Personal Development, Business, Finance, and Investing for Everyone
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In 2022, there were 1,258,907 more online stock market accounts, an 8.6% increase. The average amount of an online transaction increased by 33.2 percent to Php 46,236.40 from Php 34,701.80 in 2021, despite the relatively slow rise of online accounts compared to prior years.
Pag-IBIG Fund released P15.82 billion in cash loans in the first four months of the year, an increase of 5% from the P15.10 billion released during the same period last year, agency officials announced Wednesday (07 June).
BSP and Partners Broaden Financial Education Reach to Agri Workers, College Students, and OFWs6/8/2023 The Bangko Sentral ng Pilipinas (BSP) and its partner organizations launched new financial educational programs for agricultural workers, college students and overseas Filipino workers (OFWs) at ceremonies held 8 June 2023 at the BSP Manila head office.
BSP Signs Financial Literacy MOA with TESDA, BDO Foundation; Over 4M Tech-Voc Learners to Benefit5/31/2023 The Bangko Sentral ng Pilipinas (BSP) signed a memorandum of agreement (MOA) with the Technical Education and Skills Development Authority (TESDA) and BDO Foundation (BDOF) on the development of a free online course on personal finance. The agreement aims to boost the financial health of over four million learners of technical and vocational (tech-voc) skills.
Pag-IBIG Fund signed partnerships with the country’s top transport network and app-based courier companies in efforts to bring its membership to delivery riders on 25 May (Thursday).
Pag-IBIG Fund members saved P27.51 billion during the first four months of 2023, growing 10 percent year-on-year and setting a new record for the highest amount saved by members for any January to April period.
The Bangko Sentral ng Pilipinas (BSP) and the BDO Foundation have signed a Memorandum of Agreement (MOA) for the development of a free online course on financial education (FinEd).
Fitch Ratings has affirmed the Philippines’ investment-grade credit rating of ‘BBB’ and revised the outlook to ‘stable’ from ‘negative.’
The Securities and Exchange Commission (SEC) continues to take down more entities engaged in unauthorized lending activities, warning them of new penalties under Republic Act No. 11765, otherwise known as the Financial Products and Services Consumer Protection Act (FCPA).
The Bangko Sentral ng Pilipinas (BSP) advises automated teller machine (ATM) cardholders to refrain from participating in “sangla-ATM” schemes which require them to use their ATM cards and personal identification number (PIN) as collateral for loans.
The Securities and Exchange Commission (SEC) has successfully convicted more lending company officers who have submitted falsified documents for their registration with the Commission.
Pag-IBIG Fund has financed 2,968 socialized homes for minimum-wage and low-income members in the first three months of 2023, its top executives said Tuesday (May 9).
The Securities and Exchange Commission (SEC) has approved the adoption of the ASEAN Sustainable and Responsible Fund Standards (SRFS), establishing new guidelines that will allow both local and ASEAN-member investment companies and collective investment scheme operators to offer sustainable and responsible funds locally and across the region.
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