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BSP speeds up refunds from failed InstaPay PESONet transactions

Starting in January 2025, Filipinos can expect much faster refunds. As outlined in the recently approved new guidelines (BSP Circular No. 1195), InstaPay (or instant retail payments) refunds must be c...

  • 3 weeks ago
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UnionBank ATMs can soon dispense US dollar bills

UnionBank has announced that its ATMs will soon be able to dispense US dollar bills, allowing customers to withdraw cash in their preferred currency.The bank says in post that it is enhancing the capa...

  • 1 year ago
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Oil firms announce price rollback for June 6

Oil firms on Monday said they would implement a price rollback effective on June 6. The following changes will take effect on Tuesday:PILIPINAS SHELL - Gasoline P0.60 per liter rollback - Kerosene P0....

  • 1 year ago
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Philippine debt rises slightly to P13.91 trillion as of April

The national government's total outstanding debt reached P13.91 trillion as of the end of April 2023, the Bureau of Treasury said on Wednesday. The total rose by P54.24 billion or 0.4 percent compared...

  • 1 year ago
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SSS to increase Contributions to 14% this January 2023

The Social Security contribution rate of 14% will be implemented starting this calendar year 2023. This puts the minimum contributions at Php560 (for monthly salary less than Php4,250) all the way up...

  • 1 year ago
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Bank-to-bank transfer up to Php500k on BPI Online via PESONet

Customers who use either the BPI Online site or the BPI Mobile app may now be able to transfer funds reaching up to half a million if they choose PESONet. Currently, some banks (including BPI) have da...

  • 1 year ago
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BPI launches its own e-wallet app ‘Vybe’

BPI says that Vybe is a “one-stop lifestyle app that makes your everyday digital banking more rewarding.” With Vybe, users can send and receive money from other Vybe users, scan to pay with its partne...

  • 1 year ago
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Philippine economy grows 7.6 percent in third quarter, on track for full-year target

The country's gross domestic product (GDP) in the third quarter grew 7.6 percent, faster than the revised 7.5 percent expansion in the second quarter, the Philippine Statistics Authority said in a bri...

  • 1 year ago
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Tonik launches new Flex Loan & Big Loan lending products in the Philippines

Flex Loan empowers customers with both freedom and flexibility through quick, convenient, and fixed low-interest rates.Flex Loan is their best-priced unsecured loan yet with a 2.49% monthly interest f...

  • 1 year ago
  • DirectoryHub PH