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Philippines central bank keeps key interest rates unchanged
MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday to keep the bank's target reverse repurchase rate at 6.5 percent, and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the latest inflation path has shifted slightly higher but still remains within targe.....»»
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 […].....»»
UnionDigital Bank revenue grows to over P5 billion
UnionDigital Bank, the digital banking arm of Aboitiz-led Union Bank of the Philippines, saw its revenue grow to over P5 billion in 2023 mainly driven by higher deposits and loans......»»
Carcar rape: Bank employee claims 17-year-old girl flirted with him
CEBU CITY, Philippines – The two bank employees, who were accused of raping a 17-year-old girl in Carcar City, Cebu on Friday, had refuted the victim’s allegations against them. Bank account officer Chandie Canadalla alleged that the girl asked him to accompany her to the bathroom and went along with his flirting. From the bathroom,.....»»
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.".....»»
BPI renews alliance with Mizuho Bank
The Bank of the Philippine Islands has renewed its alliance with Japan’s Mizuho Bank Ltd., expanding and strengthening the scope of business cooperation between the two banks......»»
JBIC’s environmental compliance arm to investigate bank’s LNG activity in Verde Island Passage
The Examiner for Environmental Guidelines of the Japan Bank for International Cooperation (JBIC) is set to commence an investigation for potential violations by the bank in relation to its support to the Atlantic Gulf & Pacific Company (AG&P), which built a liquefied natural gas import terminal in the biodiversity hotspot known as the Verde Island […].....»»
J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc
Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»
J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc
Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»
Digital bank Maya expects to break even in 2024
PLDT chairman and CEO Manny Pangilinan says they are 'quite pleased' with Maya's performance in the first two months of the year.....»»
What would a new Palestinian government in the West Bank mean for the war in Gaza?
What would a new Palestinian government in the West Bank mean for the war in Gaza?.....»»
Mitsubishi Philippines names new president
Mitsubishi Motors Philippines Corp. is aiming to grow its sales by 15 percent this fiscal year as it officially welcomed its new president......»»
LRT-1 operator names new execs
The MVP Group continues to shake up the corporate ladder, this time with the appointment of new executives at Light Rail Manila Corp......»»
Marcos names new LWUA head
President Ferdinand Marcos Jr. has appointed lawyer Jose Moises Salonga as the new administrator of the Local Water Utilities Administration, which oversees the development of water supply systems in areas outside Metro Manila. .....»»
IMI transitioning to new leadership
Ayala-led Integrated Micro-Electronics Inc. is transitioning to a new leadership with long-time CEO Arthur Tan set to step down from his role after over two decades......»»
PLDT eyes new president
Telco giant PLDT Inc. may appoint within the year a new president and CEO who will be tasked to lead the company in a period of growth uncertainty......»»
Pru Life UK announces new CEO
Pru Life UK has announced the appointment of Sanjay Chakrabarty as its new chief executive officer effective Feb. 1, subject to regulatory approval......»»
Tartaria farmers defend community despite assaults, arson from armed security
Tensions in the peasant community of Lupang Tartaria flared up starting April 16 when armed security forces from Jarton Security Agency, Inc. began threatening to erect a barricade around the vicinity. In response, the farmers erected their own fence and set up a protest camp. The post Tartaria farmers defend community despite assaults, arson from armed security appeared first on Bulatlat......»»
Australian lawmakers talk up security cooperation during Taiwan visit
A leading Australian opposition lawmaker visiting Taiwan this week has highlighted the importance of security cooperation between Taiwan and Australia.In a meeting with Taiwanese President Tsai Ing-wen Monday, Andrew Wallace, the deputy chair of Australia's Parliamentary Joint Committee on Intelligence and Security, said that in an ever-changing geopolitical landscape, security cooperation is 'paramount.'.....»»