Finances Archives - MoneySense Philippines

Tonik Launches as First Neobank in the Philippines

March 22, 2021March 22, 2021 Edlen Vanezza Bayaton-Obispo 0 Comments

With game-changing deposit interest rates of up to 6% p.a., Tonik offers deposit, payment, and card products to consumers through its revolutionary proprietary app. Manila, 18 March 2021 –

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BPI AMTC launches “Wealth Radio” podcast channel on Spotify

January 29, 2021February 20, 2021 MoneySense 0 Comments Bank of the Philippine Islands, BPI, BPI AMTC, BPI AMTC President, financial freedom, Philippines, podcast, Sheila Marie U. Tan, Spotify, The Morning View, Wealth Radio

BPI Asset Management and Trust Corporation (AMTC), a wholly owned subsidiary of the Bank of the Philippine Islands (BPI), is

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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

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SM Prime Sets Interest Rates for Retail Bonds Series M and N

January 26, 2021January 26, 2021 MoneySense 0 Comments investments, John Nai Peng C. Ong, Philippine Rating Services Corporation, Philippines, Philratings, retail bonds, Securities and Exchange Commission, SM Prime, SM Prime CFO, SM Prime Holdings

SM Prime Holdings, Inc. (SM Prime) has set the interest rates for its Peso-denominated Series M, 2.5-year retail bond at

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SSS releases circulars on new contribution schedule

December 29, 2020December 29, 2020 MoneySense 0 Comments Aurora Ignacio, contribution rate, employed members, monthly contribution, OFW members, Philippines, Social Security System, SSS, SSS contribution, SSS contribution schedule, SSS member

The Social Security System‘s (SSS’) new contribution schedule is set to take effect January 2021 pursuant to Republic Act No.

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Money-Saving Tips When Planning a Home Improvement Project

December 21, 2020December 21, 2020 MoneySense 0 Comments bank loans, borrowing, Debt, financing, furniture, home improvement, home repair, loans, money saving tips, Philippines, tips, waste

A home improvement or renovation project is a big endeavor that requires time and effort. It also costs a lot

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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

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SEC scores legal victory against perpetrators of investment scam

December 14, 2020December 14, 2020 MoneySense 0 Comments Celia Pascua, Emilio Aquino, investment scam, Mary Jane P. Recto, PAG-IBIG, Philippines, RJF, RJF Construction, Rolando R Pascua Jr, scammers, scams, SEC, Securities and Exchange Commission

The Securities and Exchange Commission (SEC) scored a legal victory over perpetrators of an investment scam after a Quezon City

Finances Government News Press Release Taxes

Tax Academy courses mandatory for hiring, promotion of employees in BIR, BOC, BLGF starting 2021

December 8, 2020December 8, 2020 MoneySense 0 Comments Bureau of Customs, Bureau of Internal Revenue, Carlos Dominguez III, Ceasar Dulay, Department of Finance, Local Government Finance, local treasurers, Philippines, PTA, Rey Leonardo Guerrero, tax academy, tax academy courses

Relevant training courses offered by the Philippine Tax Academy (PTA) will become mandatory for the hiring or promotion of employees

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

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SSS releases P25.2B for December and 13th month pensions; early crediting starts on Dec. 1

November 27, 2020November 27, 2020 MoneySense 0 Comments Aurora Ignacio, checks, DBP Cash Padala, Mhuiller, PayMaya, PESONet, Philippine Social Security System, Philippines, PhilPost, Social Security System, SSS

The Social Security System (SSS) through Development Bank of the Philippines (DBP) has already released its December pension and 13th

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BDO Branches are now open with longer hours

November 19, 2020November 19, 2020 MoneySense 0 Comments Banco de Oro, BDO, BDO branches, BDO Network Bank, BDO president, BDO Unibank, EGCQ, GCQ, Nestor Tan

Branches of BDO Unibank, Inc. and BDO Network Bank are all open to serve more clients amid the General Community

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SEC approves financial reporting framework for banks, other financial institutions

November 18, 2020November 18, 2020 MoneySense 0 Comments accounting, audited financial statements, Bangko Sentral ng Pilipinas, banks, bsp, Emilio Aquino, financial institutions, financial reporting framework, financial statements, Philippines, SEC, Securities and Exchange Commission, Securities Regulation Code

The Securities and Exchange Commission (SEC) has approved an industry-specific framework for the preparation of the audited financial statements (AFS)