NPL improvement boosts BDO profit
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…
· 2 min read
Daily TribuneTopic
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…
· 2 min read
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.
· 3 min read
Lucio Tan-led Tanduay Distillers, Inc. (TDI) posted a record net income of P2.15 billion in 2024, a 37 percent increase from the previous year, driven by…
· 1 min read
But economic status is not just about numbers. A country’s income category should ideally reflect the quality of life of its people — and this is where the…
· 2 min read
Economic and Investment Affairs Secretary Frederick Go said he and Trade Secretary Cristina Roque are positive about the results of the upcoming meeting with…
· 2 min read
Meralco PowerGen Corp. (MGEN), through its affiliate Terra Solar Philippines Inc. (MTerra Solar), has formally closed a record P150-billion syndicated loan to…
· 1 min read
Taiwanese‑American luggage firm PLG Prime Global Co. plans to resume operations in the Philippines, eyeing a site in one of the country’s economic zones, the…
· 1 min read
‘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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The Philippine government eased previous restrictions on government officials visiting Taiwan for economic, trade, and investment-related purposes.
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Listed property developer Italpinas Development Corp. (IDC) posted a net income of P376.8 million in 2024 — a 102.2 percent increase from P186.3 million in…
· 1 min read
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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The buyout also aligns with DoubleDragon’s goal of achieving P500 billion in revenues by 2035. The company has total assets exceeding P190 billion and holds a…
· 1 min read
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 Philippine Economic Zone Authority (PEZA) will lead an investment mission to the United Kingdom from 25-27 June 2025, with the goal of further…
· 2 min read
“According to Philippine Statistics Authority data, food prices rose by 16 percent from June 2022 to February 2025, further eroding purchasing power.
· 3 min read
Aside from global economic uncertainties stemming from Trump tariffs, Remolona warned of possible elevated prices of transport, utility and meat
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BIR steps up high-tech services to make tax filing easier
· 2 min read