Press Release Archives - MoneySense Philippines

BDO and American Express bring Shop Small to the Philippines

April 8, 2021April 8, 2021 MoneySense 0 Comments American Express, BDO, BDO consumer banking marketing head, credit cards, entrepreneurship, local businesses, Nanette Regala, Philippines, Philippines businesses, rewards, Sanjiv Malhotra, Shop Small

BDO and its partner American Express are coming together to support local businesses, which have been hit hardest by the

Government News Press Release

SEC extends deadline for GIS submission

April 5, 2021April 5, 2021 MoneySense 0 Comments accounting, annual meeting, auditing, companies, compliance, corporate, corporation, general information sheet, GIS, Philippines, SEC, Securities and Exchange Commission

The Securities and Exchange Commission (SEC) has extended the deadline for the submission of the General Information Sheet (GIS) to

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

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

SSS taps BPI as new payment gateway in mobile app

Business Digital Banking Government News Press Release Taxes Tech Tools

BIR has TIN verifier app for taxpayers

March 8, 2021March 8, 2021 MoneySense 0 Comments app store, Arnel Guballa, BIR, BIR deputy commissioner, Bureau of Internal Revenue, mobile TIN, Philippines, revenue memorandum, Taxpayer Identification Number, TIN Verifier app

The Bureau of Internal Revenue (BIR) has launched its Mobile Taxpayer Identification Number (TIN) Verifier app that lets taxpayers validate

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

Digital Banking Government News Payments Press Release

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

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