Archive for the ‘Consumers’ Category

All-in-one load bundle from Smart

If I weren’t too lazy to change and update my friends of a new phone number, I would have switched long ago from Globe to Smart, especially when I see promotions like this All-in-one load bundle from Smart.
Smart Communications now have an all-in-one load bundle, this allows their prepaid subscribers to use their text messaging [...]

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August 14, 2010  Tags: , , , , , , , , , , , , ,   Posted in: Announcement, Consumers, Corporations, Customer Service, Philippine business news, Products  No Comments

The Expanded Senior Act of 2010 (Republic Act 9994)

The Republic Act 9994 or the Expanded Senior Citizens Act of 2010 was finally signed into law, giving our senior citizens additional benefits. Among them is their exemption from the 12% value-added tax (VAT), as stated in the implementing rules and regulations signed last Friday by the Deparment of Social Works and Development (DSWD). This [...]

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June 18, 2010  Tags: , , , , , , ,   Posted in: Announcement, Consumers, Government, Health, Law, Philippines, Taxation, finance  No Comments

Lower remittance fees for OFWs

A new remittance system that will allow for a safer, faster and cheaper remittances by OFWs (overseas Filipino workers) will be implemented by the Bangko Sentral ng Pilipinas (BSP) starting on the third quarter of the year.
This is the new Philippine Payments and Settlements System or Philpass Remit System. Under this new system, the fee [...]

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May 25, 2010  Tags: , , , , ,   Posted in: Announcement, Consumers, Government, OFWs, Philippine business news, Philippines, banking, economy, finance, money  No Comments

New credit card from RCBC

RCBC Bankard recently launched a new credit card which is targeted to serve the upscale needs of discerning shoppers.
The new credit card from RCBC was created in tie-up with Barcelona-based clothing brand Mango and Mastercard. Called the Mango-RCBC Bankard MasterCard, it is the latest addition to MasterCard’s growing roster of value-driven cards.
Holders of Mango-RCBC Bankard [...]

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May 24, 2010  Tags: , , , , , , , , , ,   Posted in: Announcement, Consumers, Loans, Philippine banks, Philippines, Products, banking, finance, money  One Comment

iRemit to open more branches in Europe

After securing a license to operate in Europe, iRemit made true to its commitment of servicing overseas Filipino worker (OFWs) staying in the region with iRemit Europe.
Now, still the largest Filipino-owned non-bank remittance company, iRemit wants to strengthen its presence in Europe as it plans to open more branches in major cities in the region.
iRemit [...]

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May 7, 2010  Tags: , , , , , , , , , , , ,   Posted in: Announcement, Consumers, Customer Service, Foreign exchange, International relations, OFWs, banking, economy, finance, money  No Comments

Peso seen to weaken anew

After its continued rally last week, where it breaks into the P44 mark, economists say that peso is seen to weaken anew, adding that it would be seen retreating back to P46-to-$1 at the height of the local and national elections.
Having a pause from its seven-day rally against the dollar last Thursday, the local currency [...]

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April 10, 2010  Tags: , , , , , ,   Posted in: Consumers, Foreign exchange, Philippine business news, Philippines, banking, economy, finance, money  One Comment

BSP to issue peso bills with new designs by December

By December of this year, we could be having new designs on our peso bills. The Bangko Sentral ng Pilipinas (BSP) would begin circulating by December the new peso bills, while coins will follow suit after two years.
According to the BSP, aside from having new designs, the new bills and coins will also have new [...]

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March 27, 2010  Tags: , , , , , , , , , ,   Posted in: Announcement, Consumers, Government, Philippine business news, Philippines, banking, economy, entrepreneurship, finance, money  3 Comments

Globe partners with Megalink for prepaid load

YouВ  can now load your Globe and TM prepaid phones on Megalinks ATMs. That is because Globe Telecom and Megalink joined to together to enable common clients to load their mobile phones at participating ATMs nationwide.
By accessing their accounts, ATM cardholders of Megalink partner-banks can use the machine to conveniently load their phones.
For Globe subscribers [...]

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March 24, 2010   Posted in: Announcement, Consumers, Philippine business news, Philippines, banking, communications, innovation, marketing  No Comments

Peso to reach P44 to $1

Prakriti Sofat, an economist from leading global investment house Barclays Capital said the peso could reach 44 to the dollar level by the end of the year because of recovery in exports and the steady inflows of remittances.
In the report from Philippine Star, Sofat said the outlook for Philippine exports remains positive given the strong [...]

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March 14, 2010  Tags: , , , , , , ,   Posted in: Consumers, Foreign exchange, Government, Philippine business news, banking, entrepreneur, finance, investments, money  No Comments

Meralco hikes rates anew

The Manila Electric Company (Meralco) will be implementing around round of power rate increase this month. Meralco hikes rates by P0.56 a kilowatt, and the company said the power rate increase was due to the higher cost of power it buys from independent producers and the electricity spot market.
Meralco first vice president Ivana de la [...]

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February 7, 2010  Tags: , , , , , , ,   Posted in: Announcement, Consumers, Customer Service, Philippines, Poverty, Pricing, Products, economy, money  No Comments


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