Personal Development, Business, Finance, and Investing for Everyone
An investment in knowledge always pays the best interest.
![]() (From left) BSP Deputy Governor Bernadette Romulo-Puyat, Insurance Commission’s Atty. Juan Paolo P. Roxas, BSP Deputy Governor Chuchi G. Fonacier, SEC Assistant Director Paolo R. Cruz, PDIC President Roberto B. Tan and Corporate Affairs Vice President Jose G. Villaret, Jr. led the “turning of the key” ceremony of the “Protect Your Money” campaign. The Financial Sector Forum (FSF) has launched the 2025 “Protect Your Money” (PYM) information campaign to empower financial consumers and combat scams. The launch was held on 17 June 2025 at the Bangko Sentral ng Pilipinas (BSP) head office in Manila.
0 Comments
The public is being warned by Ayala Corporation about a phishing scheme that uses fake Ayala email accounts and executive names, such as Rosario Carmela Austria, to invite suppliers to take part in purported Ayala projects. These scams claim to give accreditation to suppliers if they pay a refundable supplier deposit.
The Philippine Stock Exchange, Inc. (PSE) and the Commission on Filipinos Overseas (CFO) will jointly undertake programs aimed at empowering overseas Filipinos to become active participants in the Philippine capital markets. The collaboration was formalized through the signing of a Memorandum of Understanding on Tuesday, June 17, 2025, which coincides with CFO’s 45th anniversary.
The Bangko Sentral ng Pilipinas (BSP) has released the implementing rules of Republic Act No. 12010 or the Anti-Financial Account Scamming Act (AFASA). This landmark law curbs financial scams, protects consumers, and strengthens trust in the financial system.
The number of stock market accounts in the Philippine Stock Exchange reached 2.86 million in 2024, up by 50.1 percent from 1.91 million in 2023. This was fueled by a 62.0 percent surge in online accounts to 2.47 million from 1.53 million.
The Philippine Stock Exchange, Inc. (PSE) has been made aware of the resurgence of a fraudulent investment scheme that uses the name and logo of the Exchange in fabricated documents that certify stock ownership and demand fees for the release of capital gains.
SEC Issues Warning Against Unauthorized Use of Personal Financial Accounts or Being "Money Mules"5/28/2025 The public, especially individuals and companies, with registered bank accounts, e-wallets such as GCash and Maya, online financial platforms such as Palawan Express, or other financial accounts, is strongly advised not to share, lend, rent out, or allow other people or entities to use their personal financial accounts.
The SEC has warned the public that persons or groups of persons claiming to represent or be affiliated with lending or financing companies registered with the Commission have been found to be victimizing the public through a scheme called the advance fee loan scam, wherein victims are required to pay a certain amount in exchange for the release of a loan. Victims are drawn into paying the amount asked as they are promised that the advance payment will be returned as part of the loaned amount.
The Bangko Sentral ng Pilipinas (BSP) partnered with the Microfinance Council of the Philippines, Inc. (MCPI) and the Rural Bankers Association of the Philippines, Inc. (RBAP) to expand financial education for low-income families.
The Bangko Sentral ng Pilipinas (BSP) has signaled to investors and analysts in Milan, Italy that it is considering more interest rate cuts amid a favorable inflation outlook, which supports investment and growth.
The Bangko Sentral ng Pilipinas (BSP) advises the public that it will temporarily suspend the operation of Coin Deposit Machines (CoDMs), installed in select malls* in the Greater Manila Area, starting 17 June 2025. Persons who want to exchange their coins may still use the CoDMs until 16 June 2025.
SEC Holds Inaugural ASTIG Partners Meeting to Enhance Financial Literacy, Fight Financial Scams5/19/2025 The Securities and Exchange Commission (SEC) is ramping up collaboration efforts with its network of partners to promote financial literacy and combat fraudulent investment activities among the public.
Recently, the Securities and Exchange Commission (SEC) warns the public of an alarming rise in the use of deepfake technology by scammers to promote fraudulent investment opportunities.
The Bangko Sentral ng Pilipinas (BSP) has received reports that an entity named “UNA Financing Corporation” is fraudulently using the BSP’s name and logo, and the names of BSP employees and officers.
Pag-IBIG Fund will maintain its low interest rates on housing loans until June 2025, marking the second consecutive year of offering affordable home financing and defying the upward trend in market lending rates, top officials announced.
|
PLACE YOUR ADS HERE YOUR PAYDAY REMINDER FEATURED PARTNER FEATURED PROMOTIONS FEATURED MENTIONS PLACE YOUR ADS HERE PLACE YOUR ADS HERE For more updates about Personal Development, Financial and Investment Education. Join and Subscribe to my Newsletter. It's FREE! ABOUT THE BLOGGERHi, 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. PLACE YOUR ADS HERE Follow me on |