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...
Major retail chain Puregold has again partnered with GCash to expand the use of digital payments by sari-sari store owners at the 2025 Tindahan ni Aling Puring (TNAP) Convention, the country’s largest trade event for sari-sari store owners and micro, small, and medium-sized enterprises (MSMEs). ...
GCash, the country’s leading e-wallet, has partnered with the Philippine Statistics Authority (PSA) to make the verification process for accounts more seamless through the national ID. Through this partnership, Filipinos are now able to use their national ID—whether in the form of card, paper,...
The country’s leading e-wallet GCash has empowered micro-finance for over 14 million users through its insurance arm, GInsure, since its launch in 2021. GInsure, which provides affordable coverage conveniently on GCash, has already provided over 51.4 million policies to its millions of clients....
GCash will now provide Filipino investors with access to the largest global stocks, following the Securities and Exchange Commission 's (SEC) approval of the fintech 's regulatory sandbox for its stock trading service. “This initiative marks a pioneering step toward making global...
Ayala Corporation reported that Globe Fintech Innovations Inc. (Mynt, the owner of GCash) is undergoing a stock split that will result in a lower par value per share and increase its market appeal when it launches its initial public offering. In a disclosure to the Philippine Stock Exchange, Ayala...
