Bangko Sentral ng Pilipinas assistant governor Johnny Noe Ravalo

BSP exec cites need to enhance capital market

MANILA – The need to introduce further improvements to the Philippines’ capital market has risen especially in recent years to help address the dovish interest rate...
Finance secretary Carlos Dominguez III. PCOO

‘LGU’s higher share will create fiscal problem’

MANILA - The Department of Finance secretary Carlos Dominguez said on Wednesday the High Court’s ruling increasing local government unit’s internal revenue allotment (IRA) is projected to increase...
Metro Iloilo Bulk Water turns over its sustainable rainwater harvester to the Western Visayas Sanitarium Integrated School in Brgy. Bolong Oeste, Sta. Barbara on Sept. 24.

Metro Iloilo Bulk Water turns over rainwater harvester to fifth beneficiary in Sta. Barbara

STA. BARBARA, Iloilo – Metro Iloilo Bulk Water (MIB) turned over its sustainable rainwater harvester to the Western Visayas Sanitarium Integrated School (WVSIS) in Brgy. Bolong Oeste,...
Bangko Sentral ng Pilipinas on Friday declined to comment on the arrest of former Foreign Affairs Secretary and Banco Filipino Savings and Mortgages Bank director Perfecto Yasay Jr. ABS-CBN NEWS

Term deposits undersubscribed, rates mixed

MANILA -  Rate of the Bangko Sentral ng Pilipinas’ (BSP) term deposit facility (TDF) registered mixed results Wednesday due to undersubscription and demand for higher yield. Rate...
The Development Bank of the Philippines (DBP) won the Best Innovation in Financial Services award for its Program Assistance to Support Alternative Driving Approaches (DBP PASADA) during The Global Sustainable Finance Awards 2019 held in Karlsruhe, Germany. The award recognized the success of DBP in balancing the 3Ps — people, planet, and profits — through the PASADA by embedding sustainability in lending and advancing the transformation to a low carbon and sustainable economy. Photo shows one of the modern public utility vehicles financed under the DBP PASADA.

DBP bags global award for public transport lending program

State-owned Development Bank of the Philippines (DBP) recently received an international award for its financing program that supports the National Government’s Public Utility Vehicle Modernization Program (PUVMP),...

OET and UK Tier 2 Visas: Only one test required for both registration and...

UNITED Kingdom’s (UK) Home Office announced yesterday that doctors, nurses, dentists and midwives applying for Tier 2 (General) visas will no longer need to meet a separate English language...
(From left) During the ribbon-cutting ceremony: Mr. Kazuo Kito, President and General Manager, Sharp Philippines; Hon. Maria Nancy Socrates, Vice Mayor, Puerto Princesa City; Mr. Yoshihiro Hashimoto, Executive Managing Officer, head of President Office and head of ASEAN Business, Sharp Corporation; and Mr. Nick Taok Jr., Senior Manager for Customer Satisfaction Division, Sharp Philippines

Sharp Philippines Corporation opens new service center in Palawan

SHARP Philippines reinforces its foothold in the market with the opening of their newest Service Center located at Pediapco Centre Barangay San Pedro, National Highway in...
The House Committee on Appropriations on Wednesday approved House Joint Resolutions 9, 10 and another still-unnumbered seeking to extend the validity of some portions of the 2019 budget until next year. HOUSE OF REPRESENTATIVES

House panel OKs measures extending portions of 2019 budget until next year

THE House Committee on Appropriations on Wednesday approved the measures seeking to extend the validity of some portions of the 2019 budget until next year. During its meeting,...
From being dubbed as the “Sick Man of Asia”, the Philippines has come a long way and is now cited as among the fastest growing economy in the world, says Bangko Sentral ng Pilipinas governor Diokno. WORLD ATLAS

PH gov’t eyes A-credit rating for next 2 years

MANILA – Philippine officials aim to elevate the country’s investment grade credit rating to A level over the next two years given the sustained robust domestic...

BTr rejects 20-year T-bond bids

MANILA - The Bureau of the Treasury’s (BTr) auction committee on Tuesday rejected all bids for the 20-year Treasury bond after rates rose beyond the acceptable...