Global Dominion Financing, Inc. was named as the Fastest Growing Auto Finance Company by the International Finance Awards 2022. International Finance Awards recognizes industry talent, leadership skills, industry net worth, and capability on an international platform. The winners are awarded on the strength of their credentials and past accomplishments. The criteria include path-breaking initiatives in corporate social responsibility or charitable activities, corporate governance, and activities that benefit the global finance community, in addition to outstanding performance in their respecti ..read more

FundSpace, a leading loan aggregator dedicated to facilitating financing for businesses of all sizes, has entered into a strategic partnership with BPC Lending Inc. This move is set to revolutionize the accessibility of financial services to micro, small, and medium-sized enterprises (MSMEs) and individual borrowers across the Philippines. The collaboration marks a significant milestone for the 917Ventures startup company as it continues to broaden its suite of financial products, demonstrating its commitment to empowering economic growth and financial inclusion. With BPC Lending Inc., FundSpa ..read more

Text and photos by Marinel Peroy  Musing on the keynote speech of British Ambassador to the Philippines, Her Excellency Laure Beaufils who gladly shared the growing bilateral relations of the United Kingdom and the Philippines at impressive 2.9 billion pounds a year and with a lot of exciting development are happening. British Ambassador to the Philippines and Palau Her Excellency Laure Beaufils hares the exciting and all high time bilateral trade at 2.9 billion pounds a year at the Philippine-British Meat Trade Mission Year-end Gathering on November 30, 2023. The overall business c ..read more

Leading Philippine cryptocurrency exchange PDAX has announced its involvement with the Bureau of the Treasury of the Philippines (BTR), Landbank of the Philippines, and the Development Bank of the Philippines (DBP) enabling the Republic to issue its first-ever Tokenized Treasury Bonds (TTBs). During the Bureau of the Treasury’s 126th Anniversary event, it was announced that the BTR awarded PHP 15 billion (USD 270 million) of the Maiden tokenized treasury bonds. The bonds were offered to institutional investors, and were priced at a coupon of 6.5% per annum. Bids totalled PHP 31.426 billion, mo ..read more

Financial events contract trading platform, Kelly Technology Pte. Ltd., and Union Bank’s digital banking arm, UnionDigital Bank, announced a strategic partnership to launch a new trading platform for the Philippine financial market. Co-founded by Abhishek Singh, Sparsh Mehta, and Saurabh Chandolia, and modeled after the success of New York-based Kalshi, Kelly’s platform allows trading on the outcome of various events between individuals. A member of the Aboitiz Group, UnionDigital is only one of six banks given approval by the Bangko Sentral ng Pilipinas (BSP) in 2021 to operate in digital ban ..read more

By Alithea De Jesus Apart from the hundreds of thousands of Filipino Migrant Workers gainfully employed in their country, the Philippines highlights strong bilateral trade relations with the United Arab Emirates. On 24 November 2023, (UAE) during the bilateral trade meeting with the UAE officials held at the Shangri-La, BGC, Philippines Trade Chief Alfredo Pascual welcomed the high-level ministerial delegations from the UAE led by Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi, and Minister of State Ahmed bin Ali Al Sayegh to discuss potential collaboration and partnersh ..read more

UnionBank, a multi-awarded financial institution and one of the country’s top 5 banks, has extended a credit facility to Wefund Lending Corporation, the operator of the fastest growing FinTech lending app, JuanHand. JuanHand is a leading online cash loan app duly licensed by the SEC (Securities and Exchange Commission) and a founding member of CLAP (Consumer Lending Association of the Philippines). The agreement was signed last October 3, 2023, by WeFund’s President and Chief Executive Officer, Francisco “Coco” Mauricio and UnionBank’s Executive Vice President, Bobby Abastillas. “We are very h ..read more

UnionBank, a multi-awarded financial institution and one of the country’s top 5 banks, has extended a credit facility to Wefund Lending Corporation, the operator of the fastest growing FinTech lending app, JuanHand. JuanHand is a leading online cash loan app duly licensed by the SEC (Securities and Exchange Commission) and a founding member of CLAP (Consumer Lending Association of the Philippines). The agreement was signed last October 3, 2023, by WeFund’s President and Chief Executive Officer, Francisco “Coco” Mauricio and UnionBank’s Executive Vice President, Bobby Abastillas. “We are very h ..read more

Megaworld lauds the recent decision of the court to lift the Writ of Preliminary Attachment (WPA) in their favor. In its statement, Megaworld said that the decision paves the way for the unraveling of the truth. It further said that DATEM has the burden of proving its ridiculous claims and Megaworld is confident that in due time and with a fair trial, justice will prevail in its favor. “This is just a start of our victory in defending our company’s integrity,” the statement said in closing. Megaworld slaps DATEM with multi-billion damages Megaworld bares reason for withholding payment to DA ..read more

By Marinel Peroy After the accusation of unpaid P873 million claim of DATEM arising from the unfinished projects assigned to them, plus Quezon City’s court order under the writ of preliminary attachment to freeze the five properties and the banks of Megaworld Corporation, it seems enough is enough for real estate mogul Dr. Andrew L. Tan. The move of DATEM to ask the court to freeze Megaworld’s assets apparently was the tipping point for the country’s real estate giant to file multi-billion pesos damages. Megaworld will be represented by the Philippines’ illustrious and biggest law firm, ACCRAL ..read more