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Bad debts held by banks rose to their highest level in over two years in July, as many borrowers continued to struggle to pay their loans amid a high
Philippines - 2 months ago
The Bangko Sentral ng Pilipinas (BSP) has space to cut ahead of the US Federal Reserve again amid a favorable inflation outlook at home, a move that c
Philippines - 2 months ago
The Bangsamoro government plans to buy 80 percent of Al-Amanah Islamic Investment Bank of the Philippines (AAIIBP) from the Development Bank of the Ph
Philippines - 2 months ago
The beginning of the “ber” months, which is often used as the starting point for the countdown to the Christmas season, may not be welcome news to
Philippines - 2 months ago
Diversified conglomerate San Miguel Corp. (SMC), which has been keen on developing major airports for billions of pesos, plans to open the new termina
Philippines - 2 months ago
Tropical Storm “Enteng” (international name: Yagi) has left the country a few days ago, but the agriculture sector continues to suffer from its af
Philippines - 2 months ago
The real estate investment trust (REIT) arm of the Ayala group has raised P42.7 million to fund its acquisition of Seda Lio hotel in El Nido, Palawan
Philippines - 2 months ago
The country’s metal output dropped by almost 7 percent in the first semester of 2024 due to lower yields from various metals, including gold and nic
Philippines - 2 months ago
Manila Electric Co. (Meralco) seeks to secure assurance from the Department of Energy (DOE) that its coal-fired power plant project in Quezon province
Philippines - 2 months ago
The country’s largest business group called on the Philippine Health Insurance Corporation (PhilHealth) to increase the health-care benefits and exp
Philippines - 2 months ago
MANILA, Philippines — President Ferdinand Marcos Jr. on Monday vowed to further improve the country’s trade and industry standards through various
Philippines - 2 months ago
BDO received its sixth consecutive win as the Best Cash Management Service Provider in the Philippines at The Asset Triple A Treasurise Awards 2024 in
Philippines - 2 months ago
Asian Development Bank (ADB) President Masatsugu Asakawa announced on Monday his intention to step down from his position, effective Feb. 23, 2025.
Philippines - 2 months ago
The renewable energy market is set to make strides under a supportive administration alongside a more lenient economic backdrop that will make loans c
Philippines - 2 months ago
TOKYO — Japan’s economy grew at an annual rate of 2.9%, slower than the earlier report for 3.1% growth, in the April-June period, boosted by bette
Philippines - 3 months ago
Athens, Greece — Greek Prime Minister Kyriakos Mitsotakis has announced a new set of policies aimed at boosting citizens’ purchasing power and tac
Philippines - 3 months ago
BEIJING — Spanish Prime Minister Pedro Sánchez will meet Chinese President Xi Jinping and other top officials on Monday during his second trip to C
Philippines - 3 months ago
Beijing, China — Chinese consumer inflation ticked up slightly in August to a six-month high, official data showed Monday, but the reading missed ex
Philippines - 3 months ago
Frankfurt, Germany — The European Central Bank is expected to cut interest rates again this week as inflation drifts back down towards its two-perce
Philippines - 3 months ago
Hong Kong, China — Asian markets tumbled Monday after another batch of worse-than-expected US jobs data revived fears about a possible recession in
Philippines - 3 months ago

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