
BSP cuts policy rate by 25 bps
‘Risks include petitions for transport fare and electricity rate adjustments. Although, international prices have come down’
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‘Risks include petitions for transport fare and electricity rate adjustments. Although, international prices have come down’
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‘The BoP deficit reflected the national government’s net foreign currency withdrawals from its deposits with the BSP’
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A top official of GoTyme Bank, a collaboration between the Gokongwei Group of Companies and Tyme Group, revealed that they aim to onboard 4 million additional…
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Personal remittances from overseas Filipinos grew by 2.7 percent to $3.42 billion in October from the $3.33 billion recorded in the same period last year, the…
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For the third quarter alone, the financial account expanded to $10.5 billion from $2 billion as foreigners placed more funds for direct investments at $1.9…
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E-commerce platform Lazada is leveraging Artificial Intelligence (AI) to enhance its services further in the Philippines.
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The Bangko Sentral ng Pilipinas (BSP) expanded partnerships with 33 financial firms for its credit risk database (CRD) project which will enable lenders to…
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Foreigners, especially in the US, must have hesitated to invest their funds as they were waiting for clearer signals in terms of inflation trajectory and the…
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Luis “Manong Chavit” Singson, a well-known public figure and senatorial aspirant in the midterm elections next year, underscored his commitment to global…
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Vice Mayor Angelina “Lynn” Castillo of San Pascual, Batangas is now in hot water after the Bantay San Pascual (BSP), a civic watchdog dedicated to promoting…
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Gross inflows of foreign investments plunged by a double-digit at 41.5 percent or $1.02 billion
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‘There are still a lot of untapped underserved customers in the provinces, especially in terms of payments. Our focus is to serve customers the larger banks…
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Following the Bangko Sentral ng Pilipinas’ (BSP) policy rate cut, local currency bond issuances increased by 11 percent in the third quarter, while…
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S&P gave the Philippines an investment grade of ‘BBB+’ for long-term debts and ‘A-2’ for short-term debts; it projects the economy to grow by 5.5 percent this…
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One of the interested foreign firms is already operating in the country while the other is a new player in the Philippine market. BSP officials said both are…
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The loan will support the country’s climate adaptation plan. To implement the plan, the ADB said the government needs a $10-million fund
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'In anticipation of this Directive, the Bangsamoro Government has included programs, activities, and projects for Sulu in the Bangsamoro Expenditure Program…
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