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Archives

BSP launches PESONet system

MANILA – – The Bangko Sentral ng Pilipinas (BSP) launched on Wednesday the Philippine Electronic Fund Transfer and Operations Network …

ING Bank Manila focuses on closing more market deals

MANILA – – Dutch financial giant ING Bank, N.V. targets to focus on having more market deals starting this year …

SSC welcomes planned House probe vs. 4 SSS execs

MANILA — The Social Security Commission (SSC) welcomed the House of Representatives’ move to investigate four Social Security System (SSS) officials …

Gov’t workers to get year-end bonus starting Nov. 15

MANILA — State workers can expect to receive their year-end bonus starting November 15, or a day after for those …

IMF keeps strong growth outlook for PH economy

MANILA— International Monetary Fund (IMF) remains optimistic on the sustained strong expansion of the Philippine economy but cited the possible impact …

BSP to introduce ‘Branch Lite’ concept

MANILA— The Bangko Sentral ng Pilipinas (BSP) is giving banks more leeway to cater to more people, especially in unbanked …

Peso slightly down vs. USD ; PSEi ends flat

MANILA— The Philippine peso stayed firm Tuesday but the Philippine Stock Exchange index (PSEi) ended flat as investors continue to …

Price increase not worrisome, says Dominguez

MANILA — Philippines’ rate of price increase continues but Finance Secretary Carlos Dominguez III said this is not worrisome since …

Peso gains vs. US dollar; PSEi ends 4-day rally

MANILA — The Philippine peso finished the week 21 centavos higher against the US dollar while the Philippine Stock Exchange …

Overseas Filipino Bank to start operations on Jan. 2 ’18

MANILA — The proposed bank targeted for Overseas Filipino Workers (OFWs) will commence operations on Jan. 2, 2018. Land Bank …

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