pandemic Archives - MoneySense Philippines

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

Advertisers Family Finances Financial Products Insurance Lifestyle News Press Release

Sun Life remains most trusted life insurance brand in the Philippines: survey

November 18, 2020November 18, 2020 MoneySense 0 Comments Benedict Sison, Campaigns Asia, Covid-19, Filipinos, Insurance Commission, Life Insurance, new business annual premium equivalent, Nielsen, pandemic, survey, Top 100 Brands, Top 100 Brands in the Philippines

Sun Life of Canada (Philippines), Inc. (“Sun Life”) remains to be the Filipinos’ most trusted life insurance brand, according to

Economy News Opinion Property

Metro Manila to post highest office vacancy since Global Financial Crisis: Colliers

October 29, 2020November 2, 2020 MoneySense 0 Comments Colliers, Colliers International, covid, outsourcing, pandemic, Philippine offshore gaming operators, Philippines, POGO, Real Estate

Metro Manila is still facing a challenging leasing market as Philippine offshore gaming operators (POGOs) have been vacating space, and

Cards Debt Digital Banking Finances Press Release

Philippine credit card billings drop 27% in first half of 2020: CCAP

October 6, 2020October 6, 2020 MoneySense 0 Comments CCAP, Covid-19, credit, Credit Card Association of the Philippines, credit cards, credit score, pandemic, Philippines

The Philippines’ credit card industry, like many other sectors, has not been spared the adverse effects of the country’s widespread

Stopping Loan Payments or Loan Default: What It Can Do to You

Cards Debt Government Loans News Press Release

SEC urges capping of consumer and payday loan interest rates

October 1, 2020October 1, 2020 MoneySense 0 Comments Bangko Sentral ng Pilipinas, Benjamin Diokno, bsp, consumer loans, covid, Covid-19, credit cards, Emilio Aquino, installment, interest rates, pandemic, payday loan, Philippines, SEC, Securities and Exchange Commission

The Securities and Exchange Commission (SEC) has hailed the central bank’s move to cap charges on credit card transactions, raising

Debt Loans News

BPI Family Savings Bank launches variable-amortization auto and home loan

September 30, 2020September 30, 2020 Elena Torrijos 0 Comments amortization, auto loan, Bank of the Philippine Islands, borrowing, BPI, BPI Family Savings Bank, covid, Covid-19, Cristina Go, Ginbee Go, home loan, housing loan, pandemic, Philippines, Step Up Payplan

A new loan product by BPI Family Savings Bank (BFSB) allows borrowers to buy a home or vehicle at relatively

SEC LAUNCHES ONE-DAY ONLINE PROCESSING IN NEW COMPANY REGISTRATION SYSTEM

Government Loans News Press Release

LANDBANK unveils new ‘i-STUDY’ educational loan program

September 14, 2020September 14, 2020 MoneySense 0 Comments Cecilia Borromeo, college tuition, Coronavirus, covid, education, enroll, financial assistance, interim students loan, Istudy, Land Bank of the Philippines, Landbank, lending program, loans, pandemic, Philippines, school, students, study, tuition fee

Families in need of financial assistance to be able to continue sending their students to school amid the coronavirus-induced economic

Cybersecurity Digital Banking Government News Press Release

BSP advises consumers to practice cyber hygiene in online financial transactions

August 5, 2020August 5, 2020 MoneySense 0 Comments Bangko Sentral ng Pilipinas, bsp, Consumer Assistance Management Systems, covid, Covid-19, cyber hygiene, cybersecurity, digital financial services, digital literacy, online banking, pandemic, Philippines

The Bangko Sentral ng Pilipinas (BSP) advises financial consumers to observe cyber hygiene when making online financial transactions. Cyber hygiene

BSP REQUIRES DESIGNATED PAYMENT SYSTEMS TO ADOPT INTERNATIONAL STANDARDS

Digital Banking Finances Financial Products Government Payments

Banked population is on the rise, latest BSP survey shows

July 16, 2020July 16, 2020 MoneySense 0 Comments Bangko Sentral ng Pilipinas, bank, banking, bsp, Covid-19, digital banking, digital finance, digital financial services, digital payments, DOLE, DOTR, DSWD, emoney, Filipinos, financial inclusion, fintech, InstaPay, MFI, microfinance, money, online banking, pandemic, payments, PESONet, Philippines, QR code, unbanked

The share of Filipino adults who own an account climbed to 29% in 2019 from 23% in 2017, according to

Education Finances Loans News Press Release

Landbank offers direct ‘study-now-pay-later’ loan program for students

July 9, 2020 MoneySense 0 Comments Cecilia Borromeo, CHED, Commission on Higher Education, Covid-19, Department of Education, education, Istudy, Landbank, lending, loans, pandemic, Philippines, student loan, students, study, study now pay later, TESDA, tuition, youth

Parents and guardians/benefactors of students enrolled for the upcoming school year can now directly avail of loans up to P300,000

SEC CLEARS OFFERINGS BY AYALA LAND, SYNERGY GRID, MEGAWIDE, KEEPERS HOLDINGS

Business Financial Products Investments News Press Release

SEC paving way for development of Corporate Debt Funds

July 9, 2020 MoneySense 0 Comments bonds, CDF, Corporate Debt Fund, Covid-19, debt papers, Emilio Aquino, investments, pandemic, Philippines, SEC, Securities and Exchange Commission

The Securities and Exchange Commission (SEC) is working on a new regulatory framework for the development of a capital market

Family News Retirement

SSS amends guidelines on temporary ACOP suspension

July 1, 2020 MoneySense 0 Comments ACOP, Annual Confirmation of Pensioners Program, Aurora Ignacio, community quarantine, covid, Covid-19, pandemic, Philippines, Social Security System, SSS

The Social Security System (SSS) amended the guidelines on the temporary suspension of the Annual Confirmation of Pensioners Program (ACOP)

Business Investments News

SEC encourages social bonds to support recovery from COVID-19 pandemic

June 30, 2020 MoneySense 0 Comments ASEAN, Bank of the Philippine Islands, bonds, BPI, CARE bonds, covid, Covid-19, Emilio Aquino, MSMEs, pandemic, Philippines, Press Release, SEC, social bonds

The Securities and Exchange Commission (SEC) has put forward the issuance of social bonds to support efforts to contain the

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

Finances Loans News

SSS opens COVID-19 Calamity Loan Assistance Program; online applications accepted

June 15, 2020June 15, 2020 MoneySense 10 Comments Covid-19, loans, online, pandemic, Philippines, SSS

The Social Security System (SSS) on Monday opened its Calamity Loan Assistance Program (CLAP) for members who are affected by