BSP revealed that digital banks in the PH are encountering challenges
Most digital banks in the Philippines are yet to achieve profitability, with a moratorium on new licenses set to expire...
Category: Business
A Japanese credit rating agency expresses optimism about PH economic growth
In the assessment provided by Japan Credit Rating Agency Ltd. (JCR), it’s anticipated that the Philippine economy will experience a...
BSP emphasized the battle against inflation is ongoing and far from being resolved
Bangko Sentral ng Pilipinas Governor Eli Remolona has emphasized that it’s premature to declare victory in the battle against inflation....
Social Security System is providing a program for loan condonation
The Social Security System (SSS) in the Philippines is urging its members who have outstanding loans to take advantage of...
NLEX increased its investment in EVs with recent purchases
NLEX Corp. is intensifying its commitment to sustainability by expanding its fleet of electric vehicles (EVs). Currently, the tollway company...
In Feb, the rate of inflation surged to 3.4 percent
In February, inflation in the Philippines rose to a two-month high of 3.4 percent, up from 2.8 percent in January,...
Manila Water secured a loan of $110M for refinancing
The holding company overseeing Manila Water Co. Inc.’s international ventures, led by Razon, has successfully secured a $110 million three-year...
Productivity continues to lag behind expectations for rice cultivation
In the Philippines, a significant amount of nearly P80 billion, mainly derived from rice tariffs, has been invested back into...
The ongoing feud between Universal Music Group and TikTok
The clash between Universal Music Group (UMG) and TikTok intensifies as UMG criticizes TikTok’s handling of artificial intelligence (AI), amid...
Clark International Airport recognition and applause at Routes Asia 2024
Clark International Airport (CRK) was honored with an award at Routes Asia 2024, held in Langkawi, Malaysia. CRK clinched the...
