Central bank relief may hit bank profitability — S&P
‘The move may undermine bank profitability as net interest margins peak and credit losses remain elevated.’ — S&P Global Ratings credit analyst, Nikita Anand.
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‘The move may undermine bank profitability as net interest margins peak and credit losses remain elevated.’ — S&P Global Ratings credit analyst, Nikita Anand.
· 2 MIN READ
Excise taxes on LPG and kerosene are temporarily suspended for three months starting 17 April 2026, but — the DoF and BIR, citing minimal expected relief for…
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Suspending the excise tax on all oil products would deliver direct monthly savings of P37 to P70 for most people.
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Motorists and drivers have been given a three-month grace period to renew expiring licenses and vehicle registrations without penalties after the Department of…
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The Land Transportation Office (LTO) announced that it is ramping up efforts to eliminate illicit “fixing” activities within the agency and will pursue…
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Manila Mayor Francisco “Isko Moreno” Domagoso on Friday accepted the donation of two specialized neonatal ventilators for the Ospital ng Maynila, a move…
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Doing what is right has always guided Yeng Guiao — even if the rewards are not his to enjoy.
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Subic Bay Freeport — The Subic Bay Metropolitan Authority (SBMA) is considering a set of measures aimed at providing much-needed financial relief to port…
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The agency reported that approximately 750 beneficiaries were served during the Makati launch.
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Senator Christopher Bong Go on Monday urged the government to re-prioritize public spending and to mobilize unused funds to cushion the impact of rising fuel…
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‘If we remove the VAT on petroleum products, it will mainly benefit the oil market.’
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‘Any shaving of the price will help, whether it’s small or big.’
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These initiatives reflect what can be achieved when the national government and local government units complement each other.
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Senator Christopher “Bong” Go has filed a measure seeking urgent relief interventions to protect Filipinos from the impact of surging fuel prices, including…
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More than 21,000 tricycle drivers and driver-operators outside Metro Manila have received cash relief assistance during the second day of the simultaneous Cash…
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BAGUIO CITY — Small beginnings, big impact.
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Economists are weighing in on the possible suspension of fuel excise taxes, saying it could provide relief to consumers but disadvantage the government…
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The package also includes a three-month moratorium on Pag-IBIG housing loan payments.
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