MSME loans up 10.8% amid BSP post-quota support
The Bangko Sentral ng Pilipinas (BSP) clarified that the mandatory credit quota for micro, small and medium enterprises (MSMEs) under the Magna Carta has…
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Daily TribuneTopic
The Bangko Sentral ng Pilipinas (BSP) clarified that the mandatory credit quota for micro, small and medium enterprises (MSMEs) under the Magna Carta has…
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Latest BSP data showed that total loans to MSMEs reached P540.9 billion as of end-June, up 10.8 percent from P488.1 billion in the same period last year.
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‘We are seeing a growing willingness among Filipinos to embrace credit as a tool for progress, but they want to know they can do so with confidence.’
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The country’s leading consumer finance company, Home Credit Philippines (HCPH), said it will offer the newly launched iPhone 17 in the roster of gadgets that…
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Deprioritizing ODA financing could lead to higher borrowing costs, delayed infrastructure projects and reduced investor confidence, all of which could…
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The Philippine Sports Commission (PSC) encourages private sponsors to invest in sports by offering tax credit to donations.
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‘The Philippines has built ample reserves and policy space to absorb external shocks, allowing us to maintain stability even in times of global uncertainty.’
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‘If there is anything, if I could look back, I wish I could have started investing at a younger age.
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The chief economic manager lauded the recent move by the Japan-based Rating and Investment Information Inc. (R&I), which affirmed the economy’s…
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Japanese credit watchdog Rating and Investment Information Inc. (R&I) affirmed the investment grade of the Philippines with a stable outlook.
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‘More encouragingly, this year’s CPI results also tell us that Filipinos are eager to learn more about financial options that are relevant, accessible and…
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TransUnion has reported that Filipinos are showing stronger trust in credit products even as high borrowing costs and fraud concerns continue to temper usage.
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The Department of Energy (DoE) is moving to establish a Carbon Credit Policy for the energy sector to attract private investment in clean energy projects, cut…
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Following the recent approval of its financing license by the Securities and Exchange Commission, Discovery Credit Solutions Corp., one of the fastest-growing…
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The Securities and Exchange Commission (SEC) has penalized two online lending firms for unfair collection tactics and misleading loan terms to protect…
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Universal bank UnionBank of the Philippines saw its net income slide to P3.251 billion in the first half, down 35.9 percent from P5.069 billion a year ago, as…
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A substantial majority – 91.1 percent of banks – plan to keep lending standards for business borrowers unchanged.
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S&P Global Ratings’ positive outlook on Meralco reflects its expectation that the latter will strengthen its business proposition with improving scale and…
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