Surprise! MVP revives Smart Money

Competition is heating up in the Philippine e-wallet space ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     

View in browser   |   Download our app December 12, 2024 BANKING BSP: Banks' bad debts spiked in Oct. highest in over 2 yrs Soured loans held by local banks rose to their highest level in more than two years in October, as the start of the Bangko Sentral ng Pilipinas' (BSP) rate cutting cycle might have prompted banks to chase higher yielding—but riskier—consumer credit. By Ian Nicolas P. Cigaral STOCK MARKET Tedious process hinders 400 PH firms from going public—OECD study Long processes and loose enforcement of governance policies are preventing around 400 private enterprises from braving the local stock market, with the Philippines lagging behind its Southeast Asian peers in capital market development. By Meg J. Adonis ECONOMY ADB keeps 6% PH growth projection for '24 The Asian Development Bank (ADB) kept its growth outlook on the Philippines for this year and next, but warned of any changes in US policies following Donald Trump's victory that could dent the growth of Asia and the Pacific region. By Ian Nicolas P. Cigaral Like this email? Forward it to your friends and let them know that they can sign up here. BIZ BUZZ Surprise! MVP revives Smart Money Competition is heating up in the Philippine e-wallet space, which to date is dominated by Gcash, whose brand has become a verb, like "xerox' or "google" in Pinoy lingo. Now here come Apple Pay and Google Pay, which are looking to register and set up onshore operations. By Doris Dumlao-Abadilla INQUIRER PLUS-EXCLUSIVE 1 in 2 Pinoys feel 'better off' than before Covid Almost half or 49 percent of Filipinos say they are better off economically than they were before the pandemic, reflecting a positive sentiment that is higher than the global average of 33 percent. By Alden M. Monzon Try Inquirer Plus. Inquirer Plus is the Philippine Daily Inquirer's premium subscription service. Register for a free 30-day trial to get access to Inquirer's fearless reporting, exclusive stories and more. REGISTER NOW Hi Edward. Have feedback? We're happy to hear it. Give Suggestions newsletter@inquirer.com.ph © 2024 PHILIPPINE DAILY INQUIRER, Barangay La Paz, Makati City, Philippines You are receiving this email because you are subscribed to Inquirer Newsletters. Unsubscribe anytime