Personal Development, Business, Finance, and Investing for Everyone
An investment in knowledge always pays the best interest.
 Bangko Sentral ng Pilipinas Governor Eli M. Remolona, Jr. has been recognized as one of the top-performing central bank governors globally, receiving an “A-” rating in Global Finance magazine’s 2024 Central Banker Report Cards. The prestigious annual ranking evaluates central bankers from nearly 100 countries, territories, and regions.
0 Comments
 An app that can help Filipinos plan for a financially secure retirement emerged as the top proof-of-concept (POC) at Race to the Future: The Open Finance PH Hackathon conducted by the Bangko Sentral ng Pilipinas (BSP) in partnership with the International Finance Corporation (IFC) from 15 July to 7 August 2024.
 Moody’s Ratings (Moody’s) affirmed the Philippines' investment-grade credit rating of “Baa2” with a “stable” outlook.
 According to PSA, the Total Foreign Investments (FI) approved in the second quarter of 2024 was recorded at P189.50 billion, an increase of 220.7% from the P59.09 billion total FI in the same quarter of 2023. Among the 13 Investment Promotion Agencies (IPAs), six (6) reported foreign investment pledges which were as follows: Board of Investments (BOI), BOI-Bangsamoro Autonomous Region in Muslim Mindanao (BOI-BARMM), Clark Development Corporation (CDC), Philippine Economic Zone Authority (PEZA), Subic Bay Metropolitan Authority (SBMA), and Zamboanga City Special Economic Zone Authority (ZCSEZA).
 The Philippine Statistics Authority (PSA) welcomes the issuance of the Bangko Sentral ng Pilipinas (BSP), which requires the acceptance of the Digital National ID, and the use of the National ID authentication services in financial transactions.
 The Monetary Board approved the continued participation of the Philippines, through the Bangko Sentral ng Pilipinas (BSP), in the Financial Transactions Plan (FTP) of the International Monetary Fund (IMF) for the period August 2024 to January 2025.
IC: HMOs Mark Return to Profitability in 2024 with 15.65% Increase in Healthcare Benefits in H1-20248/19/2024  Healthcare benefits paid out by health maintenance organizations (HMOs) to its members amounted to P30.33 billion as of the first half of 2024, which is a 15.65% increase from healthcare benefits paid out during the same period last year.
 Committed to upskill and reskill local micro, small, and medium enterprises (MSMEs), the Department of Trade and Industry (DTI), in partnership with the Bangko Sentral ng Pilipinas (BSP) and the BDO Foundation, launched a series of educational videos aimed at empowering Filipino micro-entrepreneurs through financial education.
 Kapa Community Ministry International, Inc. (KAPA) founder Joel Apolinario was found guilty of estafa following a complaint filed by one of its investors in Cebu who did not receive the promised interest for his P500,000 investment.
 The Bangko Sentral ng Pilipinas (BSP) and the Department of Labor and Employment (DOLE) are encouraging leaders of the labor and employer sectors to promote the use of safe and efficient digital wage payments.
 The Philippines has clinched an A- investment grade rating from another Japan-based credit rating agency. Rating and Investment Information, Inc. (R&I) upgraded its rating on the Philippines from the “BBB+” with positive outlook last year, to “A-” with stable outlook.
 The Securities and Exchange Commission (SEC) is advising the public not to engage with Bagong Bansang Maharlika (BBM) International Inc., a group whose corporate registration has been revoked due to its illegal solicitation of investments.
 The Philippine Stock Exchange, Inc. (PSE) received reports of a fraudulent cryptocurrency investing scheme using PSE’s logo and name on its website.
 The Bangko Sentral ng Pilipinas (BSP) and the Trust Officers Association of the Philippines (TOAP) highlighted the need to invest smart for retirement during a Personal Equity and Retirement Account (PERA) forum at the BSP head office in Manila on July 17, 2024.
 The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has approved the lifting of the moratorium on the grant of new digital banking licenses starting January 1, 2025 and allowed a maximum of ten (10) digital banks to operate in the country.
|
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 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. Connect
|