Credit card users get lift

View in browser   |   Shop Inquirer August 23, 2023 Credit card users get lift as BSP maintains rate cap Bank regulators maintained the interest cap on credit card transactions at 3 percent per month or 36 percent per year, at least through the next six months, amid a balancing act between encouraging consumption by borrowers and making business sustainable for lenders. By Ronnel W. Domingo 5 Finance tips for the young professional The foundation of any sound financial strategy is a well-crafted budget. Creating a budget allows you to track your income and expenses, providing a clear picture of your financial health.  By Randell Tiongson 91-day T-bill rate eases but longer tenor yields rise The average rate on the benchmark 91-day Treasury bills decreased by 3.3 basis points (bps) as the government was able to make a full award after two weeks of not being able to raise the planned amount of fresh funds. The yield on the three-month T-bills eased to 5.671 percent from 5.704 percent last week. By Ronnel W. Domingo Like this email? Forward it to your friends and let them know that they can sign up here. BIZ BUZZ Firmer grip on bus empire​ It was touch and go for a while in the aftermath of the 2019 boardroom coup at the Bacolod-based Yanson Group of Companies, the largest bus transit firm in the country. But all that looks like it's in the past now.  By Daxim L. Lucas INQUIRER PLUS-EXCLUSIVE GoTyme breaches 1M users in PH Gokongwei-backed GoTyme Bank has hit more than one million users in the Philippines, marking a new milestone for the financial institution as it aims to double its customer base in the country by yearend.  By Alden M. Monzon Try Inquirer Plus. Inquirer Plus is the digital version of the Philippine Daily Inquirer. Register for a 30-day trial for free to get access to Inquirer's fearless reporting, app-exclusive stories, and archives. REGISTER NOW Hi . Have feedback? We're happy to hear it. Give Suggestions newsletter@inquirer.com.ph © 2023 PHILIPPINE DAILY INQUIRER, Barangay Tejeros, Makati City, Philippines You are receiving this email because you are subscribed to Inquirer Newsletters. Unsubscribe anytime