Leading e-wallet GCash has upgraded its GStocks platform by tapping a new partner, InvestaTrade, the stock trading arm of Investa, for an easier investing experience within its app. Investa is known for its beginner-friendly approach to financial education and stock market awareness, and the new...
Makati City Mayor Nancy Binay personally led the house-to-house distribution of unclaimed cash incentives to Makati Blu Card holders who failed to receive them last year. Binay said more than 12,000 elderly residents failed to receive their cash incentives last year, citing the lack of cellphones...
For Heart Evangelista, the world is her runway. What began as a passion influenced by the women around her has grown into a signature of style and self-expression—something the world has come to recognize her for. Today, the Filipino style icon spends seasons in major fashion capitals, witnessing...
E-wallets GCash and Maya will promptly remove all links redirecting users to online gambling sites in compliance with the Bangko Sentral ng Pilipinas’ (BSP) order to remove such links. In a statement late Thursday, Aug. 14, GCash said it would fully comply with the BSP’s directive that...
Ayala-led Globe Telecom Inc. banked on contributions from its one-off equity earnings from the parent firm of popular e-wallet GCash to weather headwinds that led to a dip in its profit in the first half of the year. In a disclosure to the Philippine Stock Exchange (PSE), Globe reported that its...
Domestic investors locked in “sweet spot” medium-term bonds amid persistent external uncertainties, allowing the government to raise an initial ₱210 billion from retail treasury bonds (RTBs) on Tuesday, Aug. 5, as the offer period opened for local investors. During the launch of GBonds or...
The Zobel family’s Ayala Corp. (AC) has closed the sale of a 6.5-percent stake in GCash owner Globe Fintech Innovations Inc. (Mynt) to long-time partner Mitsubishi Corp. for ₱18.4 billion after the deal was cleared by the anti-trust watchdog Philippine Competition Commission (PCC). In a...
The Philippine Competition Commission (PCC) has cleared the proposed joint venture between Ayala Corp. and Mitsubishi Corp., stemming from the latter’s acquisition of a 50 percent stake in Ayala-led AC Ventures Holding Corp. In a statement on Thursday, July 31, the country’s antitrust body...
Senator Erwin Tulfo on Thursday, July 31, made a call to e-wallet corporations to initiate the removal of online gambling links on their platforms as a form of social responsibility. Tulfo, Chairperson of the Senate Committee on Games and Amusement, made the call ahead of the upcoming hearings on...
In line with strengthening the Philippine government 's financial inclusion agenda, the Bureau of the Treasury (BTr) makes investing in government securities more inclusive and accessible to millions of Filipinos with the launch of GBonds. Powered by Philippine Digital Asset Exchange (PDAX),...
The Department of Transportation (DOTr) has launched a cashless payment system for Metro Rail Transit Line 3 (MRT-3), allowing commuters to pay fares using digital wallets, debit cards, credit cards, and other methods. Transportation Secretary Vince Dizon led the unveiling of the MRT-3’s...
Market sentiment is showing certain signs of improvement, an emerging consensus among the biggest players. Amidst growing geopolitical tensions, the outlook remains positive, with the domestic bourse gradually becoming “more conducive” to initial public offerings (IPOs). Mobile wallet service...
