Money
Bitcoin falls below $30,000 for first time since July 2021
TOKYO, Japan—Bitcoin slumped below $30,000 for the first time since July 2021 on Tuesday as cryptocurrencies track sinking markets with...
Foreign reserves fell to 7-month low of $106.8b in April
The country’s gross international reserves declined to a seven-month low of $106.76 billion in April from $107.31 billion on government’s...
LandBank clarifies UCPB cash-out price
State-run Land Bank of the Philippines said Sunday the reported cash pay-out to minority shareholders of the former United Coconut...
Total bank deposits grew 9% to reach record P16.2t in 2021
Filipinos continued to save money amid the pandemic, as total deposits in the banking system grew 9 percent in 2021...
GCash blocked over 900,000 fraudsters in Q1
GCash, the country’s leading mobile wallet, said Tuesday it blocked more than 900,000 users suspected of fraud in the first...
PBCom’s profit climbed by 34.6% to reach a record P1.57b last year
Philippine Bank of Communications said Monday it posted a record net income of P1.57 billion in 2021, up 34.6 percent...
LandBank’s profit up 141% to P13.2b in the first quarter
State-run Land Bank of the Philippines, one of the country’s top lenders, said over the weekend it posted a 141-percent...
Financial management tool encourages Filipinos to save
Lista, a financial management tool for small business owners, freelancers and individuals has launched the Ipon Challenge—a limited-time activity that...
IFC subscribing to $100-m worth of BDO’s Blue Bond
International Finance Corp., a member of the World Bank Group, said Friday its subscription of up to $100 million in...
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Metrobank’s first-quarter net income hit P8 billion
Metropolitan Bank & Trust Company posted a net income of P8.0 billion in the first quarter of 2022. Metrobank’s solid...
Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.