Banking & Insurance
SEC identifies Melon Plus, Mono Mall as pyramiding fraudsters
There is no doubt that Melon Plus/Primelogix Marketing Inc. is a pyramid scheme. There is also not doubt that Mono Mall has forged its certificate of incorporation that the Securities and Exchange Commission has labelled as fake.
Out-of-pocket healthcare spending seen persisting in years forward
Out-of-pocket (OOP) expense for healthcare among Filipino will remain a major problem for years to come, according to insurance executives at AXA.
Fintech successfully raises $2.1M from investors
BayaniPay, a global payments solution platform, on Wednesday bared expanding its seed fund to $6.6 million from existing investors to help cement its status as a powerhouse cross-border fintech company.
FDI continues to weaken in June – BSP
Foreign direct investments (FDI) that fell at an annual clip of 34 percent in May continued to fall in June but at a significantly moderate rate of only 3.9 percent in June, the Bangko Sentral ng Pilipinas (BSP) said on Monday.
Australia seeks even deeper ties with ASEAN neighbors
Australia, a $1.6 trillion economy which has since strengthened relations with neighbors across Asia, looks to substantially boost its economic engagement in countries under the ASEAN in the years forward.
