Fitch downgrades Philippine banking outlook
Philippine banks may face mounting pressure on profitability as the economic fallout from the Middle East conflict weighs on borrowers, slows loan growth, and…
· 2 min read
Daily TribuneTopic
Philippine banks may face mounting pressure on profitability as the economic fallout from the Middle East conflict weighs on borrowers, slows loan growth, and…
· 2 min read
BMI, a unit of global credit ratings firm Fitch Solutions, expects the Bangko Sentral ng Pilipinas to deliver interest rate hikes amounting to 100 basis points…
· 3 min read
A lack of accountability in dealing with corrupt politicians may precipitate further political unrest and worsen the country’s already grim economic outlook,…
· 3 min read
The Philippine government has responded to Fitch Ratings’ decision to downgrade the country’s outlook, as the Middle East conflict continues to weigh on the…
· 2 min read
The Philippine government has responded to Fitch Ratings’ decision to downgrade the country’s outlook, as the Middle East conflict continues to weigh on the…
· 2 min read
The Bangko Sentral ng Pilipinas (BSP) is poised to deliver more policy rate cuts until 2026 as inflation is expected to remain within target, according to BMI,…
· 2 min read
BMI, the research arm of Fitch Solutions Company, has retained its projection that the Philippine economy will expand by 5.4 percent in 2025, even as the…
· 2 min read
The Philippines is emerging as a key hub for pharmaceutical research, digital health, and manufacturing in Southeast Asia, as more global players set up…
· 1 min read
The national government registered a slightly higher outstanding debt as of the end of April, at P16.75 trillion, an increase of 0.41 percent from the previous…
· 2 min read
Fitch Ratings also sees minimal impact of Trump tariffs on the Philippine economy as exports represented only 12 percent last year, lower than Thailand’s 65…
· 2 min read
‘Lower US interest rates should create space for domestic monetary easing in many EMs, providing support to EM economic growth prospects, as well as reducing…
· 2 min read
The former chief executive of the Abercrombie and Fitch clothing giant has pleaded not guilty to trafficking male models for sex parties around the world, US…
· 2 min read
New York, United States—The former chief executive of the Abercrombie and Fitch clothing empire has been arrested and charged with the trafficking of male…
· 3 min read