finance

DOF clears admin order to ease port congestion

The Department of Finance (DOF) has signed the long-delayed joint administrative order (JAO) aimed at…

Salmon Group bags $140M to expand lending business

Fintech Salmon Group has secured $140 million in additional financing to fund the rollout of…

KKR targets LEC priority projects for financing

US-based global investment firm KKR & Co. Inc. has expressed interest in financing priority projects…

Go eyes cut in OFW remittance transfer costs to 2%

The Department of Finance (DOF) is targeting a reduction in the cost of sending money…

SEC cracks down on FB page posing as licensed lender

The Securities and Exchange Commission (SEC) has ordered the operators of a Facebook (FB) page…

PH gets ADB help to fight illicit finance

The Philippine government is set to receive technical assistance from the Asian Development Bank (ADB)…

Supporting Filipino educators through financial wellness 

As the country celebrates National Teachers’ Month, China Bank Savings (CBS) commits to strengthen its…

GCash parent firm Mynt sets IPO price at P6.60 per share

GCash operator Mynt Inc. has fixed its initial public offering (IPO) price at P6.60 per…

SEC sets P400-M capital floor for warrant issuers

Financial institutions that seek to issue structured warrants in the Philippines must maintain at least…

BSP H1 profit doubled on lower expenses

A double-digit drop in expenses lifted earnings at the Bangko Sentral ng Pilipinas (BSP) in…