We are sorry, the requested page does not exist
PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says
The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»
‘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 see higher loan demand in Q2
Philippine banks are projecting a higher loan demand from both corporate and household borrowers in the second quarter amid a rosier economic outlook and more attractive financing terms from lenders......»»
Robinsons Bank systems convert into BPI in 18 months
Bank of the Philippine Islands is looking to convert all branches and systems of Robinsons Bank Corp. in 12 to 18 months, following the merger of the two banks earlier this year......»»
Banks’ bad loans ratio highest in 8 months
The share of bad loans to the banking sector’s total loan book went up to an eight-month high in January, snapping two straight months of decline, as borrowers felt the pinch of elevated interest rates......»»
Aurora declared stable internal peace, security
Aurora declared stable internal peace, security.....»»
Lacson optimistic with NegOcc economy after ‘stable internal peace’ declaration
Lacson optimistic with NegOcc economy after ‘stable internal peace’ declaration.....»»
Cebu’s Jimenez beats Brillo, wrests GAB Youth minimumweight belt
CEBU CITY, Philippines — Cebu’s John Kevin Jimenez of the Chao Sy Boxing Stable staged a huge upset after beating MP Boxing Stable’s prospect Jayson Brillo in the main event of the “Manny Pacquiao Presents Blow-by-Blow” fight card at the City of Passi Arena in Iloilo on February 9. He defeated the heavily favored Brillo.....»»
DOE official: Grid system in Panay Island stable
DOE official: Grid system in Panay Island stable.....»»
Banks’ bad loans rise in February
The soured loans of Philippine banks picked up for the 14th straight month in February, bringing the gross non-performing loan ratio to a steady 3.44 percent, amid high interest rates......»»
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......»»
Jon Lucas niregaluhan ni misis ng brand new car na nagkakahalaga ng P2-M
ANG bongga naman ng wifey ng Kapusop actor na si Jon Lucas! Talagang kinarir nito ang nakakalokang pa-surprise niya para sa kanyang asawa. E, kasi nga guys, niregaluhan lang naman ang dating Hashtag member ng asawa niyang si Shy Feras ng brand new car na nagkakahalaga ng tumataginting na P2 million. Baka Bet Mo: Jon.....»»
‘Take care of your heart’: Stars on fellow celebrities’ breakups
Just a few days shy of Valentine’s Day, sad news of celebrity couples breaking up hadn’t ended yet......»»
PH Economy Remains Optimistic Amid Global Slowdown
The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»
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......»»
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......»»
Cebu weather: Still hot, humid for the next five days
CEBU CITY, Philippines – As the hot and humid summer continues, residents of Metro Cebu and the rest of the province can expect stable weather in the next few days, according to the latest forecast from the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) Visayas Services Division. From Saturday, May 4, to Wednesday, May 8,.....»»
BSP onboards 1st nonbank electronic money issuer
The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»
Interview: ISU chief hails next generation stars rising at Gangwon 2024
GANGNEUNG, South Korea, Jan. 28 (Xinhua) -- The next generation stars in ice skating are rising at the 2024 Gangwon Winter Youth Olympic Games, chief of the global skating governing body has said. "Next-generation stars can compete [at a] global level. Just like many other sports, this is an event where we get to see the rising stars, the next generation stars," Kim Jae-youl, president of the International Skati.....»»
Indian banking sector continues to improve with better asset quality, high credit growth: Survey
New Delhi [India], March 21 (ANI): The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed. The eighteenth round of the survey was carried out for the period July to December 2023. Those banks that were surveyed together represent about 77 per cent of the banking i.....»»