World Bank
World Bank approves $800M loan to boost Philippine economy, job creation
MANILA, Philippines – The World Bank (WB) has approved an $800-million Development Policy Loan (DPL) to help the Philip…
Finance
News and Events
BSP now limits bank cash withdrawals to ₱500,000 daily
MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) has imposed a limit of ₱500,000 per banking day on cash wit…
Sen. Sherwin Gatchalian
PH debt soars: Pinoys now owe ₱142K each
MANILA, Philippines – Each Filipino now effectively owes ₱142,000 due to PH debt , Senator Sherwin Gatchalian warned du…
time deposits
EXPLAINER: Where will the 20% tax on bank depositors’ savings be deducted?
MANILA, Philippines – Public reactions have been mixed, but a significant number of Filipinos have expressed concern an…
Money
BSP adjusts cap on credit card interest rate to 3% per month
MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) has decided to adjust the ceilings on credit card transacti…
ShopeePay
Things Only Financially Independent Millennials Can Relate to
MANILA, Philippines – Were you born between 1981 to 1996? If you answered ‘yes,’ then you’re a millennial! Millennials …
public school teachers
DepEd warns teachers: Pawning ATM payroll account for loan collateral is 'illegal'
MANILA, Philippines – The Department of Education (DepEd) gave a warning against teachers who pawn their ATM payroll ac…
Money
5 best things to do to financially survive COVID-19 pandemic
MANILA, Philippines – It’s been more than 3 months since COVID-19 pandemic hit everyone. Businesses had closed and lef…
tax exemption
Sotto wants public school teachers to be exempted from income taxes
MANILA, Philippines – A bill has been filed in the Senate seeking the exemption of teachers I, II and III from paying …
wealth
Villar, Pacquiao PH's richest senators, Trillanes poorest
MANILA, Philippines – Senators Cynthia Villar and Manny Pacquiao remain to be the country's wealthiest senators. …
world's richest
Manny Villar is now the richest man in the Philippines
MANILA – The Philippines’ newest richest man is business tycoon Manny Villar, Forbes Magazine announced Tuesday. M…
teachers update
Duterte wants to stop ‘5-6 lending’ allegedly victimizing government employees, teachers
MANILA, Philippines – President Rodrigo Duterte wanted to stop the ‘5-6’ lending system which he says victimizes gover…
wages
Panelo: Duterte loves the teachers, salary hike may be in 2-3 months
MANILA, Philippines – Presidential spokesman Salvador Panelo shared that teachers are loved and well taken care of by …
PS Bank
Six penny-pinching tips to increase your savings
MANILA, Philippines – Do you find yourself wishing you could stretch your money just a bit further and be able to add …
viral and trending
“Iskolar ng bayan” achieves dream of becoming a millionaire at age 26
MANILA, Philippines – They say that dreams do come true, only if we are courageous enough to strive hard for it. This …
News and Events
Government workers to receive 14th month pay, cash bonus starting November 15
MANILA, Philippines – Government workers are in for an early treat as they are set to receive 14th month pay and year-…
Prudential plc
Pru Life UK introduces affordable, renewable term product
MANILA, Philippines – British life insurance company Pru Life UK, a subsidiary of international financial services gro…
iMoney
Financial Comparison Website iMONEY arrives in the Philippines
One of South East Asia’s fastest-growing financial comparison websites, iMoney, has officially arrived in the Philippi…