Venture Capital Funding
The central bank wants local financial technology (fintech) firms to play a bigger role in the new economy that will emerge from the coronavirus pandemic to include lending money on…
Internal revenue allotment (IRA) shares to be disbursed by the Department of Budget and Management (DBM) in 2021 will rise to P695.5 billion for 43,647 local government units (LGUs), which…
As investor appetite for government securities recovered in April, outstanding IOUs sold by the Bureau of Treasury further increased to P5.56 trillion that month. Government securities had become delectable investment…
The economic stimulus bill filed in Congress includes an allocation of P20 billion for mass testing for COVID-19 in metropolitan areas, but the passage of the bill has been slow…
UBX, the fintech arm of Union Bank of the Philippines, has teamed up with e-commerce platform Lazada to offer credit lifeline to micro, small and medium enterprises (MSMEs) grappling with…
The Government Service Insurance System (GSIS) has further extended to June 30 the last day for pensioners born in the months of March to May to present “proof of life”…
MANILA, Philippines — The economic team has slashed the amount set aside to build infrastructure this year even as total expenditures on public goods and services were jacked up to…
a prototype of the Ventura CPAP device solution that IMI will produce in the Philippines Ayala-led Integrated Micro-Electronics Inc. (IMI) seeks to bring down the cost of nursing coronavirus (COVID-19)-afflicted…
The Insurance Commission (IC) has provided additional regulatory relief amid the COVID-19 crisis, this time allowing insurers to set aside a bigger chunk of their net worth for loans and…
MANILA, Philippines — Contrary to “fake news” spreading around which even name-dropped President Rodrigo Duterte, the Philippine government is not enjoining all Filipino citizens to invest in cryptocurrencies, the Department…
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