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Friday, April 26, 2024

Banking & Finance

PH crypto traders move funds from Binance to other apps

Several cryptocurrency traders have transferred their funds from Binance to other apps following the Securities on Exchange Commission’s crackdown on unregistered exchanges, according to an industry expert. Arlone Abello, the founding chairman of the Innovative Movement of the Philippine Association of Crypto Traders (IMPACT) and the chief executive of Global Miranda Miner Group, said the SEC’s decision to block Filipino investors’ access to Binance had a chilling effect on unregistered...

Sun Life Grepa registers 17% growth in total premium income

Sun Life Grepa Financial Inc., a joint venture between Sun Life Philippines...

PDIC selling 101 real properties

State-run Philippine Deposit Insurance Corp. (PDIC) said it will sell 101 real...

GCash wins ‘company  of the year’ award

GCash, the Philippines’ top finance app and largest cashless ecosystem, received the...

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BSP retires 519.93 tons of unfit coins

The Bangko Sentral ng Pilipinas said Wednesday it retired 519.93 metric tons of unfit, demonetized, mutilated and counterfeit coins through defacement to maintain the...

ADB adopts roadmap for Asia and the Pacific

The Asian Development Bank said it adopted a comprehensive reform roadmap featuring a new operating model to accelerate its transformation and more effectively serve...

Peso appreciation to help ease inflationary pressures

The peso’s recovery to around 58 against the US dollar last week will help ease inflationary pressures, an economist said over the weekend. Rizal Commercial...

BDO registered 23% growth in nine-month profit to P40b

BDO Unibank Inc., the country’s largest lender controlled by the Sy family, said Friday net income jumped 23 percent in the first nine months...

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