Moody’s affirms China Bank’s investment grade rating, stable outlook
Moody’s Investors Service has retained China Banking Corporation’s (China Bank) investment grade long-term foreign currency counterparty risk and long-term foreign
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Philippines
China Bank, CBS observe longer banking hours
China Bank and its thrift bank arm, China Bank Savings (CBS), have adjusted their banking hours starting December 1, 2020
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SSS releases P25.2B for December and 13th month pensions; early crediting starts on Dec. 1
The Social Security System (SSS) through Development Bank of the Philippines (DBP) has already released its December pension and 13th
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BDO Remit waives remittance fee for donations to typhoon victims
To help its fellow kababayans hit by typhoons “Quinta,” “Rolly,” and just recently “Ulysses,” BDO Remit—the remittance service brand of
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BSP introduces digital banking framework
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has approved the recognition of digital bank as a new
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BDO takes full ownership of BDO Nomura
BDO Unibank, Inc. (BDO) announced the completion of the buyout of Nomura Holdings, Inc.’s (Nomura) ownership in BDO Nomura Securities,
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Bangko Sentral ng Pilipinas Holds Virtual Financial Education Stakeholders Expo
The Bangko Sentral ng Pilipinas (BSP) opens the 3rd Financial Education Stakeholders Expo today (November 26, 2020). The Expo, conducted for
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SM Prime opens New Mall in Zamboanga City
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, will open on Friday,
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Landbank lists P5-B Sustainability Bonds on PDEx
State-run Land Bank of the Philippines (Landbank) successfully listed its P5 billion maiden offering of Sustainability Bonds on the Philippine
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Tarlac Electric plans primary offer to raise P600 million
The Securities and Exchange Commission received on 17 November 2020 the registration statement of Tarlac Electric Inc. (TEI) for a
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JobStreet launches new logo, mobile app as hiring seen picking up
Online job portal JobStreet has unveiled a new logo and look, and officially launched a new mobile application in its
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Landbank offers online placements for ‘Premyo Bonds 2’
Investing in government securities has been made available online, as state-run Land Bank of the Philippines (Landbank) offers online channels
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SEC approves financial reporting framework for banks, other financial institutions
The Securities and Exchange Commission (SEC) has approved an industry-specific framework for the preparation of the audited financial statements (AFS)
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SSS issues guidelines on calamity assistance for members and pensioners affected by Quinta, Rolly, Ulysses
The Social Security System (SSS) announced that it would provide a calamity assistance package for its members and pensioners in
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SSS to provide calamity assistance to members, pensioners in typhoon-hit areas starting November 27
The Social Security System (SSS) will open an assistance package, starting 27 November 2020, for its members and pensioners in
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P42.3-B credit guarantees available for pandemic-hit MSMEs
The Philippine Guarantee Corp. (PhilGuarantee) has made available P42.3 billion in credit guarantee facilities for pandemic-hit micro, small and medium
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‘Canva for Negosyo’ offers free marketing tools to Filipino entrepreneurs
Graphic design platform Canva has put up Canva for Negosyo, a web page that provides Filipino entrepreneurs with relevant branding
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DOF extends deadline of tax payments, other charges imposed by LGUs
The Department of Finance (DOF) has issued a circular extending to December 19, 2020 the payment of all local taxes,
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SEC calls on public to join fight against scams in first investor protection week
The Securities and Exchange Commission (SEC) is rallying the public to join the fight against investment scams, as it spearheads
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5 Signs It Might Be Time to Update Your Accounts Receivable Monitoring System
The effectiveness of your accounts receivable monitoring system (ARMS) is not something you should take lightly. How well you monitor incoming payments
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