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Nov 19 2020 
Phoenix Petroleum Expands Contactless Payment Offering to Over 200 Stations
Home-grown oil company Phoenix Petroleum Philippines has expanded its contactless payment service to more than 200 of its gas stations nationwide.
From the initial 100 stations offering payments through Gcash, Grabpay, Alipay, and WeChat Pay, the service has now been implemented in 160 stations in Luzon, 47 stations in Metro Manila, 18 stations in Visayas and…
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Nov 19 2020 
BSP cuts policy rate to record low
THE Bangko Sentral ng Pilipinas (BSP) unexpectedly cut benchmark rates to new record lows on Thursday, the fifth reduction this year, citing the continued uncertainty caused by a fresh surge in coronavirus cases globally and the impact of recent typhoons on the struggling economy.
The Monetary Board on Thursday trimmed the rates on the BSP’s overnight…
