Senator Sherwin Gatchalian said there is a necessity for Filipinos to own their own bank account or become a virtual wallet holder so more people can engage in cashless transactions. Since digital payments have been the norm since the coronavirus (COVID-19) pandemic started last year, Gatchalian...
President Duterte wants Filipinos to think twice before lining up to community pantries, comparing it to a “wholesale” where one can get food items along with the coronavirus that has infected more than a million people since last year. Although he did not directly refer to the community...
The Department of Tourism (DOT) announced on Labor Day, May 1, that more than 400,000 tourism workers who lost their jobs due to the coronavirus disease (COVID-19) pandemic were approved to receive a one-time financial aid worth P5,000 under a joint program by the DOT and the Department of Labor...
Users can now make instant cash-ins to their GrabPay wallet for free by linking it to their bank accounts (Banco de Oro (BDO), Bank of the Philippine Islands (BPI) and Unionbank) or visiting the nearest SM mall or 7-Eleven store. “Our partnership with three of the biggest banks and leading...
A bill seeking to distribute financial and production support amounting to P15,000 to at least one million small fisherfolks in the country has been filed in Congress. This, as the income of small fishermen already went down to as low as P150 per fishing trip more than a year into the pandemic. In...
Estonian artist Tommy Cash collaborates with French fashion house Maison Margiela for a capsule collection that features a pair of €95 bread-printed slippers called "loafers," and some other tasty-looking goods. We can definitely file this collection under fashionable oddities with this crazy...
Bank-transferred remittances for the first month of 2021 was down to $2.603 billion or 1.7 percent lower from same period last year of $2.648 billion. The January cash remittances was also lower compared to December 2020’s $2.890 billion or by 9.9 percent, based on Bangko Sentral ng Pilipinas...
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said they are analyzing and reviewing the currency denominational structure as the country transitions into a cash-lite and non-coin society. “The BSP is currently reviewing the existing currency denominational structure in light of...
The Securities and Exchange Commission (SEC) has revoked Super Cash Lending Corporation’s certificate of authority (CA) to operate as a lending company for its unfair debt collection practices. In an order, the SEC Corporate Governance and Finance Department (CGFD) found Super Cash liable for...
(FACEBOOK / MANILA BULLETIN) Grab believes riders can adopt cashless payment faster via the Cash-in With Driver feature in its app, to be fully rolled out next month, as the ride-hailing firm prepares for a 50 per cent increase in ridership this December. At present, only 40 percent of Grab's...
Manager Kevin Cash of the Tampa Bay Rays makes a pitching change during the sixth inning against the Los Angeles Dodgers in Game 6 of the 2020 MLB World Series at Globe Life Field on October 27, 2020 in Arlington, Texas. Sean M. Haffey/Getty Images/AFP Tampa Bay manager Kevin Cash defended his...
Cash remittances sent by overseas Filipinos via the banking system declined to $19.285 billion as of end-August, 2.6 percent lower than same period last year of $19.808 billion, the Bangko Sentral ng Pilipinas (BSP) reported Thursday. For the month of August only, bank-channeled remittances were...