Money

Philam Asset Management Inc reported that as of October 30, 2017, its PAMI Asia Balanced Fund (PABF) is their best performing fund.

RCBC launched RCBC MyDebit Mastercard and its "Ready, Set, Seoul" promo giving cardholders a chance to go to Seoul for every Php1000 spending

RCBC, one of the country's leading universal bank, rebrands with a new logo and tagline that signals a new era of serving customers.

Now you can take advantage of the Citi Credit Card Online Application and know within minutes if you're qualified. You also get cool rewards!

We all want to increase wealth. And for many frugal-minded Filipinos, money is meant to be saved. The first thing that comes to mind in saving money is to put it in the bank. However, simply putting money in a bank can mean that it remains stagnant. It’s very similar to putting money in a piggy bank and that’s a total opposite of what we want to achieve. According to the Banko Sentral ng Pilipinas (BSP), the 2014 weighted average of interest rates for savings accounts is 0.626% and time deposits are 1.033% per annum. The compounding interest is not currently keeping up with the rate of inflation, which according to data from the World Bank, was at an average of 3.0% in 2013, and 4.1% in 2014. The disparity is significant since the savings accounts and time deposit rates are gross. When tax is also factored into the equation, over ...

CFA Institute, the global association of investment professionals that sets standard for professional excellence and credentials has set the month of May as “Putting Investors First’ month. it’s a global initiative established to encourage professionals to prioritize the interest of investors instead of their own. It’s also a campaign which hopes to build awareness of the duty to protect investor interests. Throughout the month, many of the organization’s 144 member societies worldwide will host local events and call attention to the needs and rights of investors by endorsing the Statement of Investor Rights, a list of ten rights that any investor should expect from financial service providers. In the country the CFA Society Philippines will be hosting the Philippine Retail Investment Conference 2015 on May 16 at the SMX Taguig Convention Center. The conference, which educates over 600 retail investors, is in collaboration with the Central Bank of the Philippines, Securities and Exchange Commission, Department ...