SEC okays DoubleDragon’s REIT offering
The Securities and Exchange Commission (SEC) has considered favorably the nearly P14.71 billion initial public offering (IPO) of a real
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Press Release
SEC cancels Chiyuto’s OPC registration over illegal investment scheme
The Securities and Exchange Commission (SEC) has revoked the certificate of incorporation of Chiyuto Creative Wealth Documentation Facilitation Services for
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SEC warns against crypto, crowdfunding, and franchising scams
The Securities and Exchange Commission (SEC) has warned the public against individuals and groups engaged in unauthorized investment-taking activities disguised
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SM Prime nets PHP18 billion in FY2020
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, reported an P18.0 billion
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No ATM card needed? BDO offers QR Code withdrawals from select BDO ATMs
Clients can now make card-less, QR Code-based withdrawals from select BDO ATMs. “Withdrawing using QR Codes is now available in
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Higher range of ATM fees expected starting from April 7
Starting April 7 this year, banks shall adopt acquirer-based ATM fee charging (ABFC), which is one of the requirements of
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6 of 30 institutions correctly predicted Philippines’ GDP of -9.5% for 2020
A fifth of the 30 institutions polled by the Department of Finance (DOF) correctly predicted the contraction of the Philippines’
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BSP allows lower minimum opening amount for investment management activities
The Monetary Board (MB) approved the reduction of the minimum account opening amount for investment management activities from P1 million
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Partnership for Fishers’ Financial Education Launched
The Department of Agriculture through the Bureau of Fisheries and Aquatic Resources (DA-BFAR), the Bangko Sentral ng Pilipinas (BSP), BDO
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Compulsory use of payment reference numbers for short-term SSS loan payments starts April 1
Computer-generated payment reference numbers (PRNs) will be required for short-term loan payments starting April 1, 2021, state fund Social Security
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SEC stops Chiyuto’s illegal investment scheme
The Securities and Exchange Commission (SEC) has barred Chiyuto Creative Wealth Documentation Facilitation Services from soliciting investments from the public
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BPI AMTC launches “Wealth Radio” podcast channel on Spotify
BPI Asset Management and Trust Corporation (AMTC), a wholly owned subsidiary of the Bank of the Philippine Islands (BPI), is
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Over 99% of SSS benefit disbursements coursed through e-channels
The Social Security System (SSS) has expanded the use of electronic disbursement channels to release benefits to its members. SSS
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BPI nets P21.4 billion for 2020 amid economic slowdown
Bank of the Philippine Islands posted Net Income of P21.4 billion in 2020, a 25.7% decline from the P28.8 billion
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Sun Life Asset Management marks P127 billion AUM
Sun Life Asset Management Company, Inc. (SLAMCI) started the year strong with its assets under management (AUM) with its suite
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SM Prime Sets Interest Rates for Retail Bonds Series M and N
SM Prime Holdings, Inc. (SM Prime) has set the interest rates for its Peso-denominated Series M, 2.5-year retail bond at
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BSP Establishes Guidelines on Virtual Asset Service Providers
The Monetary Board (MB) approved the guidelines on virtual asset service providers (VASP), or entities that facilitate financial services through
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DOF launches anti-corruption website
The office of Finance Secretary Carlos Dominguez III has announced the launch of its “Information against Corruption Page” on the
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PNB is extending the waiver of fees for InstaPay & PesoNet until March 31, 2021
Philippine National Bank (PNB) is further extending the waiver for InstaPay and PesoNet fund transfer fees until March 31, 2021
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SSS releases circulars on new contribution schedule
The Social Security System‘s (SSS’) new contribution schedule is set to take effect January 2021 pursuant to Republic Act No.
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