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A service for finance industry professionals · Friday, June 2, 2023 · 637,244,065 Articles · 3+ Million Readers
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Philippines Finance Industry Newswire

  • Published on Jun 1, 2023

    Typhoon Mawar threatens Japan after slamming Guam

    Powerful Typhoon Mawar, known as Cyclone Betty in the Philippines, is on track to hit Japan's Okinawa Islands, according to weather forecasts, with the only good news is that the storm is gradually lo...

    Source: InsuranceAsia News - Neutral
  • Published on May 29, 2023

    EXPLAINER: How China got into the Philippines’ power grid

    MANILA, Philippines – Lawmakers have sounded the alarm over various issues hounding the National Grid Corporation of the Philippines (NGCP), which include alleged security and spying risks, as well as exorbitant dividends amid power outages in many areas …

    Source: Rappler - Neutral
  • Published on May 29, 2023

    Ayala eyes investment deals as it recycles capital

    Ayala previously announced a planned divestment of its Light Rail Transit Line 1 shares as part of a broader sale of non-core assets, and it remains open to it. Image Credit: REUTERS Manila: Ayala, the oldest Philippine conglomerate, is looking to complete …

    Source: Gulf News - Pro-Government
  • Published on May 29, 2023

    Philippines’ Ayala Eyes Investment Deals as it Recycles Capital

    (Bloomberg) -- Ayala Corp., the oldest Philippine conglomerate, is looking to complete within a year the reinvestment of $1 billion of its capital into emerging businesses, banking on continued expansion in the Southeast Asian economy. The company, which …

    Source: BNN Bloomberg - Neutral
  • Published on May 29, 2023

    Cebuana Lhuillier expands its affordable healthcare insurance with the launch of HealthMax

    Making affordable HMO available for every Filipino Aside from the toll it has taken on human lives and the local economy, the impact of the COVID-19 pandemic on families can also be seen in the rise in their health expenditure due to many prolonged …

    Source: Manila Standard - Pro-Government
  • Published on May 28, 2023

    Rigen Marketing officials jailed for investment fraud

    MANILA, Philippines — The Securities and Exchange Commission (SEC) has scored victory against a company found to have committed fraud against the public by soliciting investments illegally. The SEC said officers of Tagum City-based Rigen Wellness Product …

    Source: Philippine STAR - Uncategorized
  • Published on May 29, 2023

    Pimentel questions delegation of power to Maharlika Investment Corp.

    Metro Manila (CNN Philippines, May 29) — Senate Minority Leader Koko Pimentel on Monday questioned the role that will be given to Maharlika Investment Corp., saying it will limit the authority of Congress on several matters. Speaking to CNN Philippines’ …

    Source: CNN Philippines - Neutral
  • Published on May 29, 2023

    Cayetano: Is the Maharlika Investment Fund the optimal choice for the Filipino people?

    PHILIPPINES, May 29 - Press Release May 29, 2023 Cayetano: Is the Maharlika Investment Fund the optimal choice for the Filipino people? Senator Alan Peter "Compañero" Cayetano will speak on the Maharlika Investment Fund (MIF) as he takes the …

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  • Published on May 29, 2023

    Baguio councilor proposes issuance of bonds to finance city projects

    'The issuance of bonds is a secure financial mechanism that welcomes every bondholder and resident to develop a sense of responsibility towards certain development projects of the city,' says Councilor Levy Lloyd Orcales BAGUIO CITY – A Baguio City …

    Source: Rappler - Neutral
  • Published on May 31, 2023

    NomuPay, ‘All Access Pass’ Payment Platform, Raises $53.6 Million

    The Dublin-based unified payments platform NomuPay has raised $53.6 million to help businesses in Southeast Asia, Turkey, and Europe accept local payments and get paid. People also took part in the round, which was led by Finch Capital and Outpost Ventures …

    Source: Fintechs.fi - Neutral
  • Published on May 28, 2023

    Kuwait Remains Open To Negotiating With The Philippines Over Domestic Workers

    Select News Category.. Article Automotive Bollywood Business Civil ID Coronavirus Crime News Crypto Currency and Exchange Dependent Visa Driving License Economics Education Entertainment Events Expats Filipinos Food General Hajj And Umrah Health Health …

    Source: Kuwait Local - Right-wing
  • Published on May 31, 2023

    Other better ‘gambles’ than Maharlika

    One of our readers, Marvel Tan, came up with a valid point on why our lawmakers should allot more time to crafting a better bill that would establish and define the operations of the proposed Maharlika Investment Fund (MIF). In the early hours of Wednesday …

    Source: Philippine STAR - Uncategorized
  • Published on May 31, 2023

    Ex Jollibee CFO named FDC COO

    MANILA, Philippines — Jollibee Foods Corp.’s long time chief financial officer Ysmael Baysa has moved to the Gotianun Group as chief operating officer of Filinvest Development Corp. (FDC). Baysa, whose appointment received the green light from FDC’s board …

    Source: Philippine STAR - Uncategorized
  • Published on May 31, 2023

    CPG buys out Japanese partner in housing JV

    MANILA, Philippines - The Antonio Group’s Century Properties Group (CPG) has acquired the shares of its partner Mitsubishi Corp. in their joint venture PHirst Park Homes Inc. (PPHI) and Tanza Properties Inc. (TPI). CPG’s board of directors approved the …

    Source: Philippine STAR - Uncategorized
  • Published on May 28, 2023

    US debt talks breakthrough may lift stocks

    MANILA, Philippines — Stock investors can now heave a sigh of relief this week as talks over the US debt ceiling came to a positive close. The bipartisan deal would raise the debt limit for two years while cutting and capping some government spending, a …

    Source: Philstar - Pro-Government
  • Published on May 28, 2023

    What is parametric insurance?

    PARAMETRIC Insurance offers a modern approach to risk management by providing insurance coverage based on specific factors rather than complex evaluations. Unlike traditional insurance that relies on subjective assessments, parametric insurance utilizes …

    Source: The Manila Times - Uncategorized
  • Published on May 28, 2023

    The US-Philippine Economic Partnership

    President Ferdinand “Bongbong” Marcos, Jr. has made his administration’s pivot to the United States a major plank of his presidency. He has offered to host additional military sites in the country for US forces and forged a stronger military alliance and …

    Source: Business World - Label Pending
  • Published on May 28, 2023

    Crisis-proofing the Philippine banks

    By Mariedel Irish U. Catilogo, Researcher FOR THOSE who lived through the 2008 Global Financial Crisis, the fallout in the international banking scene dominated by the collapse of the Silicon Valley Bank (SVB) earlier this year felt like a déjà vu. The …

    Source: Business World - Label Pending
  • Published on May 28, 2023

    LANDBANK-DBP merger: Philippines’ boon or bane?

    By Abigail Marie P. Yraola, Researcher THE PROPOSED MERGER of the Land Bank of the Philippines (LANDBANK) and Development Bank of the Philippines (DBP) has once again come to light in the first quarter of 2023 despite time running out from previous …

    Source: Business World - Label Pending

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