Gov’t sees stronger peso this year

Ian Nicolas P. Cigaral 04/11/2024

MANILA, PHILIPPINES — The Marcos administration doesn’t expect the peso to reach 58 per dollar this year anymore due to lower import forecasts. Now, the interagency Development Budget Coordination Committee (DBCC) predicts the peso will average between…

Remittances soar to P33.5 billion in 2023 – BSP

Ian Nicolas P. Cigaral 02/16/2024

MANILA, Philippines — Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso. This increase in the value of remittances helped households cope with high…

Valentine’s Day tips for talking about money as a couple

02/11/2024

NEW YORK (AP) — Money might not be the most romantic topic for Valentine’s Day, but talking about finances with your significant other is a key element of a healthy relationship. Money problems are one of the…

Reah Mae Tocmo’s death was an accident: ‘Nagbasol ko’, says Simeon Gabutero Jr.

Emmariel Ares 08/11/2023

CEBU CITY, Philippines – Simeon Gabutero Jr. said he regret killing his ‘girlfriend’ Reah Mae Tocmo. Gabutero, 22, said he lost his temper when he learned that Tocmo, who has been asking money from him, was also…

Police to conduct background check on collector who lost money in SRP

Morexette Marie B. Erram, Niña Mae Oliverio 07/10/2023

CEBU CITY, Philippines – Police in Cebu City will conduct further investigation on last week’s incident at the South Road Properties (SRP) where a collector reportedly lost P2 million in cash after his bag got destroyed while…

Security guard in SRP money incident commended

Futch Anthony Inso 07/07/2023

LAPU-LAPU CITY, Cebu — The security guard who helped secure the area of the CCLEX where part of the P4 million in cash fell off from the bag of a collector, was given a reward by his…

PRO-7 joins SRP money probe, to help identify those who did not return cash

Emmariel Ares 07/07/2023

CEBU CITY, Philippines – The PRO-7 has warned those who picked some cash that fell off from the bag of a collector at the SRP to return them. Police Lieutenant Colonel Gerard Ace Pelare, spokesperson of PRO-7…

Exchange mutilated banknotes, coins through BSP’s Piso Caravan

Mary Rose Sagarino 07/07/2023

MANDAUE CITY, Cebu — Do you have mutilated banknotes and coins? Have them exchanged with crisp bills and new coins through the Piso Caravan of the Bangko Sentral ng Pilipinas (BSP) Visayas Regional Office. The BSP is…

Only half of P4 million cash lost at SRP recovered 1 day after incident

Emmariel Ares 07/05/2023

  CEBU CITY, Philippines — Only a little over P2 million  in cash has been recovered out of the P4 million that fell out of the bag of a money remittance collector at the South Road Properties…

P4 million in cash flies out of bag in SRP, collector pleads finders to return money

Paul Lauro 07/04/2023

CEBU CITY, Philippines – A remittance collector is now asking motorists who happened to pick up money bills scattered on Cebu South Coastal Road (CSCR), South Road Properties here on Tuesday, July 4 to return them. The…

Netizens rally behind embattled collector, ask people to return money lost in SRP incident

Immae Lachica 07/04/2023

CEBU CITY, Philippines– In a heartwarming display of “bayanihan” netizens have united in a plea for the return of cash that accidentally fell out of a bag belonging to a collector at the South Road Properties on…

Privacy body gets bomb threat, manhunt for perpetrator ongoing

Alden Monzon, Dexter Cabalza 05/13/2023

The National Privacy Commission (NPC) on Friday received an online bomb threat, about an hour after it ended a meeting with GCash representatives over the temporary disappearance of money from the accounts of the e-wallet firm’s users. The bomb…

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