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ORIGINAL BACKGROUND PHOTO FROM FREEPIKTHE PHILIPPINE banking sector faces potential challenges this year as a flood control corruption scandal weighs on economic growth, Fitch Ratings said.“Obviously, the flooding scandal poses downside risks,” Tania Gold, senior director and head of Fitch’s South and Southeast Asia Banks

STOCK PHOTO | Image from FreepikWhen we traveled years ago, we carried dollars and traveler’s checks. Then we moved to plastic, mainly credit cards. Now we pay with phones, QR codes, and virtual cards whose numbers live in a phone app. Payments keep getting faster

FREEPIKBy Beatriz Marie D. Cruz, ReporterPHILIPPINE ORGANIZATIONS should strengthen their information technology (IT) systems and prepare contingency plans as failures in global digital services this year could disrupt daily operations and revenue, analysts said.Failures affecting major tech providers pose economic and social risks to the

Around 200 motorcycle riders pass Roxas Boulevard in Manila, Sept. 17, 2023. — PHILIPPINE STAR/EDD GUMBANBDO UNIBANK, INC. said proceeds from its ASEAN sustainability bonds were used to finance motorcycles for more than 68,000 workers, supporting livelihoods across the Philippines.The bank funded 68,409 riders through

PHILIPPINE STAR/EDD GUMBANBy Chloe Mari A. Hufana, ReporterTHE Philippine government is studying a proposal to revamp the pension system for military and uniformed personnel (MUP), the Department of Budget and Management (DBM) said amid growing concerns over its sustainability.Budget Acting Secretary Roland U. Toledo said