Switch, the leading Apple reseller in the Philippines, marked the much-anticipated launch of the iPhone 16 with an unforgettable celebration at Alabang Town Center last October 17. The event, which ran from 8 PM and culminated in the official launch at 12:01 AM on October 18, brought together a host of influencers, media personalities, and […]
GCash, the Philippines’ leading mobile wallet service, has assured users that all affected accounts have been rectified following a series of unauthorized transactions that saw funds vanish from e-wallets over the weekend. The company reported that the necessary wallet adjustments were completed by Sunday, November 11, following a technical glitch that caused widespread panic among […]
Rural banks in the Philippines are now poised for a digital revolution. At the recent 71st Annual National Convention and General Membership Assembly of the Rural Bankers Association of the Philippines (RBAP), a strategic partnership between UNAWA, a leading digital transformation solutions provider, and EcoGlobal, a prominent core banking platform provider, was announced. Executives of […]
Maya Philippines has partnered with global payments provider Fexco to introduce its new Dynamic Currency Conversion (DCC) service, allowing foreign customers to pay in their home currency across its extensive merchant network via Maya Business. Photo shows (from left:) Miggy Confesor, Fexco PH key development manager; Peter Cruz, Maya head of Enterprise; and John Casey, […]
Chinabank (PSE stock symbol: CBC) recorded its highest-ever net income for the first nine months of 2024, achieving a P18.4 billion profit on the back of robust growth in its core businesses. This impressive figure represents a 13% year-on-year increase, translating to a return on equity of 15.7% and a return on assets of 1.6% […]
Logitech knows that it’s the season to gear up for gifting, and nothing says thoughtful like high-quality tech for everyone on your list! From November 8 to November 13, Logitech is bringing early holiday cheer with its Shopee 11.11 festive sale, offering up to 41 percent off on select Logitech and Logitech G items, free […]
The Department of Trade and Industry (DTI) has just launched an investigation into the rising influx of imported cement, a move that industry leaders say is crucial for safeguarding the struggling local cement sector. With increased competition from cheaper foreign imports, local manufacturers are facing a difficult battle for market share. The DTI’s probe is […]
The Bangko Sentral ng Pilipinas (BSP) recently won the prestigious “Best Recirculation/Distribution Initiative or Innovation” award from the International Association of Currency Affairs (IACA) for its innovative rollout of Coin Deposit Machines (CoDMs) throughout Metro Manila. BSP Assistant Governor Rosabel B. Guerrero accepted the award on behalf of the central bank at the IACA’s “2024 […]
The U.S. presidential election has unfolded. The world now waits as Donald Trump formally returns to the White House. This has markets jittery across the globe. In the Philippines, the fintech sector and other economic players are keenly analyzing what a Trump victory might mean for the local economy. Trump’s “America First” stance in his […]
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. has received an esteemed “A-” rating from Global Finance Magazine under its 2024 Central Banker Report Cards, joining an elite list of 25 central bank leaders recognized for their outstanding performance over the past year. The award was presented by Global Finance founder and editorial […]
