Personal Development, Finance, and Investing For Filipinos
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The Bureau of the Treasury (BTr) launched the 29th offering of its Retail Treasury Bonds (RTB 29) with a tenor of five and a half (5.5) years and a gross interest rate of 6.125% per annum that is payable every quarter until its maturity in 2028.
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The Retail Treasury Bonds (“RTBs”) form part of the National Government’s program to make government securities available to retail investors, especially individuals.
Pag-IBIG Members Save Record-High P79.9B In 2022, Up 25%; MP2 Savings Reach Nearly P40B, Up 53%2/7/2023 Highest ever! Pag-IBIG Fund members collectively saved nearly P80 billion in 2022, setting yet another record for the highest amount saved by members with the agency in a single year, its top officials said.
Bangko Sentral Ng Pilipinas (BSP) Adjusts Interest Rate Ceiling On Credit Card Transactions1/22/2023 The Monetary Board decided to adjust the ceilings on credit card transactions by increasing the maximum interest rate or finance charge imposed on a cardholder’s unpaid outstanding credit card balance by 100 basis points (bps) or from 2 percent to 3.0 percent per month.
Pag-IBIG Fund Releases Record-High P118B Home Loans In 2022: Over 100,000 Members With New Homes1/20/2023 Pag-IBIG Fund released a record-high P117.85 billion in home loans to finance the housing units of 105,212 members in 2022, its top officials announced January 18 (Wednesday).
The Social Security System (SSS) said today it has started implementing the provisions of the Republic Act of RA 11199 or the Social Security Act of 2018, which mandated a contribution hike to ensure the financial viability of the state pension fund for private sector workers.
On November 29, education tech (edtech) solutions provider Anthology partnered up with the U.S. Embassy in Manila for a Higher Education Leadership Forum in Grand Hyatt Manila, Bonifacio Global City, Taguig.
Last year, the Bangko Sentral ng Pilipinas (BSP) and the Philippine Payments Management, Inc. (PPMI) successfully launched the "Bills Pay PH."
The Securities and Exchange Commission (SEC) is moving its payment channels online and offsite by February 1, 2023, as it continues to implement a zero face-to-face transaction policy.
The SSS has launched a new variant of its voluntary retirement savings scheme, known as the Worker’s Investment and Savings Program Plus (WISP Plus).
Pag-IBIG Fund netted a record-high income of P38.06 billion from January to October 2022, the agency’s top executives announced on Monday (December 12)
The Securities and Exchange Commission (SEC) is considering accrediting service providers and agents who may assist the public in processing applications for company or partnership registration, and other transactions with the Commission.
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