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GCash's parent company, Mynt, made history as the Philippine's first double unicorn when it announced that it raised $300M in funding last November 2021 at a $2B valuation. [ 12 ] [ 13 ] [ 14 ] In an effort to further increase its footprint, GCash Jr., designed for users aged 7 to 17, was launched in 2022.
On the same year the UAE was the Philippines' 2nd import partner and 1st export partner in the Middle East. 90% of the Philippines' import from the UAE are petroleum products. The UAE, particularly Abu Dhabi, serves as a transit hub for the Philippines export products, many of which enter duty-free to other countries in the Middle East. [3]
TrueMoney has offices in Thailand, Vietnam, Cambodia, Myanmar, Indonesia and the Philippines. TrueMoney has licenses to operate e-money in almost every Southeast Asian country. [ 4 ] As the flagship venture, Thailand's TrueMoney counts Google [ 5 ] and Alipay [ 6 ] as partner payment platforms.
The most significant of these is a new feature that lets Wallet users send funds by means of a simple text message through Telegram or WhatsApp—or any other platform that can transmit a link.
The United Arab Emirates witnessed the heaviest rainfall in 75 years this week, triggering massive flooding that swept away cars, caused flights to be canceled and left multiple people dead.
' Central Bank of the Philippines '; commonly abbreviated as BSP in both Filipino and English) is the central bank of the Philippines. It was established on January 3, 1949, and then re-established on July 3, 1993 pursuant to the provision of Republic Act 7653 or the New Central Bank Act of 1993 [ 2 ] as amended by Republic Act 11211 or the New ...
In 2007, Bangko Sentral ng Pilipinas (BSP) began the 12-year demonetization process of the New Design Series when the New Generation Currency (NGC) project was started the formal conceptualization process, which was a meeting of the minds of people with diverse backgrounds and ideas: central bankers, artists, technocrats, historians, communication experts, and currency printers to further ...
Cable television in the Philippines was introduced in 1969 with the first commercial service of Nuvue Cablevision (later absorbed into Sky Cable); Satellite television in the Philippines was introduced in 2001 with the first commercial broadcast of Dream Satellite TV (now defunct); and IPTV and digital over-the-top streaming services in the Philippines was introduced in 2010 with the first ...