
US Fed expected to announce its first interest rate cut since 2020
The Federal Reserve is gearing up to announce its first interest rate cut for more than four years on Wednesday, with policymakers expected to debate how big a…
· 3 min read
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The Federal Reserve is gearing up to announce its first interest rate cut for more than four years on Wednesday, with policymakers expected to debate how big a…
· 3 min read

Islamic banking applies Shari’ah principles or Islamic law practiced by Muslims
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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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Headline inflation in July accelerated due to higher food and utility costs, the Philippine Statistics Authority (PSA) said on Tuesday.
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The P35 increase in Metro Manila's daily minimum wage is estimated to affect up to 140,000 workers and could further affect the country's unemployment rate,…
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The number of unemployed Filipinos increased month-on-month in May 2024 as more workers in the agriculture sector lost jobs during the month.
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LOOK: Militant group Gabriela on Friday, 5 July 2024, stages a noise barrage at Litex Market to condemn the "measly" P35 wage increase amid rising commodity…
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Bank of the Philippine Islands (BPI) expects a slightly better inflation rate for the full year at 3.5 percent from 3.7 percent, following a…
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Union Bank of the Philippines (UnionBank) posted a net income of P2 billion in the first quarter which reflected double-digit growth in net interest income,…
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Bank officials say projected loan growth will likely be driven by a sustained demand for goods and services despite prospects of elevated interest rates for a…
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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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The Manila International Airport Authority (MIAA) once again issued a warning to all air travelers about the unauthorized rate cards being used by colored taxi…
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The country's jobless rate fell to its lowest level in almost 20 years in October as local employers hired more staff for the holiday season, the Philippine…
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Union Bank of the Philippines raised P18.168 billion from its dual peso fixed-rate bond issuance, the bank's biggest bond program so far.
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Gold hit a fresh record Monday on growing optimism that the Federal Reserve will cut interest rates in the new year, with traders shrugging off boss Jerome…
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China slipped back into deflation in October, data showed Thursday, highlighting the work officials have in reviving still-sluggish demand in the world's…
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