Regulator cuts rates on small loans
The effective interest rate on unsecured loans of up to P10,000 will drop to 12 percent per month from 15 percent today.
· 2 min read
Daily TribuneTopic
The effective interest rate on unsecured loans of up to P10,000 will drop to 12 percent per month from 15 percent today.
· 2 min read
Banks have long served as pillars of the economy, but some market watchers told Nosy Tarsee that the outlook is dimming as the sector struggles to keep net…
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The BSP closely tracks domestic liquidity, which grew 8.3 percent to P1.19 trillion and bank lending as key inputs in deciding whether to cut interest rates.…
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Consumer groups are strongly pushing back against the one-year state of national calamity proclamation issued by President Ferdinand Marcos Jr. by demanding a…
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In economic terms, the 13th-month pay expands your budget line and allows the employed folks to spend a little extra — at least temporarily.
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ILOILO CITY — Western Visayas’ headline inflation climbed to 0.7 percent in October 2025, slightly higher than the 0.2 percent posted in September, but still…
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With the IRegIS now fully rolled out nationwide, consumers and businesses can complete regulatory transactions faster and with fewer steps.
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The Energy Regulatory Commission (ERC) has pushed back on calls by the National Association of Electricity Consumers for Reforms Inc. (NASECORE) for all power…
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Beyond economics, lowering interest rates is also about restoring trust.
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The Department of Justice (DoJ) has issued a legal opinion clarifying that the appeals process for consumer complaints within the Department of Trade and…
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The Cement Manufacturers’ Association of the Philippines (CeMAP) received the “Industry Partnership for Quality Assurance” Award during the Department of Trade…
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The Ayala-led global electronics manufacturing services company turned last year’s $1.1-million loss into a $16.4-million core net profit in the first nine…
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‘With Aramco’s partnership, we are confident in our ability to scale our operations, drive innovation and strengthen our leadership in the wholesale and retail…
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The Commission is likewise intensifying enforcement against harassment and abusive collection practices, including public shaming and unauthorized access to a…
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Bank lending continued to expand in September, though at a slightly slower pace, as borrowing activity across key industries and consumer segments remained…
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Smart Communications has teamed up with fintech lending platform JuanHand to offer prepaid subscribers a 25 percent discount on select mobile load products…
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East West Banking Corporation (EastWest) posted a net income of P6.6 billion in the first nine months of 2025, driven by strong core revenue growth. The figure…
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Power distributors can soon deploy smart meters and other digital tools that promise faster, more accurate billing and real-time energy tracking, following the…
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