Banking & Insurance
HSBC hikes Philippine GDP growth forecast to 7.1%
British banking giant HSBC said the Philippine economy likely grew above seven percent in 2022 despite the sharp slowdown in the fourth quarter last year.
DBM chief highlights programs supporting Philippine Development Plan
Budget Secretary Amenah Pangandaman presented before global investors the country’s priority expenditures in support of the Philippine Development Plan (PDP) 2023 to 2028.
The event...
RCBC DiskarTech ties up with PERA HUB for remittance, loan in-app features
Rizal Commercial Banking Corp. of the Yuchengco Group has partnered with Aboitiz-led PETNET Inc. to allow millions of users of the RCBC DiskarTech app to now receive remittances from their loved ones overseas and apply for quick-cash micro loans for as low as P500 with real-time crediting of proceeds.
Credit card issuers welcome higher cap in finance charges
The 17-member Credit Card Association of the Philippines (CCAP) believes the 100-basis point hike in the ceiling on interest rates or finance charges delivered by the central bank’s Monetary Board would boost competition.
Global payments firm urges OFWs to welcome 2023 with better money habits
For many Filipinos, 2023 is a new year faced with the same economic challenges from 2022. Sustained high inflation has unfortunately made many Filipinos...
