BSP deficit balloons to $4.1-B in January
The country posted a $4.1 billion deficit in global financial transactions, or balance of payments, in January, the highest in 11 years, data from the Bangko…
· 2 MIN READ
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The country posted a $4.1 billion deficit in global financial transactions, or balance of payments, in January, the highest in 11 years, data from the Bangko…
· 2 MIN READ
Bank of Commerce (BankCom) raised a record high capital of P18 billion from its dual-tranche bond offering, exceeding the initial offer amount by over three…
· 1 MIN READ
BSP Governor and Monetary Board chairman Eli Remolona Jr. said a gradual reduction of 25 basis points in any of the remaining Monetary Policy meetings this…
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Bank of Commerce (BankCom) raised a record-high capital of P18 billion from its dual-tranche bond offering, exceeding the initial offer amount by more than…
· 1 MIN READ
The Department of Agrarian Reform (DAR) announced Tuesday that it officially launched the Value Chain Innovation for Sustainable Transformation in Agrarian…
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Filinvest Land, Inc. (FLI), the real estate arm of the Gotianun Group, is set to raise up to P12 billion in capital through the regulator-approved issuance of…
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Australia's central bank cut its key interest rate Tuesday for the first time in more than four years, but warned global turmoil could derail further…
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Asia United Bank (AUB) boosted its net income by 36 percent to P11.3 billion in 2024 as loan loss provision shrank by 74 percent.
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Our collaboration with PLDT Global aligns with our mission to enhance digital banking accessibility, ensuring seamless and efficient transactions for our…
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‘Fintech companies have become alternatives to providing credit, especially to members of the informal sector who may not want to go to the bank formally…
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Bill seeks to make the Secretary of Finance the ex-officio chairperson of the DBP board, ensuring government participation in the bank’s decision-making and…
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Steady rate should drive higher economic growth through loan-based consumption of goods and services by households and businesses while keeping inflation rates…
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‘We want to improve our market share. We have a very young population, with a median age of 26. That age is when you start to earn more and buy what you want’
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There was no immediate claim of responsibility for Thursday’s attack
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Lending by universal and commercial banks slightly rose by 12.2 percent in December from 11.1 percent in November last year as interest rates remained elevated.
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The country’s net inflows of foreign direct investments (FDI) grew by 4.4 percent to $8.6 billion in the first 11 months of last year compared to the same…
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‘There is no new geothermal (deal) because exploration is expensive. The DoE approached the DoF and NEDA and they said the government finally needs to invest…
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MITHI is a collaborative partnership to empower and enable communities to become active stakeholders in conservation.
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