Personal Development, Business, Finance, and Investing for Everyone
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The Bangko Sentral ng Pilipinas (BSP) granted Union Bank of the Philippines, the country's first universal bank, a license to operate as a virtual asset service provider (VASP).
The deadline for the amnesty program being offered by the Securities and Exchange Commission (SEC) to corporations is fast approaching.
Growing wealth through investment has recently been made easier and simpler with the emergence of online trading platforms. Unfortunately, this has also resulted in the rise of unscrupulous individuals exploiting online investors.
To encourage people to deposit their unused coins in the CoDMs and to support effective coin recirculation in the nation, the BSP is keeping on installing coin deposit machines, also known as CoDMs, in partner retail locations around the Greater Manila Area.
Philippine Statistics Authority (PSA) Promotes the Use of PhilIDs and EPhilIDs in Financial Transactions by Filipinos
In a press release dated September 18, 2023, the Philippine Statistics Authority (PSA) calls on Filipinos to utilize the benefits of being registered with the Philippine Identification System (PhilSys) by using their PhillD and ePhillD to access financial services.
You're eager for payday. No more Petsa de Peligro! Salary On-Demand, a new financial product from BPI, is about to go live.
The Securities and Exchange Commission (SEC) Philippines is beefing up its enforcement capabilities by collaborating with international organizations to further its mandate of protecting the public from securities fraud and other forms of investment scams.
Running a successful business in the Philippines requires financial stability and access to funds. Business loans can provide the necessary investment to support your operations, invest in assets, and drive business growth.
Sun Life Asset Management Company, Inc. (SLAMCI), the fund manager and distributor of the Sun Life Prosperity Funds, has partnered with BlackRock, one of the world’s leading providers of investment, advisory, and risk management solutions, to launch its own World Income Fund.
Bangko Sentral ng Pilipinas (BSP) Selects Hyperledger Fabric for Central Bank Digital Currency (CBDC) Pilot Project
The Bangko Sentral ng Pilipinas (BSP) has selected Hyperledger Fabric as the distributed ledger technology (DLT) for its wholesale Central Bank Digital Currency (CBDC) pilot project: Project Agila, formerly known as Project CBDCPh. Project Agila aims to orient the BSP and participating financial institutions on CBDC technology solutions that have the potential to enhance the country’s large-value payment system.
The Securities and Exchange Commission (SEC) has empowered crowdfunding portals to act as registrars of qualified institutional and individual buyers, as it ramps up efforts to boost the capital market.
SEC PH Would Raise Minimum Penalties for Late, Non-Filing of Reports By Up To 1,900% and Advise Corporations to Apply for Amnesty
The Securities and Exchange Commission (SEC) is directing corporations to comply with their reportorial requirements on time, as the Commission is set to raise basic penalties on the late and non-filing of reports by as high as 1,900%.
The stock trading platform of GCash is now online, giving its million users the opportunity to invest in Philippine equities.
The Financial Stability Coordination Council (FSCC) approved a range of actions which will enhance the resilience of the country’s financial system and strengthen its ability to absorb risks. These actions cover a broad range, from communication to the capital and contingent markets, as well as having in place both the right tools and better data to pre-emptively manage possible contagion risks.
The Securities and Exchange Commission (SEC) has successfully secured the conviction of six individuals involved in an investment scam operated by GDM Finance SARL, marking the 22nd conviction for violations of the country’s securities law.
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ABOUT THE BLOGGER
Hi, I'm Ralph Gregore Masalihit!
An RFP Graduate (Registered Financial Planner Institute - Philippines).
A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy).
Currently, I'm working my way toward time and financial freedom.