Personal Development, Business, Finance, and Investing for Everyone
An investment in knowledge always pays the best interest.
The Securities and Exchange Commission (SEC) introduced its framework for the issuance of blue bonds in front of the business community and the investing public on Tuesday, seeking to encourage more companies to make use of the new investment product in achieving their sustainability goals.
The Securities and Exchange Commission (SEC) is warning the public against using online cryptocurrency exchange Binance, as it moves to have the platform blocked in the Philippines to safeguard the public from unregistered investment products.
On 29 November 2023, the Republic of the Philippines (the "Republic") successfully priced its Sukuk issuance (“Sukuk”), utilizing real estate assets under Ijara and Wakala, together with a Commodity Murabaha aspect.
Pag-IBIG Fund (HDMF) disbursed P50.79 billion in cash loans in the last ten months, breaking its record for the highest amount of cash loans released from January to October. The amount released benefited 2,281,042 Pag-IBIG Fund members, which is also a record high.
S&P Global affirmed the Philippines’ ‘BBB+’ long-term and ‘A-2’ short-term sovereign credit ratings with stable outlook in view of the country’s sustained economic recovery and strong external position.
Finance Secretary Benjamin E. Diokno has expressed full confidence that the Philippine economy remains firmly on the path to recovery and progress, as evidenced by its solid economic performance in the first three quarters of the year, the strong gross domestic product (GDP) forecasts for the country by international financial institutions, and the Marcos, Jr. administration’s comprehensive policy thrusts to accelerate economic development.
According to its advisory, the Securities and Exchange Commission (SEC) informs the public that the online cryptocurrency exchange Binance is not authorized to sell or offer securities to the public in the Philippines.
SEC PH Allows the Philippine Stock Exchange (PSE) to Negotiate the Takeover of the Philippine Dealing System (PDS)
The Securities and Exchange Commission (SEC) has given The Philippine Stock Exchange, Inc. (PSE) the green light to negotiate the acquisition of additional shares in Philippine Dealing System Holdings Corporation (PDS Group), subject to further review and approval.
In line with its shared mission to help uplift the lives of Filipinos through financial literacy, GCash, the country’s number one finance super app, has partnered with the Securities and Exchange Commission (SEC) to launch its Financial Education Campaign for 2023, which aims to help millions of Filipinos, including Nano, Micro, Small, and Medium Enterprises (NMSMEs) adopt digital financial solutions aimed at improving their livelihood.
Beware of the pig butchering scams! Scammers have become smart and are taking advantage of social media platforms.
SEC PH Warning: Avoid Dealing with Foreign Companies, Organizations, and Entities That Are Not Registered
The Securities and Exchange Commission (SEC) urges the public to be careful when dealing or transacting with corporations or entities that are not licensed or registered in the Philippines.
PDAX announces that they will be supporting the use of Native USDC issued by Circle on the Polygon PoS network, replacing Bridged USDC (USDC.e).
PDAX is now more than just a crypto app because it introduced the availability of Philippine Government Bonds on its platform.
The Bureau of the Treasury (BTr) marked its 126th anniversary with the launch of the Republic’s first-ever Tokenized Treasury Bonds (TTBs), aimed at promoting greater financial inclusion and broader participation in the bond market.
The Securities and Exchange Commission (SEC) is empowering overseas Filipino workers (OFWs) to spot investment scams and manage their finances better, as it joined forces with the Department of Migrant Workers (DMW) for its financial literacy and investor education campaign.
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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.