December 15, 2017, 9:50 pm
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Banking And Finance

PH, Singapore CBs forge closer

November 20, 2017
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Espenilla said the agreement serves as a seal of commitment between BSP and MAS to elevate financial  innovation in both jurisdictions as it provides  avenues for greater  collaboration through a more defined structure and referral  system for  FinTech  players.

AUB net up 19%

November 20, 2017
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Publicly listed Asia United Bank (AUB) posted an unaudited consolidated net income of P2.2 billion in the first three quarters of 2017, translating to a 19.3 percent growth from the previous year’s level of P1.8 billion.

Bankers develop digital bankin

November 20, 2017
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The Bankers Association of the Philippines (BAP) has upped the ante of digitization in Philippine banking.  It has recently convened with Amihan Global Strategies, a technology and consulting company in establishing an industry-wide facility that will further enhance the country’s digital identity technology. This project is set to revolutionize validation processes in the banking industry. With this, the Philippines is said to be one of the first few countries in the world to employ a powerful and sophisticated technology for identity management.

US tax plan could cause sugar

November 20, 2017
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NEW YORK- Slashing taxes may give the US economy a temporary boost but the “sugar rush” may cause deeper problems ahead, investors at the Reuters Global Investment 2018 Outlook Summit in New York said.

EU watchdog tightens grip over

November 20, 2017
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LONDON- The European Union’s markets watchdog has tightened its grip over the use of credit ratings compiled outside the bloc in a taste of what the “Big Three” ratings agencies in London face after Brexit.

Harnessing the sun in Calauan

November 20, 2017
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At the BayanijuanSaSouthville 7, a relocation site in Calauan, Laguna that houses some of the survivors of Super Typhoon Ondoy, residents have managed to eke out a decent livelihood, including operating pedicabs, raising ducks, and selling homemade fruit jams. While electricity is available, for many residents it remainsout of reach. 
 

Dwindling British fortunes la

November 20, 2017
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DUBLIN- The diverging trajectories of Britain and other major economies is set to be further laid bare in the coming week with London’s budget forecasters poised to cut their growth outlook and data elsewhere likely to remain solid.

BSP accelerates retail payment

November 13, 2017
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The PESONet, which is a batch electronic fund transfer credit (EFT) payment stream, is the first automated clearing house (ACH)  under the  National Retail Payment System (NRPS).  It provides an electronic alternative to the still widely used paper-based check system.

FDI down 5.2%

November 13, 2017
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From January to August 2017, foreign direct investments (FDI) net inflows reached $5.1 billion, lower by 5.2 percent than the $5.4 billion recorded in the same period last year.  

Security Bank issues, lists

November 13, 2017
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Security Bank Corporation successfully raised P8.6 billion worth of Long Term Negotiable Certificates of Time Deposit (LTNCD), which is the first tranche out of its P20 billion approval from the Bangko Sentral ng Pilipinas.

Pages

Front Page

Column of the Day

Santa Claus isn’t coming

By DAHLI ASPILLERA | December 15,2017
‘Kids, sorry to say that Santa Claus is not coming this year. Things are falling apart in the North Pole.’

Opinion of the Day

Duterte doesn’t rule out nationwide martial law

By ELLEN TORDESILLAS | December 15, 2017
‘Duterte does not even bother to allay these concerns.’