MoneySense, Author at MoneySense Philippines

SEC makes payments easy with online portal

March 1, 2021 MoneySense 0 Comments Emilio Aquino, Emilio B. Aquino, Land Bank of the Philippines, payments, Philippines, registration, SEC, SEC chair, SEC Payment Portal, Securities and Exchange Commission, transaction fees

Paying registration and other transaction fees in the Securities and Exchange Commission (SEC) is now faster, more convenient, and secure

Banking News Press Release

China Bank nets P12.1 billion in 2020, up 20%; hits P1 trillion in assets

February 26, 2021February 26, 2021 MoneySense 0 Comments Banking for Your Future Kiddie Savings Program, China Bank, deposits, earnings, interest income, net income, Philippines, profit, William Whang

China Banking Corporation (China Bank, PSE symbol: CHIB) concluded a challenging year with P12.1 billion net income, 20% higher compared

Banking Digital Banking Government News Payments Press Release

BSP creates Payments and Currency Management Sector, names new deputy governor

February 24, 2021 MoneySense 0 Comments Bangko Sentral ng Pilipinas, Benjamin Diokno, central bank, digital money, digital transformation, e-peso, financial services, Mamerto E. Tangonan, mobile money, Payments and Currency Management Sector, PCMS, Philippines, physical currency, USAID

The Bangko Sentral ng Pilipinas (BSP) has recently established the Payments and Currency Management Sector (PCMS) which is tasked to

Banking News Press Release

BDO posts P28.2 billion net income in 2020

February 24, 2021February 24, 2021 MoneySense 0 Comments bad loans, Banco de Oro, banking, BDO, BDO Unibank, interest income, net income, Philippines, profit, provisions, Sy family

BDO Unibank, Inc. (BDO) posted a net income of P28.2 billion in 2020 from P44.2 billion in 2019, due mainly

Bonds Government Investments IPO News Press Release

SEC clears Aboitiz Power’s bond offering, Ace Medical Center – Palawan’s IPO

February 24, 2021February 24, 2021 MoneySense 0 Comments Aboitiz, Aboitiz Power, ACE, Ace Medical Center, ACE Medical Center - Palawan, Allied Care Experts, bond, ipo, Palawan, Philippines, SEC, Securities and Exchange Commission

The Securities and Exchange Commission (SEC) has considered favorably the public fundraising of Aboitiz Power Corp. and Allied Care Experts

Economy News Opinion

ING Bank: The alphabet of CQ; does it really matter for the economy?

February 23, 2021February 23, 2021 MoneySense 0 Comments community quarantine, economist, ING Bank, Karl Kendrick Chua, Nicholas Mapa, Philippines

Over the course of the pandemic, we’ve been introduced to varying versions of CQ (community quarantine). There was plain old

Banking Economy Government News Press Release

SEC releases draft implementing rules of FIST Act

February 19, 2021February 19, 2021 MoneySense 0 Comments Bangko Sentral ng Pilipinas, BIR, economy, Financial Institutions Strategic Transfer, FIST, FIST Act, IRR, NEDA, non-performing assets, Philippines, securities, Securities and Exchange Commission

The Securities and Exchange Commission (SEC) has released the draft Implementing Rules and Regulations (IRR) of Republic Act No. 11523,

Business Government Insurance News Press Release

IC targets rollout of Catastrophe Insurance Facility in first quarter

February 18, 2021February 18, 2021 MoneySense 0 Comments Carlos Dominguez III, catastrophe insurance, catastrophe insurance facility, Dennis Funa, disaster, Filipinos, Finance Secretary, Insurance Commission, Insurance Commissioner, Philippines

The Insurance Commission (IC) is targeting to roll out in the first quarter of 2021 the Philippines’ first private sector-led

Government Investments News Press Release Property

SEC okays DoubleDragon’s REIT offering

February 17, 2021February 17, 2021 MoneySense 0 Comments CIMB Investment Bank, Credit Suisse, DDMP, dividend, DoubleDragon, DoubleDragong Properties Corp, Investing, investment, leasing, Macquarie Capital, Maybank Kim Eng Securities, Philippines, Property, Real Estate, real estate investment trust, REIT, SEC, Securities and Exchange Commission

The Securities and Exchange Commission (SEC) has considered favorably the nearly P14.71 billion initial public offering (IPO) of a real

Government Investments News Press Release Scams

SEC cancels Chiyuto’s OPC registration over illegal investment scheme

February 16, 2021 MoneySense 0 Comments capital, Chiyuto, Chiyuto Creative Wealth Documentation Facilitation Services, Filipinos, Investing, investment, Patrocenio Calvez Chiyuto Jr, Philippines, Ponzi scheme, SEC, securities, Securities and Exchange Commission

The Securities and Exchange Commission (SEC) has revoked the certificate of incorporation of Chiyuto Creative Wealth Documentation Facilitation Services for

Government Investments News Press Release Scams

SEC warns against crypto, crowdfunding, and franchising scams

February 16, 2021February 16, 2021 MoneySense 0 Comments Aarron Bates, Abdul Rehman Sandhu, Asim Mirza, BitAccelerate, Bitaccelerateproject.com, BitAccelerator, Equity Token, Florian Krueger, i100, Igniter 100, Jams Mart, Nino Luis A. Jamili, Nino Luis Jamili, Philippines, SEC, securities, Securities and Exchange Commission, Securities Regulation Code, Serge Meulenbelt, Solmax Global Limited, Steven Lubka, Thelma Dhlovu

The Securities and Exchange Commission (SEC) has warned the public against individuals and groups engaged in unauthorized investment-taking activities disguised

Economy Government News Press Release

6 of 30 institutions correctly predicted Philippines’ GDP of -9.5% for 2020

February 11, 2021February 11, 2021 MoneySense 0 Comments ADB, BDO Unibank, BPI, Capital Economics, DBS, DBS Bank, Department of Finance, economy, Finance Secretary Carlos Dominguez III, financial institutions, GDP, Gil Bletran, Global Source Partners, Goldman Sachs, gross domestic product, Institute of International Finance, Morgan Stanley, Philippine National Bank, Philippines, RCBC, Rizal Commercial Banking Corp, S&P Global Ratings

A fifth of the 30 institutions polled by the Department of Finance (DOF) correctly predicted the contraction of the Philippines’

Corporate Social Responsibility Government Press Release

Partnership for Fishers’ Financial Education Launched

February 8, 2021February 8, 2021 MoneySense 0 Comments Bangko Sentral ng Pilipinas, BDO, BDO Foundation, Benjamin Diokno, bsp, Filipino fishermen, Filipinos, fishers, Patrick Wesner, Philippines, William Dar

The Department of Agriculture through the Bureau of Fisheries and Aquatic Resources (DA-BFAR), the Bangko Sentral ng Pilipinas (BSP), BDO

Featured Magazine Issue

MoneySense Q1 2021 Investing Issue Features Ron Acoba

February 6, 2021February 11, 2021 MoneySense 0 Comments

Ron Acoba is not your typical stock market guru. He doesn’t have books to sell, a YouTube channel to promote,

Digital Banking Government Loans News Payments Press Release Retirement

Compulsory use of payment reference numbers for short-term SSS loan payments starts April 1

February 5, 2021February 5, 2021 MoneySense 0 Comments Aurora C. Ignacio, BancNet, banking, banks, digitization, egov, loans, ofw, overseas filipino workers, overseas worker, payment reference numbers, Philippine National Bank, Philippines, PRN, PRN loan payments, social security, SSS, SSS loan

Computer-generated payment reference numbers (PRNs) will be required for short-term loan payments starting April 1, 2021, state fund Social Security

Government Investments News Press Release Scams Wealth

SEC stops Chiyuto’s illegal investment scheme

February 4, 2021February 12, 2021 MoneySense 0 Comments Chiyuto, Chiyuto Creative Wealth Documentation Facilitation Services, double-your-money, Judy B Pajarillo, Maricris Can Chiyuto, Patrocenio Chiyuto Jr, Philippines, roulette game, SEC

The Securities and Exchange Commission (SEC) has barred Chiyuto Creative Wealth Documentation Facilitation Services from soliciting investments from the public