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Wednesday, May 8, 2024

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BSP: New reforms for 2020 ready

By Joann Villanueva The Bangko Sentral ng Pilipinas (BSP) is set to implement two new regulations targeted to further protect banks’ operational risks by 2020. In...

Globe Telecom reports 3Q2019 profit up by 17%

By THEPHILBIZNEWS STAFF With the sustained growing demand for data and related products and services, Globe posted a P17.7 billion profit in the third quarter...

ML and LBC: Creating more gateways for their remittance customers

Text and photo by Jay Luna Continuing to carve its name as the Philippines’ largest and most respected non-bank financial institution, MLhuillier Financial Services, Inc....

SMC’s Food and Beverage revenues up by 10% in 3Q2019

By THEPHILBIZNEWS STAFF For the first nine months, San Miguel Food and Beverage, Inc. (SMFB) ended with consolidated revenues of P226.36 billion, up 10% over...

Credit Card owners warn against online fraud

Graphic from THEPHILBIZNEWS By Victoria "NIKE" De Dios With the alarming increase of fraudulent online transactions using a credit card, the Credit Card Association of the...

Inflation may drop below 0.9 percent – MB member

By Joann Villanueva A member of the policy-making Monetary Board (MB) expects domestic inflation rate moving sideways or even drop further before end 2019. “The inflation...

2,500 branches of M Lhuillier now offer Smart, Sun services

By Jay Luna M Lhuillier and Smart Communications, Inc. have come together, forging a new partnership over a shared commitment to upgrade telecommunications services in the Philippines. After...

No more BSP rate cuts for ’19 but possibly for RRR

By Joann Villanueva Philippine monetary officials are done with policy rate easing this 2019 but may possibly slash banks’ reserve requirement ratio (RRR) if inflation decelerates further. In...

Peso, stocks rise ahead of US-China trade talks

By Joann Villanueva Optimism on the scheduled trade talks between US and China later this week lifted investors’ sentiments and allowed the peso to improve against the...

SEC halts Scentkoworld’s ‘buy and earn’ scheme

By THEPHILBIZNEWS STAFF The Securities and Exchange Commission (SEC) has ordered Scentko World Corporation (Scentkoworld) and Brendahl Cruz Holdings, Inc. (Brendahl) to stop soliciting investments from the...

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