The Monetary Board of Bangko Sentral ng Pilipinas (BSP) has approved the $75 million loan by the Globe Telecom. The Ayala-owned company said the loan would be used to pave the way for the company’s network expansion program.
BSP said Globe would acquire three separate loans from Citibank and two European development financial institutions. According to [...]

“Joining loan syndications of selected large corporations complements our growing consumer loans portfolio. And we believe in PLDT’s commitment to further develop the telecommunications landscape in the country,” PSBank president Pascual Garcia III said.
This statement was issued by the Garcia after the Philippine Savings Bank (PSBank) placed P500 million in Philippine Long Distance Telephone Co.’s [...]

M Lhuillier pawnshop has successfully re-branded itself to being ‘more than just a pawnshop,’ as they pioneered domestic money remittance in the Philippines. And now they, have reached another milestone by partnering with MoneyGram International.
With this partnership, Lhuillier will be able to provide money transfer services on a dollar-to-dollar basis, eliminating currency exchange costs in [...]

Car sales this year increases in spite of soaring prices of diesels and fuels. Although recent months sales have declined, the car sales in the early part of the year created more than just a cushion that causes still a net increase from prior year’s sales. The Chamber of Automotive Manufacturers of the Philippines [...]

They say education is expensive, but so is ignorance. One stands to lose more if he didn’t take the opportunities to go to college and get a degree. But with today’s rising costs of college tuition fees, it’s no wonder that there are many who are deferring their studies in order to work and earn [...]