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News and Events

Want to Grow Your Money to Php5-M After 10 Years? Check Out These 3 Options

Christmas Sevilla of BPI Asset Management explains how serious savers can build an investment portfolio

Earning Php5 million in 10 years is no easy feat, but it’s also not impossible. It’s not enough to have enough money to set aside as savings. You also have to find the right way of investing your savings.“Where do you invest? ...

by Pauline Macaraeg  | June 28, 2018 05:00:00
News and Events

BSP to release P100 banknote with darker violet color on Feb 1

Hopefully, you’ll never confuse P100 over P1000 bill again.

by Lynda C. Corpuz  | January 30, 2016 10:00:00
Business Ideas

Personal Finance 101: Where to invest your savings

Personal finance coach Joe Ferreria shares a shortlist of simple investment opportunities that can boost the value of your savings.

“Lazy people can’t be wealthy.” This is the strong reminder of Joe Ferreria, president of financial coaching firm MoneyDoctors Inc., to the attendees of the recent Investalk: Mid-year Outlook 2014 held last July 12 at Solaire Resort and Casino in Pasay City. ...

by James Humarang  | July 24, 2014 02:00:00
Run & Grow

5 ways to keep the cash flowing

Earning money is part of the business cycle.

Your business is now up and running. Now what? Cash flow should be established as soon as possible, "flow" being the operative word, says finance professor Ric Palo of the Ateneo Graduate School of Business and San Beda College.There are several ways ...

by Khris Marc Ronquillo  | July 25, 2013 01:00:00
Startup Tips

6 ways to avoid the overspending trap

To keep your business from falling into the overspending trap, follow these 6 useful tips on cutting down on expenses and minimizing cash outflow.

Putting up a new business can be so demanding and stressful that even rational people can sometimes fall into the overspending trap.[related|post]In your enthusiasm to make your business succeed, you yourself may fall into this trap and face the following undesirable situations:[previous|page|next] There ...

by Henry Ong  | March 27, 2013 10:00:00
Business Ideas

A new, hip way to pay

The BPI Mobile Wallet offers clients a new means to make over-the-counter purchases easier.

Bank of the Philippine Islands (BPI) launched its newest innovation, the BPI Mobile Wallet, which offers its clients a new means to make over-the-counter purchases more fun, convenient and easy.“BPI takes pride in being a leader in mobile phone banking in the ...

November 23, 2012 05:00:00
Business Ideas

Filipino kids and their money habits

A survey found that Filipino children save for the latest gadget or trendy outfit.

Thanks largely to their parents, Filipino children are generally not clueless about budgeting. They tend to obey what their parents tell them to do. But for Filipino children, saving is a means to buy a want- like gardgets, accessories and clothes- rather ...

by Entrepreneur Staff  | November 12, 2012 01:00:00
Business Ideas

Pinoy consumers are one of the most optimistic in the world

Perceptions of Filipinos on whether it is good or bad time to buy things over the next 12 months, showed a slight improvement in confidence.

Nielsen’s latest Consumer Confidence Index reveals that Philippines still has the third highest positive sentiment among respondents from 58 countries worldwide this third quarter of 2012. Just like last quarter, the Philippines was in third place following Indonesia and India.In this recent ...

by Entrepreneur Staff  | October 30, 2012 01:00:00
Business Ideas

Time to invest

Here are tips on how to make your money work for you.

There’s a lot to be said about Jose Mari Lim, 55, but being a bad investor isn’t one of them. Having experienced running companies as a member of top management (among them Asea Brown Boveri and PhilCotton Corp.), this business consultant, farm ...

by Tania Bautista  | August 24, 2012 02:00:00
Startup Tips

Stave off bankruptcy

Are you struggling with your cash flow? Has your bank refused to lend you any more money? Your answers to these questions will help you determine if your company is headed for bankruptcy.

Are you struggling with your cash flow? Has your bank refused to lend you any more money? Are your partners or shareholders no longer willing to infuse fresh capital into your business? Have your vendors stopped extending you credit? Your answers to ...

by Henry C. Ong  | June 11, 2012 03:00:00
Business Ideas

5 ways to improve your chances of getting that loan

5 ways

Entrepreneurs need start-up capital to register their business, set up shop and begin operations. Oftentimes, this capital is sourced from personal savings, credit cards, and loans from family and friends. But if additional money is needed and your sources have already run ...

by Jet Ramos-Cruz  | May 11, 2012 01:00:00

Want a high return on your investment?

Developing a strategic profit model and making it your financial strategy will help you monitor and assess performance.

Many business owners think that profit is the most important measure of financial performance, but this isn’t necessarily the case because profit is relative to the amount of money invested in a business. For example, a P100,000 net profit may not really ...

by Want A High Return On Your Investment? Develop A Profit Strategy  | May 09, 2012 08:00:00
Business Ideas

A look at Filipino money habits

The Bangko Sentral ng Pilipinas released results of the first Consumer Finance Survey (CFS) in the country.

There is a saying that goes, "a penny saved is a penny earned."  Knowing how to save and handle your money is a life skill often overlooked in schools. The Bangko Sentral ng Pilipinas released results of the first Consumer Finance Survey ...

by Joyce Roque  | April 19, 2012 11:00:00