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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......»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

PDIC settles P614 million in deposit insurance claims

State-run Philippine Deposit Insurance Corp. has settled P614 million in deposit insurance covering 15,796 accounts from padlock banks in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

PDIC studying increase in bank deposit protection limit

The Philippine Deposit Insurance Corp said that it is conducting a study to determine if the current protection limit of P500,000 should be increased along with the introduction of other measures to “instill market discipline”......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Transactions in coin deposit machines near P400 million

More and more Filipinos are using the coin deposit machines deployed by the Bangko Sentral ng Pilipinas in major malls across the metropolis as part of its coin recirculation program......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Quintanilla, Ng seek strong start as Philippine Ladies Open unfolds

The Philippine Ladies Open unwraps Tuesday, February 20, at the Manila Golf Club in Makati City, promising a rousing start from a curious mix of 59 players, including seasoned internationalists and emerging junior golf talents......»»

Category: sportsSource:  philstarRelated NewsFeb 19th, 2024

ICTSI Ladies Apo Golf Classic: Ababa moves past Fortuna, Singson

Sarah Ababa drained a lengthy birdie putt on No. 17 to spike a gutsy 72, pulling ahead by one over Mikha Fortuna and rookie Mafy Singson in an unpredictable start to the P1-million ICTSI Ladies Apo Golf Classic......»»

Category: sportsSource:  philstarRelated NewsMar 12th, 2024

Jewel in the Palace continues story with Lee Young Ae reprising role after 20 years

"Dae Jang Geum," or more popularly known in the Philippines as "Jewel in the Palace," is set to continue the story of Jang Geum two decades since she became the first royal physician. .....»»

Category: entertainmentSource:  philstarRelated NewsJan 31st, 2024

LIFE’ by Pope Francis

In a book that was newly released, Pope Francis tells the story of his life for the first time. Fittingly, the title of the book is “LIFE: My Story through History” published by Harper Collins, Italia, 2024......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

Women writers in detention continue to fight for freedom

In this story, Bulatlat highlights the story of women writers who are in detention for expressing their criticism and dissent through their craft. The post Women writers in detention continue to fight for freedom appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 24th, 2024

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.".....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

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.".....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 10th, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsJan 29th, 2024

Marcos hails ICTSI subsidiary ‘success story’

President Marcos yesterday led the launch of the expansion of the Australia subsidiary of the Manila-based International Container Terminal Services Inc., calling the development a “Philippine success story” and harbinger of a “more dynamic and fruitful collaboration” between Manila and Canberra......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

BSP collects P510 million via coin deposit machines

The Bangko Sentral ng Pilipinas has collected over half a billion pesos worth of coins as part of efforts to bring them back to circulation and address the shortage due to improper storage or disposal......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

How ‘The Simon and Garfunkel Story’ musical harmonizes generations

Audiences from different generations sang along and reveled in the one-night-only performance of The Simon and Garfunkel Story as timeless melodies of folk-rock duo Paul Simon (played by James William Pattison) and Art Garfunkel (Charles Blyth) filled The Theatre at Solaire......»»

Category: newsSource:  philstarRelated NewsMar 12th, 2024

What s the most “Only in the Philippines” investment story you’ve ever heard?

Thank you to all the readers who participated in this Free Stuff Friday survey and shared their most “Only in the Philippines” investment story......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Two sides of story: UST juniors football team makes stand after punching incident in UAAP final

The UST Junior Golden Booters ask fans to look at two sides of the story after their goalkeeper, Ben Sabuga, punched FEU Baby Tamaraws defender Bryan Villanueva at the end of the UAAP boys' football final.....»»

Category: newsSource:  rapplerRelated NewsMar 1st, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Government raises P330 million from asset disposals in 2023

The Philippine Deposit Insurance Corp. raised some P330 million from disposing assets of padlocked banks last year......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024