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 The Philippine Digital Asset Exchange, also known as PDAX, announced that starting July 1, 2024, they will implement a change to their rate for cryptocurrency withdrawals.
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 Social Security System (SSS) President and Chief Executive Officer Rolando Ledesma Macasaet called on members to take advantage of the SSS savings program that will allow their invested money to grow and earn a higher return yearly.
 From January to April 2024, Pag-IBIG Fund released P22.63 billion in cash loans, benefiting 965,291 members, according to agency officials. This is a 38% increase over the P16.44 billion releases in the same period of 2023, assisting nearly 200,000 more members than the previous year's 766,258.
 The Securities and Exchange Commission (SEC) has issued cease and desist orders (CDO) pursuant to Republic Act No. 11765, otherwise known as the Financial Consumer Products and Services Consumer Protection Act, against the six financing and lending companies.
 The Securities and Exchange Commission (SEC) has issued a cease and desist order (CDO) against Humanitarian and Spiritual Mission Apostulates of Davao and Asia, Inc., HASMADAI Foundation, Inc. and Humanitarian Institute of Technology Corp. (collectively “HASMADAI”) for their unauthorized solicitation of investments.
DTI Pushes for PH Credit Rating Upgrade, Pitches Economic Strength and Investment Opportunities6/20/2024  The Philippines is a very promising economy and its strong fundamentals position it for continued growth and development, according to Department of Trade and Industry (DTI) Secretary Fred Pascual’s pitch during the meeting with Rating and Investment Information, Inc. (R&I), June 20.
 (L-R) Department of Information and Communications Technology e-Government undersecretary David Almirol Jr., secretary Ivan Uy, Special Assistant to the President for Investment and Economic Affairs secretary Frederick Go, Socioeconomic Planning secretary Arsenio Balisacan and Philippine Statistics Authority National Statistician undersecretary Claire Dennis Mapa In line with a shared mission to promote financial inclusion in the country, the Philippine Statistics Authority (PSA), together with the Department of Information and Communications Technology (DICT), has tapped GCash as a pilot testing partner for its National ID eVerify platform.
DTI-BOI Reports Recorded P640.22 Billion Investments Approval in First 5 Months of 2024, Up 14% YOY6/18/2024  The Philippines continues to build momentum in attracting investments, following the Department of Trade and Industry’s Board of Investments (BOI) newly recorded P640.22 billion worth of approved investments from January to May 2024. This marks a 14% increase from the P562.90 billion reported in the same period last year, making it the highest first five-month approval in the BOI’s 57-year history.
 Attention, Filipino freelancers and digital nomads! You can now use GCash to transfer your PayPal funds!
 The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) approved on 30 May 2024 the issuance of Circular No. 1195 on the Consumer Redress Mechanism Standards for Account-to-Account Electronic Fund Transfers (EFTs) under the National Retail Payment System (NRPS) framework.
 A significant platform update was recently announced by the Philippine Digital Asset Exchange, or PDAX, which has the potential to completely revolutionize the cryptocurrency trading experience. Introducing the highly anticipated Limit Order feature!
The Social Security System (SSS) announced that its members can improve their retirement and savings with the MySSS Pension Booster program, which has a projected annual return rate of 7.2 percent.
 Fitch Ratings has kept the Philippines' "BBB" credit rating with a "stable" outlook in its latest rating action. This investment-grade credit rating has been in place since December 2017.
 The Bangko Sentral ng Pilipinas (BSP) supports the efficient roll-out of the eTravel Customs System in all international airports.
 BSP Deputy Director Jann Ryan D. Jose (in photo, middle) received the award on behalf of the central bank from IACA Chairman Richard Wall (right) and IACA Executive Director Marci Chavez (left) on May 15, 2024 in Texas, USA during the Currency Research 2024 Banknote Conference. The Bangko Sentral ng Pilipinas (BSP) received the “2024 Excellence in Currency Technical Award” for its Coin Deposit Machine (CoDM) Project from the International Association of Currency Affairs (IACA).
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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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