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Government raises P330 million from asset disposals in 2023
The Philippine Deposit Insurance Corp. raised some P330 million from disposing assets of padlocked banks last year......»»
RCBC income hits all-time high in 2023
Rizal Commercial Banking Corp. grew its net income by 15 percent to hit a record P12.22 billion in 2023, fueled by faster-than-industry loan and deposit growth......»»
BSP collects P510 million via coin deposit machines
The Bangko Sentral ng Pilipinas has collected over half a billion pesos worth of coins as part of efforts to bring them back to circulation and address the shortage due to improper storage or disposal......»»
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.".....»»
Maya is '1 Digital Bank in PH
Maya now stands as the #1 Digital Bank in the Philippines, revolutionizing the industry with its unified payments and banking services on one digital platform. In 2023, Maya saw a remarkable increase in users, with 3 million depositors, more than double the previous year, and a deposit balance reaching PHP25 billion, a 69% increase from […].....»»
Explained: PDIC and How It Works
At some point, I’m sure you’ve seen the acronym “PDIC” and “PHP500,000” together somewhere, especially if you’re constantly in digital banking apps or physical branches up and about. In the world of finance, understanding mechanisms that safeguard your hard-earned money is of utmost importance. One key player in this domain is the Philippine Deposit Insurance […].....»»
UPCAT 2024 results out
The University of the Philippines (UP) yesterday released the results of the UP College Admission Test (UPCAT) for academic year (AY) 2024-2025......»»
Roundabout simulation results in ‘overcrowding’
Roundabout simulation results in ‘overcrowding’.....»»
PNOC-EC awaits results of DOE review on deals
MANILA – PNOC-Exploration Corp. (PNOC-EC), the oil and gas exploration arm of state-owned Philippine National Oil Co., is awaiting the results of the Department of Energy’s (DOE) review of all petroleum service contracts before it proceeds with the development of the Camago-Malampaya Oil Leg in northwest Palawan......»»
House leaders question Cha-cha survey results
Two House leaders yesterday questioned the latest Pulse Asia survey results which showed that 88 percent of Filipinos are opposed to the amendment of economic provisions in the 1987 Constitution......»»
PDEA: 7 drivers yield positive results in drug testing
PDEA: 7 drivers yield positive results in drug testing.....»»
Asian qualifying results for 2026 FIFA World Cup
BEIJING, March 22 (Xinhua) -- Following are Thursday's results in Asian qualifying for the 2026 FIFA World Cup in the United States, Canada and Mexico: Group A At Doha Qatar bt Kuwait 3-0 At Abha, Saudi Arabia Afghanistan tied India 0-0 Group B At Tokyo Japan bt DPR Korea 1-0 At Yangon Myanmar tied Syria 1-1 Group C At Seoul South Korea tied T.....»»
Military operation in Iloilo results in recovery of bodies, capture of CNT members
Military operation in Iloilo results in recovery of bodies, capture of CNT members.....»»
Positive earnings results boost share prices
The stock market ended a two-day bleeding after a slew of positive corporate earnings results buoyed investor sentiment......»»
Results, team standings: UAAP Season 86 volleyball
Check out the first-round results of the UAAP men’s and women’s volleyball tournament.....»»
Three AI Enablers to Watch as Nvidia Unveils Surprise
Nvidia Corp. set to announce quarterly results, high expectations in AI market Nvidia Corp. is gearing up to unveil its latest quarterly results, with the.....»»
Ferrari stock surges on upbeat 2024 profit forecast, as luxury demand remains strong
Ferrari Exceeds Expectations with Strong Q4 Sales Results Italian luxury car manufacturer Ferrari has achieved outstanding sales results in the fourth quarter of 2023, leading.....»»
Analysts mixed on timing of BSP rate cut
Local and foreign analysts are divided on whether the Bangko Sentral ng Pilipinas (BSP) has room to cut ahead of the US Federal Reserve, as doing so may put pressure on the peso......»»
Mixed movements in oil prices seen next week
Pump prices of fuel products may see mixed movements next week, with gasoline continuing its downward trend and an uptick in diesel and kerosene prices following a recent rally in global oil prices......»»