Philippine Inflation Rises to 3.9% in May, Highest in 5 Months
Philippines' inflation hits 3.9% in May, up from 3.8% in April, due to higher costs in housing, utilities, gas, and transportation.
Foreign Investors Withdraw $312M from Philippines in April
Foreign investors pulled $312M from the Philippines in April, a rise from March's $236M, says BSP. However, net inflows were seen over the first four months.
Philippine Stock Market Faces Potential Downturn in 2024
The Philippine stock market's early gains in 2024 are waning, raising concerns about a potential downturn amid rising geopolitical risks and currency volatility.
Philippine Central Bank Simplifies FX Regulations for Investors
The Philippine central bank's new FX regulations streamline investment processes, eliminating bureaucratic hurdles and fostering a more attractive environment for foreign investors.
Peso Depreciation is Temporary, Says BSP Amid Regional Trend
The BSP assures the public that the Philippine Peso's recent depreciation is temporary, reflecting a regional trend of weakening currencies against the US dollar.
MFast Launches in Philippines, Aiming to Enhance Financial Inclusion
Vietnamese fintech startup MFast expands to the Philippines, offering banking and financial services to underserved communities.
Philippine Peso Strengthens After First-Quarter Growth Report
The Philippine peso edged higher against the dollar following the release of the Q1 GDP growth report.
BSP Approves Coins.ph to Launch Peso Stablecoin
In the Philippines, Coins.ph receives BSP approval for PHPC, a peso-backed stablecoin, launching in June for peer-to-peer transactions.
Q1 2024: Philippine Economy Grows 5.7%, Impacts on Filipinos
Q1 2024 saw the Philippine economy grow by 5.7%, slightly below expectations amid high inflation and interest rates. Explore the varied impacts on Filipinos' daily lives.
PSEi Dips as Inflation Spikes, Investors Eye Growth Data
Philippine stocks fall as April's inflation accelerates. Investors await upcoming economic growth data.
PH SEC to Set Cryptocurrency Rules in 2024
The Philippine Securities and Exchange Commission (SEC) will introduce a cryptocurrency regulatory framework in the second half of 2024 to protect users.
PSEi Rallies Amid Rate Cut Hopes; Peso Dips Slightly
PSEi climbs back over 6,500, boosted by rate cut expectations and the IMF's optimistic growth forecast, while the peso sees a minor decline.
SEC Philippines Warns Against eToro Promotion
The Securities and Exchange Commission (SEC) of the Philippines has issued a stern warning against promoting eToro within the nation due to the broker's lack of authorization, potentially resulting in severe penalties, while eToro denies active promotion amidst regulatory scrutiny.
PH SEC Alerts on ROLLYX TRADING Unlicensed Investment Scheme
Philippine Securities and Exchange Commission issues alert on ROLLYX TRADING's illegal investment schemes. Public warned against unlicensed activities promising high returns without proper registration.
Philippine NTC Directs ISPs: Block OctaFX Websites
The Philippine National Telecommunications Commission (NTC) orders ISPs to block OctaFX due to SEC's investor protection mandate. Unregistered securities trading poses risks. Stay vigilant when investing.
MitraTrade, OctaFX Sites Blocked; Binance Accessible In the Philippines
The NTC's crackdown on cryptocurrency sites reflects the Philippines' commitment to regulating digital assets. The SEC & NTC partnership aims to safeguard investors & financial integrity.
PH SEC Warns Against JVP Trading and VIRTO / Virtual Crypto Trading Ventures
The Philippine SEC warns against JVP Trading and VIRTO for illegal investment solicitation. JVP offers high-return plans without registration, violating the SRC and FCPA. VIRTO, a suspected Ponzi scheme, lacks necessary permissions.
PH SEC Issues Warning Against Five Investment Scams
SEC warns against investment fraud in the Philippines. Unauthorized solicitations by Tech Society, Digivault Trading, Ploutos Trading, Altstrade, and Time To Trade pose risks to investors.
Alert: Avoid Fake CGI Trading Investment Scams
The Commission warns of scams by fake CGI entities promising high ROI on Telegram. Urges the public to verify firms & avoid investment traps. Legal actions highlighted.
PH SEC ALERT: Public Cautioned Against High-Yield Investment Scams
The Philippine SEC warns against "Tasking and Recharging" scams by ROBINSON COMPANY and AMERICA MALL-PH, citing illegal Ponzi-like operations and urging public caution.