MANILA – Universal and commercial banks (U/KBs) and their subsidiaries are now required to submit quarterly reports on their remaining exposures to London Inter-Bank Offered
Category: Business
Goal to have 70% of adult Filipinos with bank accounts doable
MANILA – Doing financial transactions amid the pandemic-related movement restrictions boosts opportunities for the central bank to hit its 70-percent target in the number of
Over 267K register for PhilSys Step 2 in Zamboanga Peninsula
ZAMBOANGA CITY – Some 267,878 individuals have registered for the Philippine Identification System (PhilSys) since the Philippine Statistics Authority (PSA) rolled out its Step 2
Smarter MSMEs key to post-pandemic recovery: Lopez
MANILA – Innovation-driven and creativity-packed owners of micro, small and medium enterprises (MSMEs) are expected to help fuel the recovery of the sector from the
Excess liquidity pushes TDF rates down anew
MANILA – Banks have continued to place funds in the Bangko Sentral ng Pilipinas’ (BSP) term deposit facility (TDF), which registered a lower interest rate
NPC, finance group condemn lending apps’ privacy violations
MANILA – The National Privacy Commission (NPC) and finance groups on Wednesday “strongly” condemned the harvesting of excessive information of some online lending platforms such
Investing in retail dollar bonds ‘win-win proposition’: DOF chief
MANILA – Department of Finance (DOF) Secretary Carlos Dominguez III urged Wednesday small investors to invest in the Philippines’ first-ever onshore retail dollar bond (RDBs)
OFW remittances seen to rise as more economies reopen
MANILA – Gains in the vaccination program of countries where overseas Filipino workers (OFWs) are, along with economic recovery around the world, are expected to
Growth concerns weaken stocks index; peso firms up
MANILA – The local stock barometer shed on Wednesday mainly on looming Federal Reserve rate adjustment and growth concerns, while the peso improved against the
DTI chief cites potential of young entrepreneurs
BAGUIO CITY – Department of Trade and Industry (DTI) Secretary Ramon Lopez said the country being a so-called social media capital makes youth entrepreneurs as
