The Bangko Sentral ng Pilipinas (BSP) recently underscored the importance of data and digital tools for evidence-based policy-making during the virtual closing ceremony of the 35th National Statistics Month (NSM) held last October 29. Under the theme, “Advancing Data and Statistics Through Digital Transformation: A Road to an Empowered Nation,” the BSP advocated a digitally […]
Mocasa, the Philippines’ first virtual credit wallet, is here to help Filipinos enjoy the holiday season without breaking the bank. With the holidays just around the corner, the virtual credit wallet knows that this season not only brings the warmth of family gatherings and vacation getaways — the Christmas season also comes with the reality […]
Banking institutions maintained steady loan standards for both businesses and consumers during the third quarter of 2024, ensuring economic stability, as well as business continuity and growth, according to the latest Senior Bank Loan Officers’ Survey (SLOS). The survey, which gathers insights from 52 out of 60 surveyed banking institutions, indicated stability in credit practices, […]
PalawanPay, one of the fastest-growing e-wallets in the Philippines, introduced its PalawanPay Money Shop services at the Ultra Mega Expo held at the Okada Manila earlier this month. This initiative is designed to empower micro, small, and medium enterprises more commonly known as MSMEs, by providing local business owners with a new revenue stream. Through […]
PLDT, the largest telecommunications provider in the country, has recently launched an initiative to provide free Wi-Fi at all state universities and colleges (SUCs). This initiative, which many see as a significant move to enhance educational connectivity in the country, forms part of PLDT’s broader vision to bridge the digital divide and ensure that every […]
Microsoft continues to solidify its position at the forefront of digital transformation with the introduction of groundbreaking autonomous agents designed to revolutionize business processes. These new AI-powered tools are set to provide unprecedented support and efficiency for organizations worldwide, including in the Philippines, where AI adoption is rapidly accelerating. Video HERE Microsoft 365 Copilot: A […]
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has greenlit a total of US$3.81 billion in foreign borrowings by the Philippine public sector for the third quarter of 2024. This figure marks a significant 36% increase compared to the $2.81 billion approved during the same period in 2023, reflecting a growing reliance on […]
WISE, the global fintech company, offers money-saving tips this holiday season to help you better manage your finances during the holidays. The holiday season is a joyful but costly time for Filipinos, with expenses piling up for Simbang Gabi, noche buena, and family reunions. For overseas foreign workers (OFWs) and freelancers, managing these costs is even tougher […]
The Bangko Sentral ng Pilipinas (BSP) has continued its push for financial literacy (fin lit) by bringing its “Economic and Financial Learning Program (EFLP) Session for the Workforce” to Iloilo City recently. Photo shows (from left) BSP Bank Officer Lizette O. Antonio and Deputy Director Arnel Adrian C. Salva, Bureau of Treasury Region VI Director Gary […]
The Bangko Sentral ng Pilipinas (BSP) has collected more than PHP1 billion through its Coin Deposit Machines (CoDMs) as of October 11, 2024, marking a significant milestone for the initiative just over a year after its launch in June 2023. The total coin collection has reached PHP1,008,889,490.24, underscoring the project’s success in encouraging Filipinos to […]
