ASIAN Development Bank (ADB) President Masatsugu Asakawa announced on Monday that he has decided to cut short his second term by stepping down on the last Sunday of February next year. Asakawa was ...

THE local banking industry’s bad loans ratio posted the highest rate recorded in two years, according to the latest data released by the Bangko Sentral ng Pilipinas (BSP). Data showed the gross ...

DESPITE the economy rebounding, over one-third of organizations (34.6 percent) in the Philippines reported that their salary budgets for the 2024 cycle were lower than the previous year, according to ...

THE Department of Transportation (DOTr) is set to complete the Swiss Challenge for two unsolicited regional airport proposals this year, a Cabinet official said on Monday. During the inaugural ...

THE latest inflation print supports the view of the Bangko Sentral ng Pilipinas (BSP) on the wisdom of dealing another cut in key policy rates this year, a US-based think tank said. Moody’s Analytics ...

DESPITE geopolitical uncertainty keeping majority of Philippine CEOs awake at night, 86 percent of company leaders remain optimistic about industry prospects and revenue growth in the next 12 months, ...

THE Department of Budget and Management (DBM) has released P21 billion in excise tax collections from tobacco and cigarettes to local government unit (LGUs) on August 30. Budget Secretary Amenah F.

THE Bureau of the Treasury (BTr) fully awarded and upsized to P22.600 billion the Treasury bills (T-bills) it auctioned on Monday, higher than the programmed P20 billion, due to the higher bids. The ...

THE Bangsamoro Government is set to acquire the shares of state-run Development Bank of the Philippines (DBP) in Al-Amanah Islamic Investment Bank of the Philippines (AAIIBP), according to the ...

THE IT and Business Process Association of the Philippines (IBPAP) announced recently it has tapped Singapore-based Paywatch Global Pte. Ltd. to address the ongoing challenges of talent attraction and ...

BPI Wealth-A Trust Corp., a subsidiary of the Ayala-led Bank of the Philippine Islands (BPI), disclosed that its digital accounts exceeded P1 billion in assets under management as of June 2024.

The headline reads something like “Philippines debt hits record P15.69 trillion in July” and the wailing begins. Then comes something like “To pay off this debt, each Filipino has to pay around ...