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Oct 15 2020 
BSP raises P120 billion at bill auction
The Philippine central bank raised P120 billion in short-term securities on Friday due to strong demand.
In a notice posted on its website, the Bangko Sentral ng Pilipinas (BSP) said it had fully awarded the 28-day bills it auctioned off out of total bids worth P129.1 billion.
The auction was the fifth straight time the central bank…
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Oct 15 2020 
E-payments seen rising in cash-heavy ASEAN
THERE IS ROOM for growth in digital payments across cash-heavy Association of Southeast Asian Nations (ASEAN), including the Philippines, as businesses can tap underbanked consumers in markets with relatively high smartphone and internet penetration, the Hongkong and Shanghai Banking Corp. (HSBC) Global Research said on Thursday.
“While e-wallets are the most popular mode of payments in…
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Oct 15 2020 
Grab Philippines Appoints Grace Vera Cruz as Its Country Head
Grab, South East Asian ride-hailing app, announced the appointment of Grace Vera Cruz as Country Head for Grab Philippines.
Grace brings with her more than 15 years of business experience and vast industry knowledge to drive Grab’s mission in the Philippines.
Prior to Grab, she was the Managing Director of Seawood Resources, a Philippine-based investment company and…
