Digital bank Maya expects to break even in 2024
PLDT chairman and CEO Manny Pangilinan says they are 'quite pleased' with Maya's performance in the first two months of the year.....»»
Philippine central bank holds key interest rates
MANILA, May 16 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate at 6.5 percent and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent, respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said that inflation expectations remain well-anchored while a restrictive policy stance.....»»
Producers Savings Bank acquires Leyte rural bank
Producers Savings Bank Corp. has completed its merger with one more rural bank, bolstering the bank’s assets and profit growth via its branch network expansion......»»
Philippines central bank keeps key interest rates unchanged
MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday to keep the bank's target reverse repurchase rate at 6.5 percent, and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the latest inflation path has shifted slightly higher but still remains within targe.....»»
Carcar rape: Bank employee claims 17-year-old girl flirted with him
CEBU CITY, Philippines – The two bank employees, who were accused of raping a 17-year-old girl in Carcar City, Cebu on Friday, had refuted the victim’s allegations against them. Bank account officer Chandie Canadalla alleged that the girl asked him to accompany her to the bathroom and went along with his flirting. From the bathroom,.....»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
BPI renews alliance with Mizuho Bank
The Bank of the Philippine Islands has renewed its alliance with Japan’s Mizuho Bank Ltd., expanding and strengthening the scope of business cooperation between the two banks......»»
JBIC’s environmental compliance arm to investigate bank’s LNG activity in Verde Island Passage
The Examiner for Environmental Guidelines of the Japan Bank for International Cooperation (JBIC) is set to commence an investigation for potential violations by the bank in relation to its support to the Atlantic Gulf & Pacific Company (AG&P), which built a liquefied natural gas import terminal in the biodiversity hotspot known as the Verde Island […].....»»
Scorching schools: How heat worsens conditions of poor students in PH
[This is the second and last part of a special report on how extreme heat in 2023 impacted the education sector in the Philippines. Click here for the first part.] CEBU CITY, Philippines – The same analysis by Cebu Daily News Digital (CDN Digital) showed that even private schools, which usually have better facilities and.....»»
Security Bank expects higher profit in 2024
Security Bank Corp. is expecting better profitability this year amid a double-digit growth in its lending business, the bank’s investments in technology as well as its plans to put up more branches......»»
BPI sees stronger credit growth
Bank of the Philippine Islands expects a robust growth in credit this year amid the country’s economic expansion and the planned interest rate cuts by the Bangko Sentral ng Pilipinas......»»
Landbank income exceeds P40 billion mark
State-run Land Bank of the Philippines expects its income to reach P45 billion this year after overshooting its 2023 bottomline target......»»
Marcos: No additional EDCA sites in Philippines
The government has no plan of giving US forces access to more military bases in the country under the Enhanced Defense Cooperation Agreement, President Marcos said yesterday, even as he expects expanded joint combat exercises with US and Japanese troops in the coming months......»»
Heat break giawhag sa Dole 7
Heat break giawhag sa Dole 7.....»»
Mandaue City dad pushes ‘heat break’ for field workers
MANDAUE CITY, Philippines — A councilor in Mandaue City is advocating for a ‘heat break’ for the city’s field personnel to shield them from extreme heat and ensure a safe and conducive work environment. Councilor Joel Seno proposed his resolution during the city council’s regular session on Monday, April 22. Under the draft resolution, field.....»»
Lim: To break or to become better
Lim: To break or to become better.....»»
How Entrepreneurship Helps in Escaping Generational Poverty
Generational poverty is a tough chain to break. The lack of opportunities to improve one’s state of life is one of the main reasons why breaking this chain remains a challenge. However, diving into entrepreneurship can help break this curse and flip fate in a person’s favor. But how does being an entrepreneur help pave […].....»»
Fires break out in Minglanilla, Talisay
Fires break out in Minglanilla, Talisay.....»»
Market sizzles after Lenten break
Local stocks were off to a sizzling start following a long break as investors took cues from positive economic developments abroad......»»
12 people drown in Philippines during past week break
MANILA, April 1 (Xinhua) -- At least 12 people, including a three-year-old boy, have drowned in the Calabarzon region during the past holy week break starting March 28, local police said on Monday. The victims died in separate incidents in the region, which is located in southeast of Manila and comprises five provinces. Filipinos observe the holy week that falls during summer by heading to the beach or ri.....»»