Economy Archives - MoneySense Philippines

New Global Report Demonstrates FedEx Economic Impact

November 19, 2022November 21, 2022 MoneySense 0 Comments

FedEx Corp. (NYSE: FDX) today released the findings from its 2022 report that analyzed the company’s impact on the global

BSP eyes tighter laws against currency counterfeiting and coin hoarding

January 27, 2022January 27, 2022 MoneySense 0 Comments Bangko Sentral ng Pilipinas, Benjamin Diokno, bsp, BSP governor, coin hoarding, counterfeiting, currencies, currency

The Bangko Sentral ng Pilipinas (BSP) is preparing legislative proposals that aim to raise the penalty of imprisonment for crimes

Banking Economy Education Government News Opinion

BSP governor Diokno shares Covid-19 lessons at international forum

December 2, 2021December 2, 2021 MoneySense 0 Comments Bangko Sentral ng Pilipinas, Bank for International Settlements, Benjamin Diokno, bsp, BSP governor, Covid-19 lessons, fallacy of composition, Financial Stability Board, global financial crisis, Philippines

Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said that a main lesson from the COVID-19-induced recession is how interlinkages

SEC OKAYS HAUS TALK IPO, EEI PREFERRED SHARE OFFER

Business Business Titans Economy Government Investments News Press Release Stocks Wealth

SEC okays Medilines IPO, Sta Lucia Land FOO

October 12, 2021October 12, 2021 MoneySense 0 Comments China Bank Capital, common shares, follow on offering, initial public offering, ipo, lead underwriter, main board, medical consummables, Medilines, Medilines Distributors Incorporated, Medilines IPO, Philippine Stock Exchange, Philippines, PNB Capital, SEC, secondary offering, Securities and Exchange Commission, sole bookrunner, sole issue manager, Sta Lucia Land, Virgilio B Villar

The Securities and Exchange Commission (SEC) has considered favorably the maiden share offering by Medilines Distributors Incorporated and a follow-on

CIMB Bank Philippines digital transactions

Banking Digital Banking Economy Financial Products Government News Payments Press Release Tools

CIMB Bank Philippines sees big jump in value of digital transactions

October 7, 2021October 7, 2021 MoneySense 0 Comments CIMB, CIMB Bank Philippines, deposits, digital banking, digital credit, digital transactions, digitalization, Filipinos, financial inclusion, Philippines, REVI Credit

CIMB Bank Philippines said on Thursday that the gross transaction value of its digital transactions in the first nine months

Pre-owned or New? Your Guide to Which Property to Invest In

Banking Economy Loans Opinion Press Release

AUB offers rate shield to homebuyers

October 5, 2021October 5, 2021 MoneySense 0 Comments Asia United Bank, AUB AVP, Bangko Sentral ng Pilipinas, borrowing, bsp, Filipinos, home borrowers, home loans, home rate protect, HRP, interest rates, mortgage, Philippines, policy rate, preferred home loan, rates, Reginald Neil P. Garcia

The COVID-19 global pandemic has ushered in a prolonged period of low interest rates, with the Bangko Sentral ng Pilipinas

Banking Economy News Press Release

China Bank first quarter 2021 net income up 61% to P3.6 billion

April 29, 2021April 29, 2021 MoneySense 0 Comments banking, CASA, China Bank, China Bank CFO, China Bank president, China Banking Corporation, Covid-19, CREATE law, net income, pandemic, Patrick Cheng, Philippines, William C. Whang, William Whang

China Banking Corporation (China Bank, PSE stock symbol: CHIB) sustained its profitability in the first quarter of 2021, posting 61%

Banking Cards Career Corporate Social Responsibility Deposits Digital Banking Economy Featured Inspiration News Tech

TG Limcaoco: BPI’s new ‘geek’ president and CEO plots the bank’s course in digital banking

April 23, 2021April 23, 2021 Elena Torrijos 0 Comments Bank of the Philippine Islands, Bong Consing, BPI, BPI CEO, BPI president, branch transformation, Citi, Citibank, Covid-19, credit cards, customer experience, digital banking, digital technology, digitalization, environment, ESG, inclusive banking, pandemic, savings, sustainable banking, TG Limcaoco

New Bank of the Philippine Islands (BPI) president and CEO Jose Teodoro “TG” Limcaoco, 59, wants to turn the publicly-listed

Economy News Opinion Press Release

Philippines must accelerate vaccine rollout to jumpstart economic recovery: BDO

April 1, 2021April 1, 2021 MoneySense 0 Comments ARISE, BDO, BDO chief investment officer, BDO Unibank, covid, Covid-19, economy, Enhanced Community Quarantine, Frederico Rafael "Fritz" D. Ocampo, pandemic, Philippines

As government mulls extending the enhanced community quarantine (ECQ) in the so-called NCR Plus bubble until April 18 to slow

BPI posts 4Q2021 net income of P6.4 billion

Banking Economy News Press Release

PNB posts P2.6 billion net income for 2020

March 18, 2021March 18, 2021 MoneySense 0 Comments 2020, banking, loan provisions, net income, pandemic, Philippine National Bank, Philippines, PNB, Wick Veloso

Philippine National Bank (PSE: PNB) closed the year 2020 with a net income of P2.6 billion, 73% lower than that

Banking Economy News Opinion Press Release

BPI lead economist sees continued Philippine economic improvement

March 5, 2021March 5, 2021 MoneySense 0 Comments Bank of the Philippine Islands, banking, BPI, economy, GDP, Jun Neri, Philippines

Bank of the Philippine Islands’ (BPI) lead economist Jun Neri sees a strong but only partial recovery of 2019 output

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,

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’

Banking Economy Finances News Press Release Savings

BPI nets P21.4 billion for 2020 amid economic slowdown

January 28, 2021 MoneySense 0 Comments Bank of the Philippine Islands, BPI, Philippines

Bank of the Philippine Islands posted Net Income of P21.4 billion in 2020, a 25.7% decline from the P28.8 billion

BSP and MAS to Pursue Cross-Border Payment Linkages

Banking Digital Banking Economy Government News Press Release

BSP Establishes Guidelines on Virtual Asset Service Providers

January 26, 2021January 26, 2021 MoneySense 0 Comments AML, Bangko Sentral ng Pilipinas, Benjamin Diokno, BSP governor, digital banking, financial technology, financing, fintech, framework, licensing, liquidity risk management, Monetary Board, money service business, MSB, peso, Philippines, VASP, VASPs, VCE, virtual asset, virtual asset service providers, virtual assets, virtual currency, virtual currency exchange

The Monetary Board (MB) approved the guidelines on virtual asset service providers (VASP), or entities that facilitate financial services through

SEC CANCELS ECO HATCHERY’S CORPORATE REGISTRATION OVER UNAUTHORIZED INVESTMENT SCHEME

Business Corporate Social Responsibility Cybersecurity Economy Government News Press Release

DOF launches anti-corruption website

January 5, 2021January 5, 2021 MoneySense 0 Comments anti-corruption, Bureau of Customs, Bureau of Internal Revenue, Carlos Dominguez III, Department of Finance, DOF, DOJ Mega Task Force, Menardo Guevarra, Philippines, Revenue Integrity Protection Service, RIPs, Sonny Dominguez

The office of Finance Secretary Carlos Dominguez III has announced the launch of its “Information against Corruption Page” on the

Economy Finances Insurance Investments News Opinion Press Release Stocks

Sun Life expects PSE index to hit 8,000 in 2021, GDP to post 4-5% growth

December 16, 2020December 16, 2020 MoneySense 0 Comments Mike Enriquez, Philippine Stock Exchange, Philippines, PSE Index, psei, SLAMCI, stocks, Sun Life, Sun Life Asset Management Company, Sun Life Philippines, Sun Life Prosperity Bond Fund, Sun Life Prosperity Equity Fund, Sun Life Prosperity Funds, Sun Life Prosperity Money Market Fund

Sun Life Philippines is expecting the Philippine economy to have a U-shaped type of recovery and a return to trend

Banking Economy News Press Release

Moody’s affirms China Bank’s investment grade rating, stable outlook

December 4, 2020December 4, 2020 MoneySense 0 Comments China Bank, China Banking Corporation, Philippines, William Whang

Moody’s Investors Service has retained China Banking Corporation’s (China Bank) investment grade long-term foreign currency counterparty risk and long-term foreign

Cybersecurity Deposits Digital Banking Economy Financial Products Fintech Government News Press Release Savings

BSP introduces digital banking framework

November 26, 2020November 26, 2020 MoneySense 0 Comments Bangko Sentral ng Pilipinas, Benjamin Diokno, bsp, BSP governor, cybersecurity, digital bank, digital financial ecosystem, Monetary Board, Philippines

The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has approved the recognition of digital bank as a new

← Previous