Philippine lags in ASEAN credit growth indicators
The country’s credit growth is seen declining over the next two quarters, compared to its Association of Southeast Asian Nations peers, Bank of America Global Research said in a report......»»
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Australia, ASEAN Warn Against Confrontations in South China
Members of the 10-nation Association of Southeast Asian Nations are urging calm among those who operate in the increasingly volatile South China Sea.The plea was made Wednesday in a joint statement between ASEAN and Australia at the end of a three-day summit in Melbourne. The summit marked the 50th anniversary of Australia establishing formal ties with ASEAN.The declaration said Australia and ASEAN "recog.....»»
Australia, ASEAN Warn Against Confrontations in South China Sea
Members of the 10-nation Association of Southeast Asian Nations are urging calm among those who operate in the increasingly volatile South China Sea.The plea was made Wednesday in a joint statement between ASEAN and Australia at the end of a three-day summit in Melbourne. The summit marked the 50th anniversary of Australia establishing formal ties with ASEAN.The declaration said Australia and ASEAN "recog.....»»
Coast Guard ship Samudra Paheredar on overseas deployment to ASEAN, arrives im Phillipines
Manila [Philippines], March 25 (ANI): India Coast Guard ship Samudra Paheredar, a specialized Pollution Control Vessel, reached Manila, Philippines on Monday, marking the commencement of its (overseas deployment) OSD mission to Association of Southeast Asian Nation (ASEAN) countries. ASEAN countries includes Brunei Darussalam, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, and Vietnam, " acc.....»»
Coast Guard ship Samudra Paheredar on overseas deployment to ASEAN nations, arrives in Philippines
Manila [Philippines], March 25 (ANI): India Coast Guard ship Samudra Paheredar, a specialized Pollution Control Vessel, reached Manila, Philippines on Monday, marking the commencement of its (overseas deployment) OSD mission to Association of Southeast Asian Nation (ASEAN) countries. ASEAN countries includes Brunei Darussalam, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, and Vietnam, " acc.....»»
Coast Guard ship Samudra Paheredar on overseas deployment to ASEAN, arrives im Phillipines
Manila [Philippines], March 25 (ANI): India Coast Guard ship Samudra Paheredar, a specialized Pollution Control Vessel, reached Manila, Philippines on Monday, marking the commencement of its (overseas deployment) OSD mission to Association of Southeast Asian Nation (ASEAN) countries. ASEAN countries includes Brunei Darussalam, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, and Vietnam, " acc.....»»
Coast Guard ship Samudra Paheredar on overseas deployment to ASEAN nations, arrives in Philippines
Manila [Philippines], March 25 (ANI): India Coast Guard ship Samudra Paheredar, a specialized Pollution Control Vessel, reached Manila, Philippines on Monday, marking the commencement of its (overseas deployment) OSD mission to Association of Southeast Asian Nation (ASEAN) countries. ASEAN countries includes Brunei Darussalam, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, and Vietnam, " acc.....»»
Australia: Spotlight Rights at Summit with ASEAN
(Sydney) - Australian Prime Minister Anthony Albanese should focus on human rights concerns and democratic backsliding at the upcoming summit with Southeast Asian leaders, Human Rights Watch said in a report released today. Albanese will host leaders from nine of the countries making up the Association of Southeast Asian Nations (ASEAN) at the ASEAN-Australia Special Sum.....»»
PH OKs revised Asean free trade pacts with ANZ, Hong Kong
MANILA — The Philippines, a founding member of Association of Southeast Asian Nations (Asean), has agreed to amend two important free trade agreements to benefit investors, traders, and exporters. The Department of Trade and Industry (DTI) announced on Thursday that it signed the Second Protocol to Amend the Agreement Establishing the Asean-Australia-New Zealand Free Trade.....»»
Philippines to lead growth in ASEAN+3
The Philippines is expected to post the fastest economic growth in the Association of Southeast Asian Nations Plus 3 this year and the next, according to the ASEAN+3 Macroeconomic Research Office......»»
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......»»
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.....»»
UBS sees 2-digit credit growth for Philippines banks
Banks operating in the Philippines are expected to post a double-digit credit growth this year on the back of robust economic expansion, according to banking giant UBS......»»
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......»»
Should You Bite on Digital Credit Line Offerings?
Digital credit lines have become a prevalent offering for digital platforms like digital banks and online shopping apps. These readily available lines of credit, often so accessible, can be tempting, especially for unexpected expenses. But before you hit “apply,” it’s crucial to weigh the pros and cons to determine if a digital credit line aligns […].....»»
Moira Dela Torre highlights value of giving credit following viral copyright issue
Moira Dela Torre weighed in on the viral copyright issue and said that it is important to give credit where credit is due. .....»»
CCAP: Current credit card rate cap sufficient
The Credit Card Association of the Philippines said it fully supports the assessment process of the Bangko Sentral ng Pilipinas in adjusting or keeping the cap on credit card charges, adding that the current ceiling is sufficient......»»
Philippine still lags in mobile internet speed
The Philippines logged one of the best improvements in mobile internet speed in Asia Pacific in 2023, but the country is far from matching the performance of regional leaders......»»
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......»»
EDITORIAL — Sour grapes
There are many reasons why tiny Singapore has sprinted ahead of the rest of Southeast Asia in terms of economic growth and nearly all human development indicators......»»
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......»»