
Remittances up 3.2% in July — BSP
Personal remittances from overseas Filipinos in July grew 3.2 percent to $3.43 billion from $3.32 billion a year earlier as inflation rose again.
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Personal remittances from overseas Filipinos in July grew 3.2 percent to $3.43 billion from $3.32 billion a year earlier as inflation rose again.
· 2 min read

The Philippine Statistics Authority (PSA) has urged the public to report establishments that refuse to accept the digital version of the National…
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‘If a firm produces a small car that takes up space on the production line, that represents an opportunity cost where they could make a more profitable bigger…
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The Department of Labor and Employment (DoLE) disclosed on Monday that the improvement in the quality of jobs is evident, as underemployment fell by 1.292…
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Islamic banking applies Shari’ah principles or Islamic law practiced by Muslims
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‘The net proceeds of the SRO are intended for capital infusion to UnionDigital and to fund UnionBank’s consumer asset growth’
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The Bangko Sentral ng Pilipinas (BSP) said it marked a milestone with the third anniversary of PhilPaSSplus, the real-time gross settlement (RTGS) system.
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The BSP can closely monitor developments in the digital banking industry and obtain a broader perspective as these banks mature further in their operations.
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UnionBank reported top-line revenues of P37.3 billion for the first half of 2024, an 8.3% increase from the same period last year. Net interest income rose by…
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‘The first three months showed we even had a higher acquisition rate of 50,000 new cards monthly.’
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Metropolitan Bank and Trust Co., or Metrobank, grew its net income by 28.9 percent to P42.2 billion last year from the level in 2022 due to higher demand for…
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GCash was initially available in beta to users in the US, Canada, Italy, the UK, Australia and Japan
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Non-interest income surged by 41 percent to P19 billion due to a 54 percent growth in service fees for bills payments, fund transfers, interchange, and credit…
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More Filipinos said their quality of life had worsened over the past year, the Social Weather Stations' latest poll released over the weekend found.
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More than 13 million families believe they live in poverty, a new poll from the Social Weather Stations (SWS) released on Wednesday.
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The domestic claims of the other financial corporations sub-sector (OFCS) increased in the second quarter of 2023 due to higher claims on the depository…
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Trade Secretary Alfredo Pascual on Monday belied news reports that the investors' confidence in the Philippines has gone down, emphasizing that it remains…
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Headline inflation likely went again in September amid higher food prices and high base effects, private sector economists said over the weekend.
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