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Manila Times (Philippines) 07/12/2020 12:11
The Bangko Sentral ng Pilipinas (BSP) said selected financial institutions in the country must participate in its upcoming anti-money laundering/combating the financing of terrorism (AML/CFT) assessment. In a circular issued late last week, BSP Deputy Governor Chuchi Fonacier emphasized that the third AML/CFT sectoral risk assessment (SRA) will be conducted “to identify and assess the […]
Manila Times (Philippines) 07/12/2020 12:10
The Bangko Sentral ng Pilipinas (BSP) is coordinating with other institutions to improve financial literacy and financial capabilty in the country amid the coronavirus disease 2019 (Covid-19) pandemic crisis, its chief said over the weekend. In a speech during the Financial Literacy Summit Online, BSP Governor Benjamin Diokno stressed that a survey showed that only […]
Manila Times (Philippines) 07/12/2020 12:05
The sentiment towards the shares of Ayala Land Inc. (ALI) is “quite bearish” as fears of the possible imposition of stricter quarantine measures amid rising coronavirus disease 2019 cases bug investors. Philstocks Financial Inc. research associate Piper Chaucer Tan told The Manila Times the sentiment towards the property giant’s shares has been affected by pandemic […]
Manila Times (Philippines) 07/11/2020 12:25
He belongs to the new generation of entrepreneurs, eagerly leading a 48-year-old beloved bakeshop into a challenging future. While launching digital innovations, this young boss keeps producing quality goods that the “man on the street” can enjoy at reasonable prices. “Going online has not caused us to change our recipes in any way and, as […]
Manila Times (Philippines) 07/11/2020 12:11
The Department of Agriculture (DA) has partnered with more companies and food brands to expand its e-Kadiwa program, which aims to bring fresh farm produce to Metro Manila residents amid the coronavirus disease 2019 (Covid-19) pandemic. Agriculture Secretary William Dar on Thursday signed a memorandum of agreement with Mama Sita’s, Tuko Fresh Produce, Farmer Juan […]
Manila Times (Philippines) 07/11/2020 12:10
The Securities and Exchange Commission (SEC) has cleared Ayala Land Inc.’s planned first real estate investment trust (REIT) public offering. In a statement on Friday, the commission said it “considered favorably” the registration statement of Areit Inc. for 1.09 billion common shares for listing and trading on the main board of the Philippine Stock Exchange […]
Manila Times (Philippines) 07/11/2020 12:08
Globe Telecom Inc. will build more cell sites in Metro Manila and at least 25 provinces starting this month to improve its telecommunications services. In a statement on Friday, the Ayala-led telecommunications giant identified the provinces as “Aklan, Albay, Batangas, Bohol, Bulacan, Cebu, Davao del Sur, Iloilo, Laguna, Maguindanao, Negros Occidental, Pampanga, Pangasinan, Quezon, Zamboanga, […]
Manila Times (Philippines) 07/11/2020 12:04
The most-awaited Galaxy Buds+ BTS Edition finally became available in the Philippines on July 9 through Samsung’s official online store and authorized channels. The Galaxy Buds+ BTS Edition sports the same groundbreaking features that the Buds+ is known for such as the dual dynamic speakers, delivering superior audio quality with rich treble and bass by […]
Manila Times (Philippines) 07/10/2020 12:21
The country’s trade deficit ballooned to $1.87 billion in May from a month earlier as exports and imports again dropped by double digits, the Philippine Statistics Authority (PSA) announced on Friday. Preliminary data from the statistics agency showed that the amount was more than four times higher than the $448.7 million recorded in April, but […]
Manila Times (Philippines) 07/10/2020 12:20
The government now owns 97 percent of United Coconut Planters Bank (UCPB), the Department of Finance (DoF) announced on Friday. In a statement, the department quoted Finance Secretary Carlos Dominguez 3rd as saying the government raised its majority stake, which was previously 75 percent, after the P12-billion capital notes the state-run lender had issued to […]

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