Wise, the global tech company revolutionizing international money movement and management, has officially launched in the Philippines. With the introduction of the “Wise Account” and “Wise Prepaid Card,” Filipinos can now receive, hold, and spend money globally without foreign transaction fees or exchange rate mark-ups. Research commissioned by the company reveals that 73 per cent […]
AMD (NASDAQ: AMD) recently received the prestigious “2024 Corporate Innovation Award” from the Institute of Electrical and Electronics Engineers (IEEE) during a May 3 ceremony in Boston. The award recognizes AMD for pioneering the development and deployment of chiplet architecture designs for high-performance and adaptive computing. AMD was among the first companies to leverage the benefits […]
by Jan Michael Carpo, Reporter In its second venture into the local debt market, the San Miguel-led Bank of Commerce raised PhP 6.57 billion recently from institutional and ordinary investors through its peso bond offering. The fundraising effort was oversubscribed, surpassing the initial target of PhP 5 billion. Security personnel at a Bank of Commerce […]
A recent survey by the Bangko Sentral ng Pilipinas (BSP) indicates that Philippine banks are likely to maintain or tighten their loan standards for both businesses and consumers. Results of the Q1 2024 Senior Bank Loan Officers’ Survey (SLOS) were interpreted using the modal approach while the diffusion index (DI) method was used to reflect […]
CTBC Bank Philippines has revamped its web interface and mobile banking applications for retail clients. In collaboration with Hitachi Asia, the newly redesigned Retail NetBanking app boasts a more unified dashboard, enhancing navigation, functionality, and user experience, according to a press release from CTBC Bank Philippines. IMAGE CREDIT: https://www.facebook.com/ctbcbank.ph/ The app now includes personalized widgets […]
by Metropolitan Bank and Trust Company (Metrobank) staff Is a personal loan (which can readily translate to “utang” in Filipino) good or bad? Let’s delve deeper into this topic. To start off, personal loans are designed to help Filipinos grow their finances. But to do that, you’ll need to be disciplined enough to know what […]
BillEase, an on-demand consumer credit that provides financial products such as personal loans, e-wallet top-ups, prepaid load, and gaming credits, has recently integrated the national QR code standard, QRPh, into its platform through a partnership with Asia United Bank (AUB). IMAGE CREDIT: https://billease.ph/ This seamless integration empowers BillEase users to effortlessly scan any P2M QR code […]
The Land Bank of the Philippines (LANDBANK) has delivered a record-breaking cash dividend of P32.119 billion to the national government, marking its highest-ever contribution and showcasing its robust financial stance. This substantial sum, the largest among Government-Owned and Controlled Corporations (GOCCs), underlines LANDBANK’s strength following its historic net income of P40.3 billion in 2023 and […]
Last April 24, the City of Laoag initiated the Paleng-QR Ph Plus program to encourage digital transactions in public markets, transportation, and businesses in the city. Photo shows BSP Deputy Governor Bernadette Romulo-Puyat (center) together with (l-r:) BSP Managing Director Charina B. De Vera-Yap, Ilocos Norte Governor Matthew Marcos J. Manotoc, Laoag City Vice Mayor […]
Sun Life Asia has launched its inaugural “Sun Life Asia Financial Resilience Index,” which delves into the financial behaviors and beliefs of individuals across eight markets in the region, along with the obstacles they encounter in establishing long-term financial security. The survey found that millennials in the Philippines are the most confident in meeting long-term […]
