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BANKING & FINANCE
BSP rolls out cyber hygiene campaign
THE BANGKO SENTRAL ng Pilipinas (BSP), together with the Bankers Association of the Philippines (BAP) and the Bank Marketing Association of the Philippines (BMAP), has launched an information campaign aimed to improve cyber hygiene.
The “Check-Protect-Report” (CPR) information drive aims to help protect financial consumers against illicit activities online, the BSP said in a statement on Monday. …
STOCKS
UnionBank sets final price for rights offer
UNIONBANK of the Philippines, Inc. set the final price for its stock rights offering (SRO) at P56.88 per share, a 36.65% discount from its Thursday close at the stock market.
The Aboitiz-led bank will offer 210.97 million shares and looks to raise P12 billion, it said in a disclosure to the local bourse on Thursday…
IN RECENT NEWS
Cheaper energy expected to tame 2023 PH inflation
A significant drop in international oil prices as well as the efforts...
PH ‘forced to import’ onions due to insufficient local supply, says Marcos
MANILA, Philippines – President Ferdinand “Bongbong” Marcos Jr. on Monday...
Most Asian markets rise on optimism over China, rates
HONG KONG -Markets mostly rose in Asia on Monday, following …
COVID-19 positivity rate in Metro Manila low at 3.7%
Businesses in Hong Kong, Guangdong and Macau…
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Philippines plans to sell at least $545 million in peso bonds
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The real score in Philippines-China relations
The interest in how President Ferdinand Marcos, Jr. will build on the gains made by his predecessor’s recalibrated approach to China and how to move the relationship forward dominated public conversations and debates before and after the May 2022 national elections. In his first State of the Nation address on July 25, 2022, Marcos Jr. declared that the country will be pursuing an “independent foreign policy” and stated further that, “… the Philippines shall continue to be a friend to all [a]nd an enemy to none” and that “[w]e will be a good neighbor — always looking for ways to collaborate and cooperate with the end goal of mutually beneficial outcomes.” ...
January 16, 2023 | 6:05 pm
FEATURES
CIMB cash-in transactions hit all-time high in 2022
CIMB BANK Philippines, Inc. (CIMB Bank PH) saw a 68% growth in total transaction value in 2022, citing strong performance on its deposits and lending portfolios…
UnionBank sets final price for rights offer
UNIONBANK of the Philippines, Inc. set the final price for its stock rights offering (SRO) at P56.88 per share, a 36.65% discount from its Thursday close at the stock market…
Filipino-owned California care home among 4 punished for underpaying workers
SACRAMENTO, California – An ongoing compliance drive by the U.S. Department of Labor found that four Sacramento-area home care providers, among them a Filipino-owned care…