Personal Development, Business, Finance, and Investing for Everyone
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BSP Signs Financial Literacy MOA with TESDA, BDO Foundation; Over 4M Tech-Voc Learners to Benefit
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 save a record-high P27.51B in Jan-Apr 2023, up 10%; MP2 Savings reach P13.89B, up 14%
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.
Fitch Affirms Phil BBB Investment-Grade Credit Rating, Upgrades Outlook to Stable
Fitch Ratings has affirmed the Philippines’ investment-grade credit rating of ‘BBB’ and revised the outlook to ‘stable’ from ‘negative.’
SEC Philippines takes down more illegal lenders, warns of new penalties under FCPA
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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SEC clears public offerings by Repower Energy Development Corporation, and Fora Services, Inc.
The Securities and Exchange Commission (SEC) has considered favorably the initial public offering of Repower Energy Development Corporation, and the public offering by Fora Services, Inc. of participation certificates for a condotel in Tagaytay.
In an economy, it is not always the businesses or producers who have the final say and are on top of everything. Consumers, likewise, do their share.
SEC Philippines issues implementing rules of Financial Products and Services Consumer Protection Act
The Securities and Exchange Commission (SEC) has released the implementing rules and regulations (IRR) of Republic Act No. 11765, or the Financial Products and Services Consumer Protection Act (FCPA).
The Bangko Sentral ng Pilipinas (BSP), Japan International Cooperation Agency (JICA) Launch Scoring Model to Improve Credit Access for Small Businesses
The Bangko Sentral ng Pilipinas (BSP) and the Japan International Cooperation Agency (JICA) jointly launched the Credit Risk Database (CRD) Scoring Model to help financial institutions better assess the creditworthiness of small and medium enterprise (SME) borrowers, including those without credit histories or adequate collateral.
Pag-IBIG Fund released a record-high P27.57 billion in home loans during the first quarter of 2023, an increase of P3.36B or 14% compared to the P24.21 billion released during the same period in 2022, its top officials announced on Monday (April 24).
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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.