Personal Development, Business, Finance, and Investing for Everyone
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The Philippine Stock Exchange, Inc. (PSE) received a report of a fraudulent cryptocurrency investment scheme that misrepresented PSE as the supposed institution that authenticates or grants licenses for cryptocurrency trading.
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The Philippine Social Security System proudly announced the launch of its latest mobile app with upgraded features to enhance its user experience.
SSS revealed that the number of new SSS members from January to July 2024 increased by 165% to 2.4 million, up from 923,000 new members in the same time last year.
The Securities and Exchange Commission (SEC) is exploring the development of a futures market in the Philippines, as it seeks to expand options for investors and further deepen the capital market.
Finance Secretary Ralph G. Recto lauds the enactment of a new law that will ensure equitable tax treatment on all digital businesses providing services in the Philippines and boost much-needed revenue collections to aid national development.
The Securities and Exchange Commission (SEC) has released the guidelines for the accreditation of market participants offering Personal Equity and Retirement Account (PERA) products.
The Asian Development Bank released a report stating that moderate inflation, monetary easing, and continued state investment, particularly on large infrastructure projects, would boost Philippine economic growth this year and next.
The Department of Finance (DOF) led the first inaugural meeting of the joint working group (JWG) on financial technology (FinTech) with the Indian Government on September 12, 2024 in New Delhi, India to advance the sector and boost financial inclusion for all Filipinos.
The Philippine Board of Investments surpasses its P1.26 trillion full year investment approvals for 2023 as it reaches P1.35 trillion by its 57th founding anniversary on September 16, 2024. This figure marks a significant 82% increase from the P741.98 billion approved in January to September 15 last year.
The Securities and Exchange Commission (SEC) has issued a cease and desist order against Farm to Market (F2M) Agri-Farm OPC and its related entities for soliciting investments from the public without the necessary approvals from the Commission.
According to the PSA, the number of Overseas Filipino Workers (OFWs) who worked abroad from April to September 2023 was estimated at 2.16 million, an increase of 9.8% from the previous year’s estimated number of 1.96 million. Overseas Contract Workers (OCWs) or Filipino workers with existing work contracts, comprised majority or 98.1% of the total OFWs during the period.
The Philippine Amusement and Gaming Corporation (PAGCOR) announced that the country’s Gross Gaming Revenues (GGR) for the second quarter reached P89.23 billion, which is 32.32% higher than the P67.43 billion GGR in the same period last year.
The Republic of the Philippines successfully returned to the international capital markets for the second time in 2024 with its USD 2.5 billion triple-tranche 5.5-year, 10.5-year, and 25-year SEC-registered Fixed Rate Global Bonds.
The Republic of the Philippines started offering its second external issuance of 2024 through a triple-tranche 5.5-year, 10.5-year, and 25-year Securities and Exchange Commission-registered Fixed Rate US Dollar Global Bonds.
The Philippine Statistics Authority (PSA) strongly warns the public against online scams spreading in social media sites promising P5,000 cash assistance for National ID holders.
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