The Securities and Exchange Commission (SEC) has ordered seven online platforms to stop lending-related operations since they are not registered with the Commission. In separate cease and desist orders (CDOs) dated Aug. 15, the SEC Financing and Lending Companies Department (FinLend) directed Cash...
The Bangko Sentral ng Pilipinas’ (BSP) push for personal equity and retirement accounts (PERA) is expected to promote the wider adoption of open finance in the Philippines, according to the Tokyo-based think tank Asian Development Bank Institute (ADBI). “The BSP remains committed to advancing...
PERA HUB, the Philippines’ emerging remittance and financial services provider, said it has established presence in over 3,000 locations nationwide for the past 25 years, bringing relevant remittance and cash-related transaction services to Filipinos. The company reported its accomplishment...
Senator Francis “Chiz” Escudero has filed a bill that seeks to double the amount being received by some 1.8 million government employees as Personnel Economic Relief Allowance (PERA) to help them cope with the higher prices brought about by the Covid-19 pandemic and oil price hikes. In filing...
Senator Ronald ‘’Bato’’ dela Rosa on Saturday afternoon, Feb. 26 vowed to go ahead with his investigation into the controversial 24/7 operation of e-sabong (online cockfight), which is believed to be a multi-billion pero industry. More importantly, the senator guaranteed that he would not...
TANZA, Cavite – A fun money game that took a romantic turn is making the rounds online. During a Christmas eve gathering, Roldan Rivera proposed to his girlfriend, Rachelle Ann Rosales, through the popular "sandok pera" (scoop money) challenge. "Sandok pera" is a game where a player scoops...
GCash_Logo Mobile wallet GCash now recruits micro entrepreneurs as partner-outlet-remittance centers, supplementing their earnings by at least P10,000 monthly. The move makes digital financial services accessible to more Filipinos, at the same time, provides more income to small businesses. As...
Contributors to the Personal Equity and Retirement Account (PERA) grew by 50 percent in just three months after it went digital to reach as many investors and participants as possible, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno. BSP Governor Benjamin E. Diokno...
The lucky winners look forward to spending a joyful Christmas with their families in their cozy and stylish Bettina homes. Christmas 2020 is merry and bright for Herminia Escobar, Marites Floren, and Wilma Ocampo—three lucky contestants who snagged the jackpot prizes on Wowowin’s "Pera o Kahon"...
