GCash operator joins network of Asian fintech firms
GLOBE Fintech Innovations Inc. (GFII), operator of the electronic wallet GCash, has joined a dozen financial technology (fintech) firms based in Asia in the launch of “Programme Sirus.”
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GLOBE Fintech Innovations Inc. (GFII), operator of the electronic wallet GCash, has joined a dozen financial technology (fintech) firms based in Asia in the launch of “Programme Sirus.”
EMERGING risks to inflation and a tentative outlook for export growth may push back any decision of the Monetary Board to cut key interest rates in the country this year, according to ANZ Research.
THE Supreme Court (SC) has directed the Court of Tax Appeals (CTA) to determine the civil liability for unpaid taxes of a private contractor from Palawan in relation to the projects funded by the Malampaya funds.
THE Bureau of Internal Revenue (BIR) announced on Wednesday that it has issued about 100,000 Digital taxpayer identification number (TIN) IDs as part of its digitalization efforts to improve taxpayer service.
IN a move to bolster entrepreneurship and support micro-sized, small-sized and medium-sized enterprises (MSMEs), the House of Representatives has given its nod to House Bill (HB) 10049, which aims to strengthen and empower financing and other support programs for these vital economic contributors.
SEVERAL listed companies in the Philippine Stock Exchange (PSE) are in various stages of discussions with their foreign counterparts for potential collaborations. Two of them recently announced the launch of their partnerships with leading technology firms in Europe and the Pacific region.
THE Municipal Circuit Trial Court of Alfonso-General Aguinaldo, Cavite, has convicted Angelina Vidallon Romasanta for violating the Revised Penal Code in relation to a fictitious loan with the closed Community Bank (Rural Bank of Alfonso Inc.).
STATE-run firm Clark Development Corp. (CDC) remitted a total of P1.80 billion worth of cash dividends for 2023 to the Bureau of the Treasury (BTr) to earmark the national government’s development programs and projects.
THE Bureau of the Treasury (BTr) has successfully raised its target amount of P120 billion for the month of March from the tender of long-term government securities on the back of easing yields.
THE Land Bank of the Philippines (LandBank) announced last Tuesday that all its digital channels will remain up and running throughout the observance of the Holy Week.
ANOTHER day, another big swing in Bitcoin to enliven a relatively slow Monday on Wall Street. This time, the digital asset surged 7 percent to retake $70,000, the latest sign that pronounced Bitcoin moves increasingly fall in US hours.
THE proposed excise tax on plastic bags will be a “win-win” situation for the Philippines as it will not just reduce pollution, but the country will also stand to gain about P33 billion, according to the Department of Finance (DOF).
THE Philippine Amusement and Gaming Corp. (Pagcor) announced last Monday it remitted a total of P4.59 billion in cash dividends to the Bureau of the Treasury (BTr) to help fund the national government’s efforts in ensuring the country’s sustained economic growth and development.
THE Securities and Exchange Commission (SEC) has asked the regulator of telecommunication services in the country to block the online presence of Binance Holdings Ltd. in the Philippines.
THE anchoring effect is a cognitive bias where our decision-making is influenced by the first piece of information we receive, which serves as an “anchor” for our subsequent judgments.
THE state successfully reached its target of borrowing P60 billion this month from the domestic market through the tender of Treasury bills (T-bills) as average auction yields continued to ease week-on-week.
ABOUT 6,000 older Bitcoin mining machines in the US will soon be idled and sent to a warehouse in Colorado Springs where they’ll be refreshed and resold to buyers overseas looking to profit from mining in lower-cost environs.
ASSERTING the Department of Finance’s (DOF) plan to not push for new taxes this year, the government’s top official in formulating sound fiscal policies said revenue collection efficiency must be prioritized.
THE Philippine Deposit Insurance Corp. (PDIC) announced recently it is set to host an “as-is, where-is” electronic public bidding (e-bidding) featuring 104 real properties and other assets on its e-bidding portal (https://assetsforsale.pdic.gov.ph) starting at 9:00 a.m. on April 24, 2024, until 9:00 a.m. on April 25, 2024. Bids shall be opened at 10:00 a.m. on April 25, 2024, read a statement the PDIC issued last week.
NON-life insurance firm Malayan Insurance Co. Inc. has partnered with Dutch firm Atradius Credito y Caucion S.A. de Seguros y Reaseguros, a trade credit insurer, which the company said will significantly benefit thousands of local and international commercial businesses.
THE Court of Tax Appeals (CTA) has dismissed the P44.71-million tax evasion cases filed against alleged pork barrel scam mastermind Janet Lim-Napoles.
MAKATI CITY, PHILIPPINES – The country’s fastest growing and leading digital challenger bank Rizal Commercial Banking Corporation (RCBC) clinched two recognitions as “Bank of the Year” and its Chief Executive Officer and President Eugene S. Acevedo as “CEO of the Year” from The Enterprise Epoch Awards.
KKR & Co. appointed Kate Richdale to lead its institutional capital efforts and take charge of a new initiative that aims to tap growing corporate and family wealth in Asia Pacific as an increasingly vital source of capital and dealmaking.
An obscure investment product used to finance risky real estate projects is facing unprecedented stress as borrowers struggle to repay loans tied to commercial property ventures.
CHINESE authorities are examining the role of PricewaterhouseCoopers LLP in China Evergrande Group’s accounting practices after the developer was accused of a $78-billion fraud, ramping up pressure on the global accounting giant that audited a slew of developers before the sector’s meltdown.
THE proposed Anti-Financial Account Scamming Act or Afasa has undergone the period of interpellation at the Senate and was successfully defended by Senator Mark Villar, the bill’s principal sponsor.
THE number of basic deposit accounts (BDAs) more than doubled in the third quarter of 2023, according to the latest data from the Bangko Sentral ng Pilipinas (BSP).
Ayala-led Bank of the Philippine Islands (BPI) has sold back to the Gokongwei Group the lender’s minority stake in GoTyme Bank Corp. for P902.47 million.
COACHING, whether in sports, professional development or personal growth, is often subject to various misconceptions. Among the common ones are that coaching is a quick fix, about giving advice, mentoring, counseling, consulting, only for executives or top performers, expensive, and exclusive.
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