
Private forex loans up 4.3%
Commercial loans in foreign currencies by 4.3 percent to $15.82 billion last year, with merchandise exporters and trucking firms as the biggest borrowers.
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Commercial loans in foreign currencies by 4.3 percent to $15.82 billion last year, with merchandise exporters and trucking firms as the biggest borrowers.
· 1 min read

A leading advocate for modern public transport is urging Mindanao transport cooperatives and corporations to focus not only on the modernization of their…
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‘The price of local tomatoes declined dramatically in February amid supply glut in some areas in Northern Philippines, thereby could have helped ease…
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Bank of the Philippine Islands chief economist Jun Neri said the Bangko Sentral ng Pilipinas might keep its policy rate near the current 5.75 percent in…
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The Bureau of the Treasury (BTr) raised its award of Treasury bills (T-bills) to P28 billion from P22 billion during its auction on Monday despite mostly…
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To support this, Converge has allocated up to P25 billion in capital expenditures for this year.
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The Department of Information and Communications Technology (DICT) officially welcomed Henry Rhoel Aguda as its new secretary, reaffirming its commitment to…
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‘Overseas Filipinos’ remittances have more peso equivalent for every US dollar sent which became a source of consolation for overseas workers and their…
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Rizal Commercial Banking Corporation (RCBC), the banking arm of the Yuchengco Group of Companies, and SMBC Asia Rising Fund (SARF) are searching for the next…
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Omoda & Jaecoo Philippines has teamed up with EV Tech Motors Enterprises Corporation to open a full-service dealership right in the heart of Greenfield…
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‘By modernizing our public utility vehicles, we are not just complying with the law — we are investing in the future of clean, safe, and efficient…
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Ever thought about driving a hybrid and an electric vehicle, but figured it’s probably out of reach? Dongfeng Motors Philippines has an interesting deal right…
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Choosing between hybrid efficiency and all-electric power is no longer a dilemma. Dongfeng Motors Philippines is offering both the Aeolus Huge Hybrid and the…
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President Donald Trump sought to boost plummeting Tesla share prices Tuesday by briefly turning the White House into a showroom, announcing…
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MOSCOW, Russia (AFP) — Ukraine targeted Moscow in a “massive” overnight drone attack, authorities said Tuesday, with Russia’s defense ministry claiming it shot…
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RCBC chief economist Michael Ricafort said investors’ sentiment about uncertainties might have intensified after former President Rodrigo Duterte was arrested…
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Paolo Tantoco, a prominent player in the local retail industry, has died at the age of 44.
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The Bureau of the Treasury (BTr) raised P30.8 billion from its Treasury bills auction on Monday, higher than its initial offer of P22 billion after rates…
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