in the number of buyers attending CIIE this year,” said Lopez. Philippine mango and pili nuts are among the products that will be showcased under the FOODPhilippines Pavilion. Already, DTI’s Export Marketing Board and the Center for International Trade Expositions and Missions (CITEM) facilitated initial talks with the Philippine delegation and 40 Chinese buyers in a video conferencing. These Chinese buyers are importers, distributors, and retailers. During last year’s CIIE, Philippine exhibitors booked around $300 million in sales at the second CIIE, more than double the $124 million recorded sales in 2018. This year’s third CIIE will be held on Nov. 5-10 in Shanghai. In the B2B session, Chinese buyers expressed interest in working together with Philippine companies that produce fresh fruits and vegetables, chocolates, healthy snacks, seafood, beverages, and condiments.  For this hybrid participation, there will be a mix of physical product presentation in the pavilion that will be facilitated by onsite officers from the DTI trade posts in China and online B2B matching activities between our companies in Manila and the Chinese buyers who will visit the Philippine booth in Shanghai, according to CITEM Executive Director Pauline Suaco-Juan. With the theme “Healthy and Natural,” 40 Philippine companies will exhibit and sample the country’s wide range of tropical fruits and vegetables, processed fruits and nuts, healthy snacks, seafood and marine products, and other premium food selections. The FOODPhilippines pavilion will feature interactive conference pods for the first time in CIIE to enable virtual business-to-business (B2B) activities and video conferencing. In place of actual Philippine exhibitors manning the booths, Philippine Commercial Counsellors will represent the government and exhibitors, promote exhibitor brands and products onsite, and relay all business leads and contacts generated during the show. The participation in CIIE is organized in partnership with the Foreign Trade Services Corps (FTSC) through the Philippine Trade & Investment Centers (PTICs) in Beijing, Shanghai, Guangzhou, and Hong Kong, and the Export Marketing Bureau (EMB). Government partners are the Department of Agriculture (DA) through the Office of the Agricultural Counsellor in Beijing (DA-OAC-Beijing) and the Department of Foreign Affairs (DFA). The Philippine mango and pili nuts are among the products that will be showcased under the FOODPhilippines Pavilion.project is likewise supported by business associations such as the Philippine Exporters Confederation, Inc. (PHILEXPORT) and the Federation of Filipino-Chinese Chambers of Commerce & Industry, Inc. (FFCCCII).          Leading the FOODPhilippines’ opening in CIIE are representatives from the Philippines and China, namely the Philippine Ambassador to China Jose Santiago Sta. Romana, Philippines’ DTI Secretary Ramon M. Lopez, FFCCCII President Dr. Henry Lim Bon Liong, and Deputy Director General Yang Weiqun from the Department of Asian Affairs of China’s Ministry of Commerce (MOFCOM). Under the FOODPhilippines delegation, 40 companies that will highlight tropical fruits and vegetables will be Hilas Marketing Corporation, Agrinurture, Inc., Mancoco Food Processing, Inc., Excellent Quality Goods Supply Company, Castillo Import Export Ventures Inc., Doxo International Trading, Magsasakang Progresibo Marketing Cooperative, See’s International Food Mfg, Corp., Century Pacific Agricultural Ventures, Inc., Team Asia Corporation, Eau de Coco, Inc., Eng Seng Food Products, Greenlife Coconut Products Philippines, Inc., Tongsan Industrial Development Corporation, Islandfun Inc., Limketkai Manufacturing Corporation (LMC), KLT Fruits, Inc., Zigmund Enterprise, Business Innovations Gateway, Inc., Sangkutsa Food Products, Inc., AG Grays Farm, Marigold Manufacturing Corporation, and the Federation of People’s Sustainable Development Cooperative. To show its goodwill to the Chinese market, the Philippine delegation will donate healthy products to Food Bank China as part of the launch of the Shanghai Food Bank Project with Liwayway China on November 5. The donation will include 200 packs of banana chips from Excellent Quality Goods Supply Company, 50 tuna packs of premium handline tuna from Century Pacific Food Inc., and bundles of virgin coconut oil (VCO) and various coconut products from Team Asia Corporation. The food donation to the Food Bank China serves as a way of giving back and a token of appreciation to the Chinese community for its continued support towards the Filipino representatives and communities in China, according to Commercial Vice Consul Mario Tani of the PTIC in Shanghai. Meanwhile, healthy snack varieties will be showcased by Magic Melt Foods Inc., Sandria’s Delicious Concept, Vegetari Vegetarian Products, Market Reach International Resources, SL Agritech Corporation, and the Philippine Franchise Association. Tuna and other seafood selections will be presented by Century Pacific Food Inc., Universal Canning, Inc., Fisher Farms, Incorporated, Jam Seafoods, Inc., Phil. Union Frozen Foods, Inc., and Gerabuenas Trading. Likewise, premium food selections will be offered by Global Basic Co., Ltd, Subic Superfood Incorporated, Chocoloco, Inc., Filipinas de Oro de Cacao, Inc., and Seabeth Food Processing......»»

Category: newsSource: NewsNov 8th, 2020


SIMULA sa Oktubre 2020, ang Social Security System ay may sinusunod na bagong iskedyul ng pagbibigay ng buwanang pension gamit ang Philippine Electronic Fund Transfer System and Operations Network (PESONet). Sakop ng bagong iskedyul ang mga pensyonado na nakatatanggap ng kanilang pensyon sa pamamagitan ng PESONet participating banks, e-wallets at ng Development Bank of the […] The post BAGONG ISKEDYUL NG SSS SA PAGBIBIGAY NG MONTHLY PENSION appeared first on REMATE ONLINE......»»

Category: newsSource:  remateRelated NewsNov 7th, 2020

Metrobank online transfers free of charge until year-end

Fund transfers through the online platforms of Met­ropolitan Bank and Trust Co. will remain free of charge until Dec. 31, 2020......»»

Category: financeSource:  philstarRelated NewsNov 7th, 2020

Metrobank extends free online bank transfers

Metropolitan Bank and Trust Co. said Instapay and PESONet transactions done via the Metrobank Mobile App and the new Metrobank Online website will remain free of charges until Dec. 31, 2020......»»

Category: financeSource:  thestandardRelated NewsNov 3rd, 2020

Afghanistan mourns after 22 killed in university attack

Stunned students demonstrated outside Kabul University on Tuesday after at least 22 people were killed in a brutal, on-campus attack claimed by the Islamic State group. A journalist walks inside of a damaged class of the National Legal Training center, a day after gunmen stormed Kabul university in Kabul on November 3, 2020. – Stunned students demonstrated outside Kabul University on November 3 after at least 22 people were killed in a brutal, on-campus attack claimed by the Islamic State group. (Photo by WAKIL KOHSAR / AFP) Holding banners stating: “Stop Killing Us”, the small gathering came as Afghanistan observed a national day of mourning and the first funerals were expected. Monday’s assault at the popular university near central Kabul saw three attackers — one of whom blew himself up — rampage through the campus, shooting students in their classrooms. IS also claimed a similar attack on an educational centre in Kabul less than two weeks ago that killed 24 people. Afghan security forces have been grappling with surging violence that has only worsened in recent months despite the government holding peace talks with the Taliban in Qatar. The insurgent group have said they were not involved in Monday’s attack, but Vice President Amrullah Saleh blamed them and their supporters in Pakistan. The Taliban have in turn blamed “evil elements” that have “sought refuge” with the Kabul administration, accusing the government of harbouring and assisting militants. Fraidoon Ahmadi, a 23-year-old student, told AFP on Monday he was in class when gunfire broke out. “We were very scared and we thought it could be the last day of our lives… boys and girls were shouting, praying and crying for help,” Ahmadi said. He said he and other students were besieged for more than two hours before being rescued. Images posted online showed what appeared to be the bodies of slain students lying by desks and chairs. Zalmay Khalilzad, the US special envoy who helped bring the warring Taliban and Kabul government together for talks, urged the two sides to accelerate a political settlement. “This barbaric attack is NOT an opportunity for the government and the Taliban to score points against each other. There is a common enemy here,” he tweeted.  “Deny ISIS or any other terrorist the space to carry out these inhumane acts,” he added, using another name for the terrorist group. President Ashraf Ghani has vowed to take revenge for the assault, with an investigation underway to determine how the gunmen entered the university with weapons. .....»»

Category: newsSource: NewsNov 3rd, 2020

LGUs asked to tap LandBank& rsquo;s P300-b credit financing

The Department of Finance over the weekend asked chief executives of local government units to use their healthy borrowing position by availing of the largely untapped P300-billion credit financing window of state-owned Land Bank of the Philippines to bankroll projects that will help the country recover from the coronavirus-induced global economic crisis......»»

Category: financeSource:  thestandardRelated NewsNov 3rd, 2020

Landbank bags two international awards

Government-owned Land Bank of the Philippines recently bagged two international awards for its development projects on climate financing and digital account opening system......»»

Category: financeSource:  philstarRelated NewsNov 1st, 2020

LandBank loans to 639 LGUs hit P51.3-B as of Sept 2020

CALOOCAN CITY, Oct. 31 (PIA) -- Land Bank of the Philippines (LandBank) has extended a total of P51.3 billion in outstanding loans to 639 local government units (LGUs) as of end-September 2020, as.....»»

Category: newsSource:  philippinetimesRelated NewsOct 31st, 2020

LandBankearns int l awards for climate financing, digital innovation

CALOOCAN CITY, Oct. 30 (PIA) -- Land Bank of the Philippines (LandBank) bagged two awards for its outstanding development projects on climate financing and digital account opening at the Associatio.....»»

Category: sportsSource:  abscbnRelated NewsOct 30th, 2020

Online concert taps into& nbsp;community spirit& nbsp;anew

Gardenia Philippines gathered some of the best musical acts in the country to perform in a free virtual concert to celebrate Happy Bread Day. The event, which happened on Oct. 24 was streamed live via Facebook......»»

Category: entertainmentSource:  thestandardRelated NewsOct 29th, 2020

Landbank’s agriculture loan portfolio expands to P230 billion in 9 months

The Land Bank of the Philippines’ total loan portfolio to the agriculture sector expanded to P230.34 billion as of end-September, as its intensified lending activities enabled it to reach more than two million farmers this year......»»

Category: financeSource:  philstarRelated NewsOct 28th, 2020

LandBank to issue P3-B Sustainability Bonds

CALOOCAN CITY, Oct. 25 (PIA) -- State-run Land Bank of the Philippines (LandBank) is set to issue its first-ever Sustainability Bonds offer to fund environmental and social projects.LandBank.....»»

Category: newsSource:  philippinetimesRelated NewsOct 25th, 2020


MALAKI pala ang nawawalang pondo sa DPWH batay sa pinakahuling report ng Commission on Audit kung saan umaabot sa 1.3 bilyon ang napunta naman sa ilang kontratista ng 250 distrito sa buong bansa. Ang naturang halaga ay nakubra ng contractors bilang advance payments sa 551 na proyektong tapos na at tinatrabaho pa lang mula noong […] The post 1.3B KINULIMBAT NG CONTRACTORS SA DPWH appeared first on REMATE ONLINE......»»

Category: newsSource:  remateRelated NewsOct 25th, 2020