The local stock benchmark fell below 6,100 to its lowest level in more than a year as investors worry over interest rates amid rising inflation. The main index plunged 76.60 points or 1.25 percent to close at 6,047.97 with the rate-sensitive Property sector leading the retreat...
Digital-only bank CIMB Bank Philippines and Visa, a global leader in payments technology, have sealed a strategic partnership to work together to make financial solutions easier to access and more innovative for all Filipinos. CIMB Bank Philippines Chief Executive Officer Vijay Manoharan and Visa...
The Department of Public Works and Highways has further strengthened the country’s capability in effectively responding to "The Big One”, which refers to a strong earthquake that may hit Metro Manila and nearby areas and is believed to result in mass casualties. DPWH Secretary Manuel Bonoan...
The Securities and Exchange Commission (SEC) is collaborating with international organizations to beef up its enforcement capabilities in pursuit of its mandate to protect the public from securities fraud and other forms of investment scams. SEC Philippines, in partnership with the US SEC and...
GoTyme co-CEO, Albert Tinio; Uncle John's General Manager, R. Suresh Ramalinggam; GoTyme CMO, Raymund Villanueva, launch pay via QR and free deposit and withdraw. GoTyme Bank makes good on its promise of bringing easy, preferred banking to its customers with a partnership with convenience store...
The local stock market fell to a one-year low as investors exercise caution before the release of US inflation data. The main index plunged 81.02 points or 1.30 percent to close at 6,149.18 as Conglomerates registered the biggest drop while the Mining and Oil sector stayed in the green....
Security Bank Corporation (PSE:SECB), a leading universal bank in the Philippines, has recently launched HeRO, powered by Darwinbox, as its Human Capital Management (HCM) platform. This elevates the employee experience of the Bank's more than 7,000-strong workforce. The Bank has integrated its...
This week, cautious stock market investors will be looking for cues from the US August inflation report and Philippine data on foreign direct investments and remittances from overseas Filipinos. While the Philippine Stock Exchange index (PSEi) managed to advance in the last two weeks, Philstocks...
President Ferdinand "Bongbong" Marcos Jr. has commended the World Bank for its "desirable shift" in its post-pandemic interventions, particularly in the Philippines. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) "I have to commend the World Bank because now I’m looking...
Technology has definitely invaded our lives. That is why it comes as no surprise that AI or artificial intelligence is revolutionizing even the world of finance, transforming the way we manage money. Artificial intelligence is a machine's ability to perform tasks associated with human...
After a few days of small gains, the local stock market fell below the 6,200 level again as recent releases of economic data renewed concern over US interest rates and the health of major economies. The main index dropped 58.62 points or 0.94 percent to close at 6,183.07 with Conglomerates...
Philippine National Bank (PNB) has awarded six winners of its PNB Digital App’s "Bank Easy, Fly Easy" promo which was given to PNB account holders and credit cardholders who enrolled to or used the digital app from May 18 to July 18, 2023. The team of PNB Legazpi City-Albay Branch handed over the...
