BSP: April inflation likely within 1.3-2.1%
The Bangko Sentral ng Pilipinas (BSP) expects April inflation to settle within the 1.3 percent to 2.1 percent range, driven by lower prices of food and oil.
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The Bangko Sentral ng Pilipinas (BSP) expects April inflation to settle within the 1.3 percent to 2.1 percent range, driven by lower prices of food and oil.
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The decommissioning of baseload power plants in the City of Naga, Cebu due to aging infrastructure has worsened the limited electricity supply in the province.
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While the digital bank has yet to release more details about the abnormal transactions, CIMB said ‘a few’ customers were affected
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External borrowings in the first quarter included bond issuances amounting to $3.33 billion, five project loans worth $1.46 billion, and three program loans…
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The number of dengue cases continues to drop nationwide, according to the Department of Health (DoH).
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The first quarter survey results showed that most respondent banks (81.8 percent) retained their credit standards, a decrease from the previous quarter, where…
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Bank of the Philippine Islands (BPI) aims to grow agricultural loans by at least 10 percent this year through its partnership with Agrilever.
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The bank said the growth reflected higher gross customer loans at 12 percent to P3.3 trillion, while the non-performing loans ratio slightly declined by 0.1…
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A weekly delivery of gold to BSP Davao is 200 kilograms on average or 200,000 grams. This is P1.2 billion in any language.
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‘The deficit reflected the government’s drawdowns on its foreign currency deposits with the BSP to meet its external debt obligations, as well as the BSP’s net…
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Movable asset finance involves non-real estate assets like inventories, receivables, and equipment, that the MSME borrowers can present as collateral for bank…
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‘The BSP app keeps you updated on the latest news, advisories, and important announcements.’
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WACC is a determinant of the maximum annual revenue allowed on electricity utilities. The formula for this has not been updated for too long
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Philippine Business Bank (PBB) recorded steady growth in net income at P1.8 billion last year as the bank allocated funds for taxes and posted trading losses.
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The Energy Regulatory Commission (ERC) has approved a rate hike that will allow the National Grid Corp. of the Philippines (NGCP) to collect an additional…
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SM Offices, the commercial leasing arm of SM Prime Holdings Inc., reported a 95 percent occupancy rate across 15 of its mall-based offices nationwide as of…
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Electricity consumers paid higher transmission charges this month as rates rose by over 11 percent, mainly due to higher Ancillary Service (AS) costs,…
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“According to Philippine Statistics Authority data, food prices rose by 16 percent from June 2022 to February 2025, further eroding purchasing power.
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