Singapore Fintech Tonik is Philippines first private neobank
Tonik, the Philippines' first digital-only neobank, makes waves in the local fintech and banking industry. It secures a digital bank license from the Bangko Sentral...
Bangladesh to boost trade with Visayas
Newly installed Honorary Consul General Virgilio Espeleta of the Consulate Office of the People’s Republic of Bangladesh has expressed plans to boost the relations between...
ADB expect Philippine Economy to recover this year
The Asian Development Bank (ADB) expects the Philippine economy to recover at least 4.5 percent this year. Followed by 5.5 percent in 2022. The country’s...
OFBank (Overseas Filipino Bank) gets first Digital Licence in the Philippines
The Philippine's Department of Finance (DOF) has granted the Overseas Filipino Bank (OFBank) the first digital-only and branchless licence. The OFB is a subsidiary of...
Philippines Board of Investments approvals surge in Jan-Feb 2021
Investment approvals at the Board of Investments (BOI) surged by 156 percent in the first two months of the year compared to the same period...
Philippines is set to top IPOs in the region this year
The Philippine Stock Exchange (PSE) is set to see at least seven initial public offerings (IPOs) this year. This occurrence despite lingering uncertainties brought about...
Yoshinoya Partners with Jollibee in Philippines
Filipinos can expect more Yoshinoya stores in the Philippines. The popular Japanese chain has entered into a partnership with homegrown food giant, Jollibee Foods Corporation...
DOF secures US$17-B external financing in 2020 for budgetary support and key projects
The Philippines Department of Finance (DOF) has contracted a total of US$17.06 billion in affordable financing from external sources in 2020 for critical infrastructure projects...
Pain and Gain of Stock Trading Mania
Every few years, regulatory bodies and governments will attempt to "democratise" stock trading and investing. Unfortunately (or in some cases, fortunately), it has not made...
PAL to retrench staff in March
Philippine Airlines (PAL) is now implementing a company-wide workforce reduction program covering about 2,300 employees. This number amounts to approximately 30% of the airline’s workforce. ...