Bank lending grows to 12.2%
Lending by universal and commercial banks slightly rose by 12.2 percent in December from 11.1 percent in November last year as interest rates remained elevated.
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Daily TribuneTopic
Lending by universal and commercial banks slightly rose by 12.2 percent in December from 11.1 percent in November last year as interest rates remained elevated.
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The country’s net inflows of foreign direct investments (FDI) grew by 4.4 percent to $8.6 billion in the first 11 months of last year compared to the same…
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London, United Kingdom — Global stock markets rose on Monday, as traders appeared to shrug off US President Donald Trump's latest tariffs announcement…
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The latest World Economic Forum’s Chief Economists Outlook sees a global economy under considerable strain this year. ‘The growth outlook is at its weakest in…
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The Palawan Group of Companies (PGC) is collaborating with Bangko Sentral ng Pilipinas (BSP) to advance financial literacy and foster responsible currency…
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The Bangko Sentral ng Pilipinas (BSP) is expected to slash its reserve requirement ratio (RRR) by 200 basis points for universal and commercial banks in the…
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The Palawan Group of Companies (PGC) has partnered with the Bangko Sentral ng Pilipinas (BSP) to enhance financial literacy and promote responsible currency…
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The BTr auctioned 91-day, 182-day, and 364-day debt papers, resulting in total bids of P70.6 billion or 3.2 times oversubscription compared to its initial…
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BSP said the country posted net inflows of $2.1 billion last year, a reversal from the $248.84 million in 2023
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‘Come January, rice prices should deliver a disinflationary impulse. Lower minimum retail rice prices in Manila by 27 December 2024 might have been too late to…
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The economist said lower food prices should encourage consumers and private construction firms to borrow funds for real estate investments and projects.
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The Bangko Sentral ng Pilipinas (BSP) projects inflation in January to settle within 2.5 to 3.3 percent due to high prices of fuel, food, and water.
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The country’s economy grew by 5.6 percent last year, falling short of the government’s 6 to 6.5 percent target as household spending and the agriculture sector…
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Two passengers carrying undeclared foreign currency totaling P24,204,438.71 were arrested on 22 and 23 January 2025 at NAIA Terminal 3 in Pasay City by the…
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The Bangko Sentral ng Pilipinas (BSP) approved last year a lower amount of total foreign borrowings by the national government worth P13.68 billion, down from…
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The Bank of the Philippine Islands (BPI) believes the economy in the fourth quarter of 2024 grew by 5.8 percent, citing increased government spending.
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US President Donald Trump issued an executive order Thursday banning the creation of a central bank digital currency (CBDC), a move supported by Congressional…
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‘The partnership with Pru Life UK on financial education and capacity building is a significant milestone in our efforts to uplift Muslim communities and…
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