Banking & Insurance
BTr seeks to raise P45B in T-bills, bonds sale
The Bureau of the Treasury seeks to raise P45 billion for budget support through the auction of Treasury bills and bonds next week in the face of inflation concerns due to rising cost of food and fuel.
BSP chief swears in new MB member Bernardo
Bangko Sentral ng Pilipinas Governor Eli M. Remolona, Jr. has administered the oath of office to new member of the Monetary Board (MBM) Romeo L. Bernardo in a ceremony held on Thursday at the BSP head office in Manila. MBM Bernardo will have a six-year term starting 14 September 2023.
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.
