The Bangko Sentral ng Pilipinas (BSP) order for e-wallets to sever links with online gaming applications has weighed on the earnings of both gaming companies and the e-wallet platforms themselves. Unicapital Securities Inc. Research Analyst Peter Louise D. Garnace said the unlinking of online...
The Securities and Exchange Commission (SEC) is poised to ease the minimum public ownership (MPO) requirement for initial public offerings (IPOs), a move that could clear a major hurdle for the long-anticipated market debut of Globe Fintech Innovations Inc. (Mynt), the operator of e-wallet GCash....
In collaboration with the Local Government of Tagum City, Department of Trade and Industry (DTI), Technical Education and Skills Development Authority (TESDA), and Tagum City Council of Women Foundation Incorporated (TCCWFI), the Philippines’ leading finance superapp and largest cashless...
DAVAO CITY – The Tagum City Council of Women’s Foundation Inc. called for stronger collaboration in empowering local entrepreneurs who are mostly women as the TindaNow Mindanao NMSME Summit 2025 opened on Wednesday, Nov. 26, at Tagum City Hall. GCash co-hosted the summit with the Tagum City...
GCash reported robust uptake for recent stock offerings made available to small investors via its GStocks PH platform, citing oversubscriptions for both the Maynilad Water Services Inc. initial public offering (IPO) and the preferred share sale of Megawide Corp. “Filipinos are increasingly...
Small businesses remain the backbone of Southeast Asia’s economy, generating two out of every three jobs across the region. Yet despite their vital role, micro, small, and medium enterprises (MSMEs) continue to face systemic barriers that hinder their growth—chief among them, limited access to...
Innovative, fresh, and exciting – that’s how Filipinos love their everyday staples such as fashion, pop culture, and sometimes with food. This is exactly what Pauline Arcega had in mind when she started Cloudberry Bakehouse: a fresh start where she could create pastries that truly reflect her...
Ayala Corp., the country’s oldest conglomerate, reported a sharp increase in profits for the first nine months of the year, driven by one-time gain tied to the revaluation of its stake in Gcash owner Mynt. In a disclosure to the Philippine Stock Exchange on Thursday, Nov. 13, the holding company...
The Philippine gaming sector’s high-speed growth was decelerated sharply in the third quarter, with industry-wide gaming revenue (GGR) plateauing at ₱94.51 billion, a nominal decline from ₱94.61 billion a year earlier. In a statement on Tuesday, Nov. 11, Alejandro H. Tengco, Pagcor chairman...
Globe Telecom Inc. reported a 14-percent drop in earnings in the first nine months of the year, amid lower revenues across key segments, with digital wallet GCash remaining a bright spot for the telecommunications giant. In a disclosure to the Philippine Stock Exchange, Globe said its net income...
GCash, the country’s dominant mobile financial application run by fintech giant Mynt, has introduced a new payment solution that allows small businesses to accept credit and debit card payments directly through their smartphones. In a statement on Thursday, Nov. 6, the e-wallet giant said the new...
Fuse Financing, Inc., the lending arm of the Philippines’ leading finance super app and largest cashless ecosystem GCash, underscored the importance of innovative financing structures at the 5th Asia Finance Forum, hosted by the Asian Development Bank (ADB) at its headquarters in Manila. The...
