GCash to offer global feeder funds, local stocks in February
Published February 3, 2021 5:20pm By JON VIKTOR D. CABUENAS, GMA News Globe Fintech Innovations Inc. (Mynt), the operator of financial services provider GCash, has hinted at new global feeder funds to be made available on the mobile application for users who wish to invest, on top of local equities and bonds. In a post on social media on February 2, Mynt chief executive officer Martha Sazon said the new funds will be made available to the public this February, with a minimum investment of P50 for Philippine instruments and P1,000 for global funds.
The national government’s debt stock increased by more than a quarter in November after both local and foreign obligations jumped by double-digits due to heavy borrowings, data from the Bureau of the Treasury showed.
As of November last year, the outstanding debt of the national government reache
The country s outstanding debt hit ₱10.13 trillion as of end-November, over ₱106 billion from the month prior as the government borrows more to fund its coronavirus response.
Published December 29, 2020, 8:00 AM
The pandemic has caused seismic shifts in the economy, forcing people to take a closer look at their financial well-being and goals for the future.
Whether you’re preparing for your children’s college tuition or making sure that your family is amply covered in case of health emergencies, the current crisis should not derail your financial planning for the long-term.
If you have additional savings on top of a healthy emergency fund, investing is an excellent next step to achieve your family’s financial goals. Here are some safe investment options that you can explore.
Retail Treasury Bonds and Premyo Bonds
How to start investing for your family, even during the pandemic
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Metro Manila (CNN Philippines) - Stockpiling on face masks, going on grocery runs, and answering Zoom calls from nine to five while tending to the kids at home: in this overwhelming ‘new normal,’ one might wait until the end of the pandemic before even thinking about investing.
But in fact, the best time to start investing is now, especially as the government and private sectors are offering services to help people make market decisions that will help the economy recover faster amidst the COVID-19 crisis.
Are you starting from zero? Here’s how you can begin to invest for your family so that you can secure them through the COVID-19 pandemic and more.