NETFLIX, Inc. on Wednesday laid out plans to crack down on password sharing for accounts on its streaming platform, including setting up primary location and paying a couple of dollars for an extra member. The video-streaming giant, which has estimated that 100 million around the world use a shared account, said that members can now […]
Tag: account
PHL current account deficit forecast raised to 4.7% of GDP in 2023
THE current account deficit as a proportion of gross domestic product (GDP) is now projected at 4.7% this year from 4.5% previously, with easing commodity prices offset by strong imports of capital goods, Fitch Solutions Country Risk & Industry Research said in a report. The 2023 projection is lower than the expected percentage in 2022 […]
Moonstake Now Supports Staking of Solana (SOL)
SINGAPORE, Dec 16, 2022 – (ACN Newswire via SEAPRWire.com) – Moonstake is pleased to announce that our users can now earn interest from the top-10 staking coin SOL of Solana network. Hold, send, receive, and stake SOL to receive rewards with the best user experience through one single click. After Cosmos, IRISnet, Ontology, Harmony, Tezos, […]
SSS inks deal with banks to upgrade UMID cards
THE Social Security System (SSS) announced that it has entered into an agreement with banks for the issuance of UMID ATM Pay Cards. With the UMID (Unified Multi-Purpose Identification) ATM (automated teller machine) Pay Cards, SSS members will enjoy the advantages of having a disbursement account for their benefits, loans and refunds, and access to […]
BSP sees wider BoP deficit this year amid uncertain global outlook
THE BANGKO SENTRAL ng Pilipinas (BSP) sees the country posting a wider balance of payments (BoP) deficit this year as the global outlook remains clouded with uncertainty. The central bank said the revised BoP projections for this year and 2023 were mainly influenced by the same risk factors incorporated in September forecast round. “In particular, […]
Nomura Global Markets upgrades 2023 view on PHL growth to 4.3%
THE PHILIPPINES is expected to post gross domestic product (GDP) growth of 4.3% in 2023 the face of a widening current account deficit and still-elevated inflation, Nomura Global Markets Research said. Nomura Global was upgrading a previous estimate issued in August of 3.6%, though the projection still suggests the Philippines will fail to meet its […]
What is SOL? Everything You Need to Know about Solana
SINGAPORE, Nov 14, 2022 – (ACN Newswire via SEAPRWire.com) – Welcome to this edition of 101 article exploring one of the staking coins on Moonstake. This time, we’ll be looking at Solana and its native coin SOL, which has grown rapidly since its inception just a few years ago and is now one of the […]
Economic growth seen to slow to 6.2% in 2023
Fitch Solutions Country Risk and Industry Research expects the Philippines to grow by 6.6% this year and by 6.2% in 2023. — PHILIPPINE STAR/ MICHAEL VARCAS PHILIPPINE economic growth is expected to slow in 2023, amid higher interest rates. “We expect GDP (gross domestic product) growth in the Philippines to come in at 6.6% in […]
BSP expects bigger BoP, current account deficits as global demand weakens
THE PHILIPPINES’ balance of payments (BoP) deficit could end this year wider than initially expected due to darker global growth prospects that have caused weaker demand. The Bangko Sentral ng Pilipinas (BSP) announced its revised BoP projections for 2022 and 2023 approved during the Monetary Board’s meeting on Friday. The BoP gives a glimpse of […]
Senator refiles bill requiring state-run lenders to open bank accounts for Filipinos
A BILL requiring state-run lenders to open and maintain bank accounts for every Filipino citizen has been filed at the Senate. — BW FILE PHOTO A BILL requiring state-run lenders to open a bank account for every Filipino to fast-track the delivery of public and social services, such as aid for qualified beneficiaries, has been […]
Editorial: Pandemic’s positive effect on Philippine financial landscape
A pre-pandemic Philippines had only 29 percent of Filipino adults who owned bank accounts. This was in 2019. The following year, the coronavirus disease (Covid-19) pandemic hit the country and changed the financial landscape.Sure, the pandemic at its height has wounded the economy, forcing several businesses to close shop, sending millions of Filipinos to unemployment. […]
BSP: Over 50% of Filipinos own financial transaction account
MORE than half of the country’s adult population now owns a financial account, according to the results of the Bangko Sentral ng Pilipinas (BSP) 2021 Financial Inclusion Survey (FIS).The survey results showed that account ownership surged to 56 percent in 2021, up from 29 percent in 2019. This increase is the highest two-year growth since […]
Landbank launches savings account with one-peso minimum deposit
STATE-run Land Bank of the Philippines (LANDBANK) has rolled out its “Perang Inimpok Savings Option” or Piso account, a new product to help bring more unbanked and underserved Filipinos into the country’s formal banking system.The bank targets students, public utility vehicle drivers, vendors, household helpers, farmers, and fishers.Through the Piso account, interested customers can open […]
Bexplus Announces $5,000 Welcome Plan and 3 Tools to Make Trading Easy for New Users
New York, NY, July 5, 2022 – (SEAPRWire) – Bexplus, a leading crypto derivatives exchange has announced $5,000 welcome plan and 3 tools to make trading easy for new users. Since its creation, Bexplus has been aiming to maximize and protect its users’ capital. For the sake of helping traders earn more, Bexplus provides traders two great features: a […]
BSP sees wider BoP, current account deficits this year on weaker global outlook
THE BANGKO SENTRAL ng Pilipinas (BSP) expects the country to post a wider balance of payments (BoP) deficit this year due to a weaker global growth outlook that could affect trade and capital flows. The central bank on Friday announced its revised BoP projections for 2022 and 2023 approved during the Monetary Board’s June 16 […]
Philippines sees wider current account deficits as global risks build
The Philippine central bank said on Friday it expects the country’s current account (C/A) balance to register wider deficits in 2022 and 2023 than previously projected, taking into account the challenges facing the global economy. The Bangko Sentral ng Pilipinas (BSP) has revised its balance of payments (BoP) projections, with the current account deficit now […]
Crypto Exchange Bexplus Launches Unique Copy Trading and Demo Account Feature
Hong Kong , June 10, 2022 – (SEAPRWire) – Bexplus, a leading crypto derivatives platform has launched unique copy trading and demo account feature for its users. Bexplus Exchange also offers 100x leverage futures trading on a variety of trading pairs – BTC, ETH, ADA, XRP, DOGE, etc. Bexplus doesn’t require KYC. It is trusted by over two million traders […]
BSP sees wider current account deficit in 2022, 2023
MANILA – The Philippine central bank said on Friday it had revised its current account and balance of payments projections for this year to reflect the country’s improving growth prospects as well as the impact of Russia’s invasion of Ukraine. The country’s current account deficit is projected to reach $16.3 billion this year, or 3.8% […]
Opal aims to assist SMEs by making business transactions more efficient in the new normal environment
SINGAPORE, Feb 9, 2022 – (ACN Newswire via SEAPRWire.com) – Opal, a Major Payment Institution (MPI) licensed by the Monetary Authority of Singapore (MAS) has launched a Global Digital Business Account for SMEs. This latest product offering from Opal will allow businesses access to a less costly and more convenient form of international payment and […]
Full Release of the HUMAN App Goes Live with over 200,000 Users
George Town, Cayman Islands / December 22, 2021 / SEAPRWire / – HUMAN Protocol has announced the full launch of the HUMAN App: a web-based application that demonstrates how work published to the Protocol can be accessed and completed by distributed workforces. The HUMAN App is a gateway to work processed on the Protocol. Users access it to complete […]