The Bangko Sentral ng Pilipinas (BSP) is consulting the banking sector on a plan to issue new rules regarding online financial transactions next month. 

By Riza Lozada Filipinos working abroad can look forward to having a bank dedicated to their needs and a chance to invest in government securities as the Department of Finance (DOF) said a state-owned OFW bank will open in October while at least $500 million worth of US-dollar OFW bonds is being planned for overseas issue next year. 

The Bangko Sentral ng Pilipinas (BSP) has launched Credit Surety Funds (CSFs) in Tacloban City and Mandaue City. 

The people of Valencia municipality in Negros Oriental province recently celebrated the opening of their newly rehabilitated health center, the Oscar M. Lopez Birthing Home and Rural Health Unit of Valencia. About 60,000 individuals from 24 villages are expected to benefit from the improved maternal healthcare, child-care, and outpatient services of the renovated structure, officials said.

The BDO Foundation was recognized at the recent Asia Responsible Entrepreneurship Awards (AREA) 2017 for its outstanding and exemplary achievements in social and responsible entrepreneurship.

As part of its celebration of its 10th anniversary, Sterling Bank of Asia, one of the leading thrift banks in the Philippines, recently partnered with the Department of Education (DepEd) and took part in the 2017 Brigada Eskwela program by helping refurbish selected schools in Luzon, the Visayas, and Mindanao in time for the start of the school year.

By Riza Lozada Listed companies had a combined net income of P683 billion in 2016, higher by 17.8 percent from P580.15 billion in 2015 as a result of improved business operations and lower costs, Philippine Stock Exchange (PSE) data showed. 

After an absence of three years, flag carrier Philippine Airlines (PAL) resumed daily services to Kuala Lumpur, Malaysia on June 8. 

Georgian ports need to improve their services and logistical connectivity to maintain the country’s position as a key transit corridor for the Caucasus, Jacob Gulmann, ICTSI Europe, Middle East and Africa Business Development Director, said during his presentation at the 6th Black Sea Ports Conference and Exhibit held last May 18 to 19 at the Sheraton Batumi Hotel in Adjara, …

The Insurance Commission (IC) is considering to place troubled pre-need firm Provident Plans International Corp. under rehabilitation unless it shows effort to improve its finances.