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CIMB Bank Philippines was launched just two years ago.
U.K.-based International Finance magazine has named CIMB Bank Philippines the ‘Best New Digital Bank in the Philippines’ in 2020.TOP STORY: Filipino Graduates from Harvard Law: 'It Was So Beyond My Reach That I Thought It Was Fictional'CIMB is an Malaysian bank with ...
 
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And you wonder why millennials prefer puppies.
Babies are expensive, so it’s no surprise millennials and Gen-Zers are holding out and opting to adopt puppies instead of having kids. Now we’ve got the numbers to prove it.TOP STORY: Pepsi Paloma's Life in Photos - Pictures of Pepsi PalomaAccording to Picodi.com, ...
 
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Eight of the country’s leading business groups are calling on the government to 'serve as role models in discipline and moral ascendancy.'
Eight of the country’s leading business groups are calling on the government to “serve as role models in discipline and moral ascendancy” as the media reports government officials violating protocol unpunished while thousands of citizen violators are forced to stay in overcrowded ...
 
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Sonny Dominguez bared a four-point battle plan on how to restart the economy.
During the presidential address to the nation on May 12, finance secretary Sonny Dominguez bared a four-point battle plan on how to restart the economy amid the COVID-19 pandemic. He started by giving an overview of the country’s economic fundamentals.“The Economist ranks ...
 
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It’s a Band-Aid solution for a struggling economy, but will it last?
Philippine offshore gaming operators, otherwise known as Chinese POGOs or just POGOs, have managed to cement a multi-billion-peso industry within a matter of years, but not without drawing the ire and condemnation of an increasingly critical public. While POGOs have contributed billions ...
 
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This is the first time the real GDP growth has fallen into negative territory since 1998.
The Philippines gross domestic growth experienced negative growth in the first quarter (Q1) of 2020 due to the impact of the COVID-19 pandemic. Q1 GDP contracted by 0.2 percent, the lowest quarterly growth in more than 20 years.According to Acting Secretary of ...
 
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GCash Insurance premiums range from P39 to P440.
In the time of coronavirus, insurance has never been more important. Healthcare has a price, which is why more Filipino families need life and health insurance. Unfortunately, many insurance policies simply aren’t within reach for a vast majority of the people. Health ...
 
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For those looking for full-time employment, part-time jobs, or project-based work.
Suck at money? Congrats. You’re part of the 99 percent of people in their 20s floundering when it comes to finance. Adulting is hard, and money is harder—especially when it’s your own and not your parents. My Two Cents is here to break down ...
 
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Thousands of OFWs might lose their jobs because of the pandemic.
The global remittances industry is worth $690 billion, and it’s become a lifeline for emerging markets like the Philippines. At home, remittances from overseas Filipino workers (OFWs) is one of the two legs of the Philippine economy, with the other being business ...
 
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COVID-19-related hospitalization can cost up to P4 million for just one person.
With the fear of COVID-19 comes the fear of unaffordable hospital bills. There have been reports of moderate cases of COVID-19 costing more than P1 million in hospital bills, with severe cases reportedly costing up to P3.8 million.Hexilon Alvarez, whose parents were ...
 
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The telco giant is investing in the future of its tech.
Globe is upping its game in cloud technology as the telco giant announced its agreement to acquire “substantially all of the assets” of U.S.-based cloud company Cascadeo Corporation and Cascadeo Partners for $4 million (P203 million).The deal is expected to be closed ...
 
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All the best films on Netflix about money, corruption, and downfalls.
Everyone loves a good drama, but nothing will make the wires of your brain work faster than a complex film about the intricacies of money, business, finance, and the shady side of it all. With enhanced community quarantine extended, here are a ...
 
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Smart documentaries that will keep your mind busy.
Businessmen, entrepreneurs, and financial gurus all have one thing in common—they’re workaholics that literally live by the incorrect adage that work is life. What’s a workaholic businessman to do in his free time? Well, binge-watch business-related content, of course. Because work never ...
 
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Here are seven ways you can transfer money to the province or to any location in the country.
While enhanced community quarantine is in effect to stop the spread of COVID-19, it has presented a number of challenges to the population—namely, transferring money to family members in the province. With everyone advised to stay home and countless shops and remittance ...
 
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No one will come out of this untouched.
The COVID-19 pandemic is affecting more than just public health—it’s also posing a threat to people’s very livelihoods as the virus’ biggest victim so far has been the economy. With enhanced community quarantine in place to stop the virus’ spread, businesses have ...
 
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The roller-coaster week of trading continues with a sharp decline and a circuit breaker.
After trading was suspended for two days, the Philippine Stock Exchange (PSEi) resumed activities today. At the start of trading, the PSEi recorded a 12.4-percent tumble, once again triggering a circuit breaker or a halt of activities. The decline reached 18 percent to ...
 
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He passed away on Tuesday, March 17.
Necisto Sytengco, chairman and founder of SBS Philippines Corporation, passed away at the age of 65 on Tuesday, March 17.Sytengco headed SBS as its president from 2001 to 2016 and served as its chairman from 2015 until the time of his death. ...
 
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Ayala Malls is working with DOLE to craft a solution for mall workers.
In support of the government’s Enhanced Community Quarantine, Ayala Malls took a stand and announced the temporary closure of all its Luzon malls effective March 17, 2020. While its Luzon malls will remain closed during the quarantine, some establishments within the malls will remain ...
 
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Ramon S. Ang says that the alcohol produced will be available for free to LGUs and hospitals.
San Miguel Corporation (SMC) is doing its part to prevent the spread of coronavirus by producing 70 percent ethyl alcohol in its own facility and working on distributing it for free.President and chief operating officer Ramon S. Ang said in a statement that the ...
 
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These are the guidelines for business operations, and lack thereof, for the duration of the quarantine.
The “community quarantine” officially began yesterday, on March 15, and we’re only really feeling its effects now. While consumers are witnessing the temporary closure of their favorite establishments, the business sector will be hit even harder as they forgo one month of ...
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