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Day: September 6, 2023

Banking

BDO Network Bank opens in Cauayan, Negros Occidental

BDO Network Bank opened its first branch in Cauayan, Negros Occidental to serve  individuals and micro, small, and medium-sized enterprises (MSMEs) looking for a partner in progress. With the opening of the said BDONB branch, a wider range of the bank’s products and services are now accessible, promoting the continuous development of the local economy.

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NEWS

Globe Group backs bills against money mule activities

In the current digital landscape, a concerning trend has emerged where people find themselves ensnared in the deceptive web of online scammers. Often tempted by the allure of easy money or duped by cunning tactics, these individuals knowingly or unknowingly become “mules.”

Given the alarming number of such activities, the Globe Group has expressed support for pending Anti-Money Mule and Financial Fraud bills, which criminalize these illegal acts and penalize offenders with jail time. Versions of the bill are pending in the House of Representatives and the Senate.

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