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Japan credit rater bullish on Philippine growth this year
The Philippine economy is likely to grow by six percent this year, mainly driven by robust private consumption amid easing prices and stable remittances, Japan Credit Rating Agency Ltd. said......»»
BSP to review 3 percent rate cap on credit card transactions
The Bangko Sentral ng Pilipinas will review this month whether to keep or hike the three percent interest rate cap on credit card transactions......»»
BPI lends fresh P7 billion to Home Credit Philippines
Bank of the Philippine Islands has extended an additional P7 billion loan to Home Credit Philippines, making it the financing firm’s biggest lender......»»
High rates dampen credit growth in 2023
he expansion of credit in the country slowed last year as the still elevated cost of borrowing dampened demand, the Bangko Sentral ng Pilipinas said......»»
Bank credit growth slows anew in November
The expansion of credit in the country slowed anew in November 2023 due to still elevated interest rates, the Bangko Sentral ng Pilipinas said......»»
Speaker pitches Philippines as ideal investment destination at WEF
With its “unique demographic advantage and ongoing reforms to open up the economy,” the Philippines is now an “ideal destination” for foreign investments, Speaker Martin Romualdez told leaders and representatives of the Association of Southeast Asian Nations gathered for the World Economic Forum annual meeting in Switzerland......»»
House panel cites Quiboloy for contempt for snubbing SMNI franchise hearings
MANILA, Philippines — Kingdom of Jesus Christ (KJC) founder Apollo Quiboloy has been cited for contempt for still refusing to attend the House of Representatives committee on legislative franchises hearing on the Sonshine Media Network International (SMNI) issue. Surigao del Sur 2nd District Representative Johnny Pimentel moved to hold Quiboloy in contempt after the latter still failed.....»»
Amid ouster rumors, Migz told: Deliver Cha-cha votes
Administration lawmakers yesterday challenged Senate President Juan Miguel Zubiri to fulfill his promise to President Marcos that he can muster the 18 votes needed for economic reforms in the 1987 Constitution......»»
US-Phl relationship ‘at its best right now’
Philippine Ambassador to the United States Jose Romualdez is urging the Philippine business community to rally behind President Marcos’ push for economic reforms that will enable the country to attract more foreign investments and compete with our strong neighbors in the region -- Vietnam, Indonesia, Malaysia and Thailand, who are all likewise trying to attract such investments......»»
Marcos: Charter change only about economic reforms, ‘nothing more’
Fears of amending political provisions of the 1987 Constitution come against the backdrop of an important historical detail – that charter change under his father's regime decades was a key factor in being in power for 21 years.....»»
Rate cuts to help investments regain momentum – economist
The country’s investment climate will likely regain its momentum once policy rates here and abroad start to normalize in the second half of the year, coupled with economic reforms meant to attract foreign capital......»»
Marcos: Cha-cha only about economic reforms | The wRap
The wRap's highlights: Marcos on charter change, Arnie Teves, Kobe Bryant.....»»
After ceasefire, House hopes Senate passes RBH6 by March
Administration lawmakers, under the leadership of Speaker Martin Romualdez in the House of Representatives, are hoping that an inter-parliamentary ceasefire the senators initiated will result in their promise to pass economic reforms in the 1987 Constitution......»»
NEWS BRIEFS | Misamis Oriental Updates, 31 January 2024
P12.75 billion ok’d for Laguindingan airport expansion The National Economic Development Authority (NEDA) said it approved the expansion of Laguindingan Airport in Misamis Oriental, which has become the most overcrowded airport in the region. NEDA Secretary Arsenio Balisacan approved the “parameters, terms, and conditions of the upgrade of the airport,” Mindanao’s second busiest airport. The […].....»»
Contract awarded to rehabilitate Philippines main airport
MANILA, Feb. 17 (Xinhua) -- The Philippine government has awarded a contract to a private consortium led by San Miguel Corp.(SMC) to upgrade the country's main international gateway, the Ninoy Aquino International Airport (NAIA). In a statement released on Friday night, National Economic and Development Authority Secretary Arsenio Balisacan lauded the efforts of the Department of Transportation in spearheading t.....»»
Contract awarded to rehabilitate Philippines main airport
MANILA, Feb. 17 (Xinhua) -- The Philippine government has awarded a contract to a private consortium led by San Miguel Corp.(SMC) to upgrade the country's main international gateway, the Ninoy Aquino International Airport (NAIA). In a statement released on Friday night, National Economic and Development Authority Secretary Arsenio Balisacan lauded the efforts of the Department of Transportation in spearheading t.....»»
NU cites intense preparation in masterclass win vs UE
Preparation was the key factor for the National University Lady Bulldogs as they pulled off a lopsided victory over the UE Lady Warriors......»»
MILF cites non-Moro governor’s support to peace process
The Moro Islamic Liberation Front on Wednesday awarded a non-Muslim governor of a province outside of the Bangsamoro region a special citation for supporting the peace overture between the MILF and Malacañang since its inception in 1997......»»
House panel cites Quiboloy in contempt for snubbing SMNI franchise hearings
The House legislative franchises committee cited embattled preacher Apollo Quiboloy in contempt after he again refused to attend the panel’s hearing into the alleged franchise violations by the television network connected to his church......»»
Marcos Jr. lauds DepEd, cites gains under Sara
Despite having the “most difficult mandate,” the Department of Education has been able to set the stage for a “modern and responsive” educational system under its current leadership, President Marcos said yesterday......»»