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Moody’s outlook: Philippine banks remain on stable footing
Moody’s Investors Service has maintained a stable outlook for Philippine banks as interest rate cuts from the Bangko Sentral ng Pilipinas this year are seen to support economic recovery......»»
Digital banks seen profitable in 5-7 years
Digital banks in the Philippines need five to seven years to become profitable, as only two out of six online lenders are doing well so far, according to the Bangko Sentral ng Pilipinas......»»
UBS sees 2-digit credit growth for Philippines banks
Banks operating in the Philippines are expected to post a double-digit credit growth this year on the back of robust economic expansion, according to banking giant UBS......»»
Philippines, German central banks partner on capacity-building
The central banks of the Philippines and Germany have formalized their partnership on capacity-building through the signing of a memorandum of understanding......»»
Banks’ bad loans swell in 2023
The soured loans of Philippine banks picked up to 3.23 percent in 2023 from the almost two-year low in 2022, according to the Bangko Sentral ng Pilipinas......»»
RCBC the best PH bank by network uptime, and UBP ranks at the bottom
Brankas, a Singapore-based fintech software and services provider, published its first annual ASEAN Bank Stability Report to measure the network uptime performance of ASEAN-region banks, and RCBC finished in the top spot among banks in the Philippines with an uptime of 98.3% (31 hours total downtime) including a stretch of seven months with zero downtime events......»»
‘Philippine banks to ride wave of robust economic growth’
The projected robust economic growth this year could shape up into a better year for Philippine banks, S&P Global Ratings said......»»
Banks expect higher consumer, corporate loan demand in Q1
Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»
More groups to establish Islamic banks in Philippines
More groups are looking at establishing Islamic banks in the Philippines as the first branch of the new banking classification is expected to open soon, according to the Bangko Sentral ng Pilipinas......»»
BSP pursues reforms to modernize banks
The Bangko Sentral ng Pilipinas is pursuing policy reforms to modernize Philippine banks and ensure a sustainable, digital and inclusive banking future......»»
Beyond the Raise: Mastering Financial Prosperity Post-Income Boost
Are you still feeling broke even if you already had a salary increase or a new stream of income? You are not alone. Feeling broke can sometimes not be just not a feeling — it can be your real situation. Feeling broke despite an increase in income can be caused by different factors, which include […].....»»
Workers buck wage hike in installments
Stressing the need for a one-time significant wage increase to effectively stimulate the local economy, labor group Federation of Free Workers has rejected the proposal by some legislators and the business sector for an installment-based legislated wage increase......»»
Oliver crush na crush si Kim, wish makatrabaho sina Piolo at Kathryn
IPINAKILALA na sa media/vloggers ang hottie lawyer ng Cebu na si Oliver Moeller bilang talent ng Cornerstone Entertainment headed by Erickson Raymundo at Jeff Vadillo. Unang exposure ni Oliver sa “It’s Showtime” at kaya siya sumali pala sa “Expecially For You” segment ay dahil crush niya si Kim Chiu kaya tinutukso na agad siya sa.....»»
PAGASA warns of dangerous heat index in 11 areas on Black Saturday
PAGASA warned of heat indexes reaching "danger levels" in almost a dozen areas in the Philippines on Black Saturday, with continued exposure possibly causing heat cramps, heat exhaustion or heat stroke......»»
Razon unit strengthens exposure in water infrastructure
The Razon Group’s joint venture with a privately owned Australian construction company plans to beef up its presence in the water infrastructure space to support its growth in the coming years......»»
‘Social media partly to blame for teenage pregnancies’
Too much social media exposure is partly to blame for the alarming rise in teenage pregnancies in the country, the Commission on Population said yesterday......»»
Japanese firm to double stake in REDC
Japanese conglomerate Tokai Corp. will double its equity exposure in Repower Energy Development Corp., a subsidiary of Pure Energy Holdings Corp......»»
Bong hindi na keri ang butt exposure sa pelikula; CC6 tuloy ang pagtulong
BUKOD sa pinaplanong entry para sa Metro Manila Film Festival 2024, inaabangan na rin ng fans ang reunion movie nina Sen. Bong Revilla at Sharon Cuneta. Wala pang maibigay na mga detalye ang actor-public servant tungkol sa naturang proyekto pero wishing and hoping siya sa muling pagtatambal nila sa big screen ng nag-iisang Megastar. Pero.....»»
Job insecurity, climate change pose challenges in Philippines human development – UNDP
The lack of job security and the high exposure to climate and disaster risks are seen as challenges to the country’s economic growth and human development, making it necessary to make investments in climate resilience and education, according to the United Nations Development Program......»»
The Daily Guardian: Montgomery County Reports First Confirmed Measles Case Since 2005
Officials Warn of Potential Measles Exposure at One Children’s Plaza Dayton, OH – Health officials are urging individuals who visited the emergency department at One.....»»