Central bank pushes Islamic banking

The Bangko Sentral ng Pilipinas (BSP) is ramping up efforts to establish an inclusive and sustainable Islamic finance ecosystem by pursuing regulatory reforms under a whole-of-government approach.

Dominguez forces recalcitrant taxpayers to fork over P6.98 billion in 2021

The government on Thursday signaled the severity of tax collection program anew by shutting down 523 business establishments last year and the collection of close to P3 billion in unpaid taxes. In summary, the government’s anti tax evasion program forced offending taxpayers to hand over P6.98 billion due the government last year alone. Finance Secretary […]

Local fund generates 21 percent return in 2021

The ATR Asset Management’s (ATRAM) Sustainable Development and Growth Fund (SDGF) on Thursday reported investment earnings that surpassed the performance of even the Philippine Stock Exchange index or PSEi.

Home Credit taps UnionBank for P7B credit facility

Leading consumer finance provider Home Credit Philippines has tapped Union Bank of the Philippines led by bankero Edwin Bautista for a P7 billion credit facility to provide comprehensive financial opportunities to more Filipinos.

Telco helps convert IP cultural aspects into digital assets

The telecommunications firm Smart Communications is helping preserve the cultural heritage of indigenous peoples (IPs) in Mindanao by converting key elements of their culture into digital assets that may be explored with the use of a mobile literacy app.