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Why the dollar is still strong

Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Moody’s: Philippines highly exposed to food security risks

Food security risks will likely remain elevated in Asia-Pacific even if prices of food ease this year, with the Philippines among the most exposed to shocks and risks in the region, Moody’s Investors Service said......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

ACEN gets higher rating for climate change report

Ayala-owned ACEN Corp. has secured a “B” rating from environmental non-profit disclosure system CDP for its climate change disclosure, moving two levels up from last year’s rating......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Moody’s Analytics sees below 5 percent GDP in Q4

Philippine economic growth likely slowed to below five percent in the final quarter of 2023 on the back of softer global economic growth, according to Moody’s Analytics......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Moody’s, Fitch research arms see rate cuts in 2nd half

The research units of the Moody’s and Fitch Group expect the Bangko Sentral ng Pilipinas to cut rates in the second half , reversing a tightening cycle that saw key policy rates rise by 450 basis points......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Philippines rating unchanged in women, business and law index

The Philippines has made no progress in providing equal economic opportunities for women as it kept its previous year’s rating in the latest Women, Business and Law report of the World Bank......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

SC affirms Sandigan’s decision to allow Napoles, ex-Masbate lawmaker to post bail

SC affirms Sandigan’s decision to allow Napoles, ex-Masbate lawmaker to post bail.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

CSC affirms 2019 decision: Libre guilty of malpractice

CSC affirms 2019 decision: Libre guilty of malpractice.....»»

Category: newsSource:  sunstarRelated NewsJan 14th, 2024

D& L bonds maintain top credit rating

D&L Industries Inc., the country’s leading specialty food ingredients and oleochemicals producer, has maintained the highest credit rating for its outstanding bonds......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Queen of Tears dethrones Crash Landing On You as K-drama with highest viewership finale rating

Korean drama "Queen of Tears" now holds the record of highest viewership rating of any drama in tvN history, surpassing "Crash Landing On You.".....»»

Category: entertainmentSource:  philstarRelated NewsApr 29th, 2024

Fitch keeps credit rating of 5 Philippine banks

Fitch Ratings has affirmed the credit rating of five of the country’s biggest banks and kept its stable outlook, on the back of a likely robust economic growth over the next two years......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

PBBM, Sara, Zubiri, Romualdez patok trust, approval rating -survey

Kapwa mataas ang trust" 79% at "approval" 76% ratings nina President Bongbong Marcos Jr. na may 79% at "approval" 76% ratings. The post PBBM, Sara, Zubiri, Romualdez patok trust, approval rating -survey first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 4th, 2024

Globe gets ‘B’ CDP rating for 3 consecutive years

Globe gets ‘B’ CDP rating for 3 consecutive years.....»»

Category: newsSource:  sunstarRelated NewsFeb 19th, 2024

Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023

The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

Euromoney recognizes Metrobank as Best Bank for Ultra High-Net-Worth Filipinos

Metropolitan Bank & Trust Co. (Metrobank) remains the preferred bank for affluent Filipinos as it receives the Best Bank for Ultra High-Net-Worth (UHNW) award at the Euromoney Global Private Banking Awards 2024......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

BPI sells shares in GoTyme Bank

The Bank of the Philippine Islands sold its 752 million common shares of GoTyme Bank Corp. to GoTyme Financial Pte. Ltd. and Giga Investment Holdings Pte. Ltd, the bank said yesterday......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

45 crore Jan Dhan accounts have accumulated Rs 2.1 lakh crore: Anurag Thakur

New Delhi [India], February 17 (ANI): Union Minister Anurag Thakur on Friday inaugurated the 2024 Annual Government and Institutional Business Meet of the Federal Bank and asserted that under the Jan Dhan scheme around 45 crore bank accounts have been opened. Addressing an audience of the officials and employees of the bank, the Minister at the very outset, congratulated Federal Bank for an all-time high share price. Reca.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

45 crore Jan Dhan accounts have accumulated Rs 2.1 lakh crore: Anurag Thakur

New Delhi [India], February 17 (ANI): Union Minister Anurag Thakur on Friday inaugurated the 2024 Annual Government and Institutional Business Meet of the Federal Bank and asserted that under the Jan Dhan scheme around 45 crore bank accounts have been opened. Addressing an audience of the officials and employees of the bank, the Minister at the very outset, congratulated Federal Bank for an all-time high share price. Reca.....»»

Category: sportsSource:  abscbnRelated NewsFeb 17th, 2024

Security Bank, Helios team up for solar energy in households

Security Bank Corp. has tied up with climate fintech firm Helios to boost the access of Filipino homeowners to clean and sustainable energy......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024