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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.
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 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.
 Invest in Philippine stocks with the most advanced web and mobile stock trading platform in the country.
SEC clears public offerings by Repower Energy Development Corporation, and Fora Services, Inc.5/7/2023  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.
 The Philippine Eagle, one of the rarest and most powerful birds of prey in the world, is featured on the new 1000-Piso polymer banknote to highlight the importance of the preservation of this endangered species. The 1000-Piso polymer banknote of the Bangko Sentral ng Pilipinas (BSP) won the International Banknote Society’s (IBNS) “Banknote of the Year Award” for 2022.
 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 Act5/2/2023  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).
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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. Connect
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