GCash, the mobile wallet of Globe Telecom Inc. trends on X, formerly Twitter, after its users complained of inability make transactions, whether sending or receiving, since the early morning hours of Monday.
Tyme Bank Holdings Ltd., a digital bank minority owned by the Gokongwei group, is focusing expansion across Southeast Asia as it plans putting up banking operations in Vietnam and Indonesia.
The Islamic banking and finance (IBF) core team of the Bangko Sentral ng Pilipinas was named regional winner of the Presidential Lingkod Bayan Group Award for their work in developing Islamic finance in the country. The group's efforts have boosted stakeholder engagement and inter-agency cooperation, implemented key regulations and built capacities to support the Islamic Banking Law.
The country's gross international reserves (GIR), an indicator of capacity to pay maturing foreign debt and trade obligations, stood lower in September to $98.7 billion from $99.6 billion, the Bangko Sentral ng Pilipinas (BSP said on Friday.
The Bangko Sentral ng Pilipinas (BSP) on Thursday hinted broadly of a change in monetary policy stance as headline inflation trekked north of 5.3 percent in August to 6.1 percent in September, eluding generous forecasts of moderating price pressures.