Money Talks

Finance
This infusion of capital into proptech startup Lhoopa is the biggest funding round by a startup in the Philippines to date.

Lhoopa Secures $80 Million for Affordable Housing Push in the Philippines

Finance
Fueled by investments in renewable energy, the Board of Investments (BOI) reported a 65% rise in investments at PHP 1.15 trillion, or $19.9 billion dollars.

Investments Soar 65% in July at PHP 1.15 Trillion

Finance
46% of Filipinos are concerned about credit card security, particularly issues such as fraud and scams. Financial education is key in protecting the public.

How Concerns on Credit Card Security Can be Addressed

Money Management
According to the Credit Perception Index, Filipinos are now diversifying their usage of financial products in order to diversify their wealth. 

Which Financial Products are the Most Popular Among Filipinos?

Finance
Real-time payment transactions, defined as the transfer of funds within seconds, rose 24% in 2023 and could reach $209.6 billion in 2028.

Real-Time Payments to Reach $209.6B in 2028: ACI Report

Investing 101
Scammers have been using the Bangko Sentral and Gokongwei to fool cryptocurrency investors using the fraudulent entities “Tesler Code” and “Momentum Capital."

Scammers Using BSP And Gokongwei To Fool Cryptocurrency Investors

Investing 101
BDO Unibank, Inc. has issued its third peso-denominated sustainability bond, which are used to finance or refinance a combination of green and social projects.

BDO Targets PHP 5B In Latest Sustainability Bond Issuance

Finance
The Bangko Sentral ng Pilipinas Monetary Board has decided to maintain its benchmark interest rate at 6.50 percent for the sixth consecutive time.

High Borrowing Rate Prevails, Central Bank Remains Cautious

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