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MANILA, Philippines — Bad loans held by digital banks in the country eased to a three-month low in April, which likely softened cost pressures for t
Philippines - 5 months ago
MANILA, Philippines — The New York Court of Appeals has denied Yuchengco-led Rizal Commercial Banking Corp.’s (RCBC) appeal to have an eight-year-
Philippines - 5 months ago
MANILA, Philippines — The Department of Energy (DOE) is removing several roadblocks in the construction of renewable energy projects to ensure the t
Philippines - 5 months ago
MANILA — The Philippine government now anticipates a bigger dollar surplus this year than previously projected on expectations of reduced outflows f
Philippines - 5 months ago
MANILA, Philippines — Maynilad Water Services Inc. is exploring additional avenues to raise P6 billion more, which would complete its capital invest
Philippines - 5 months ago
MANILA, Philippines — Soberano family-led Cebu Landmasters Inc. (CLI) has launched a new P2-billion Citadines hotel in the Visayas, this time in Bac
Philippines - 5 months ago
MANILA, Philippines — Although little changed, the local stock market extended its losing streak on the last day of the trading week, as sentiments
Philippines - 5 months ago
MANILA, Philippines — The planned P1-billion cement silo of the Sinisian Lemery Batangas Port & Industrial Park Corp. (SLBPIPC) is expected to parti
Philippines - 5 months ago
MOSCOW — Russian President Vladimir Putin on Friday branded as “theft” the freezing of Russian assets abroad and warned it would “not go unpun
Philippines - 5 months ago
HONG KONG, China — The yen fell and Tokyo stocks rose Friday after the Bank of Japan deferred a plan to cut back its bond purchases as it cautiously
Philippines - 5 months ago
PARIS, France — Debt-laden tech group Atos said Friday the French state has made a 700-million-euro bid for its most sensitive businesses, including
Philippines - 5 months ago
TOKYO, Japan — The Bank of Japan on Friday said it would trim its vast hoard of government bonds as it cautiously steps away from its long-running u
Philippines - 5 months ago
NEW YORK  — President Joe Biden will nominate Christy Goldsmith Romero to replace Martin Gruenberg as head of the Federal Deposit Insurance Corpora
Philippines - 5 months ago
MANILA, Philippines — The manufacturing arm of the Chua Group’s Industry Holdings and Development Corp. (IHDC) has agreed to provide construction
Philippines - 5 months ago
WASHINGTON — Leaders of the Group of Seven wealthy democracies have agreed to engineer a $50-billion loan to help Ukraine in its fight for survival.
Philippines - 5 months ago
TOKYO, Japan — The Bank of Japan is expected to hold interest rates steady on Friday but reports said it could gradually reduce its vast hoard of go
Philippines - 5 months ago
WASHINGTON, United States — The IMF executive board voted Thursday to approve a payout of almost $800 million for Argentina as it continues a progra
Philippines - 5 months ago
WASHINGTON — US wholesale prices unexpectedly declined last month, according to fresh government data published Thursday, as goods prices fell, in a
Philippines - 5 months ago
NEW YORK  — Most U.S. stocks slipped Thursday, but hopes for coming cuts to interest rates and Wall Street’s continued frenzy around artificial i
Philippines - 5 months ago
LONDON — The UK announced Thursday dozens of new sanctions aimed at constraining Russia’s war in Ukraine, including targeting Moscow’s main stoc
Philippines - 5 months ago

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