All I Can Handle

Recently, the central bank of the Philippines issued a statement that only 2 out of the 6 digital banks in the Philippines are profitable. They further explained that they expected digital banks to become profitable after only 5 to 7 years of operation. Since they declined to disclose the names of the 2 digital banks that are currently profitable, people are asking which of the digital banks could the BSP be referring to? Owned by the Landbank, Overseas Filipino Bank or OF Bank is the first digital bank licensed and approved by the BSP. While I can't find any articles online about its profitability, it is highly likely that OF Bank is one of the two profitable digital banks in the Philippines since it is government-owned and the first one to operate. Aside from that, it did not start from scratch. Operating as a thrift bank prior to having its banking license converted into a digital bank license, it used to be known as the Philippine Postal Savings Bank. However, as far as its 202...

On June 9, 2024, memorandum circular no. 52 was released by Malacañang ordering all government offices and schools to sing as well as recite the Bagong Pilipinas hymn and pledge.  Here are the lyrics to the Bagong Pilipinas hymn. PANAHON NA NG PAGBABAGO Panahon na ng pagbabago  Dahil sa ito ay kinakailangan Tayo na magtulong-tulong  Na paunlarin ang mahal nating bayan Panahon na ng pagbabago  Dahil sa ito ay kinakailangan  Tayo na magtulong-tulong  Na paunlarin ang mahal nating bayan  Panahon na ng pagbabago  At iayos ang mga dapat ayusin  Dapat lang maging tungkulin  Ng bawat mamamayan dito sa atin Gawin ang pagbabago  Patungo sa pag-asenso  Magsikap na mabuti  At nang guminhawa tayo  ipagmalaki natin sa mundo at ipamalas Ang Bagong Pilipino at Bagong Pilipinas Panahon na ng pagbabago  Tangkilikin natin ang sariling atin  At tama lang na ugaliin  Kaysa sa iba sa atin ang unahin Panahon na ng pagbabago...