‘Bank lending growth sustained in May’
MANILA – Preliminary data show that outstanding loans of commercial banks, net of reverse repurchase (RRP) placements with the Bangko Sentral ng Pilipinas (BSP),...
After weeks of bad performance, PSEi shows signs of recovery
ILOILO City – After several weeks of continuous drops, the stock market is showing signs of recovery or at least stability. The market ended...
De Lima files bill requiring telcos to provide free access to gov’t websites
MANILA – Detained senator Leila de Lima has filed a bill that would require public telecommunications companies to give the general public free and...
Beverage giant cites NegOcc partners in successful shift to 100% local sugar
BACOLOD City – Beverage giant Coca-Cola Philippines has acknowledged its partners in its various sustainability programs in Negros Occidental.
President and general manager Winn Everhart...
PPP still viable for ‘Build, Build, Build,’ says European biz group
MANILA – The government should again look at the Public-Private Partnership (PPP) system as it moves forward with upgrading the country's infrastructure, the head...
Weak peso good for PH? Not so, blasts senator
MANILA – The depreciation of the peso is not favorable for Filipinos, Senate President Pro Tempore Ralph Recto said recently, disputing the statement of...
Non-financial firms account for highest share of PH GDP
MANILA – Non-financial corporations continued to account for the highest share in the country’s gross domestic product (GDP) at 50.4 percent last year, the...
Businessmen seek ‘clarity’ on charter change – Finex official
MANILA – Businessmen are seeking "clarity" on proposals to amend the constitution, an official of the Financial Executives of the Philippines (Finex) said recently.
Investors...
BSP opens first knowledge resource network in Antique
SAN JOSE DE BUENAVISTA, Antique – The Bangko Sentral ng Pilipinas (BSP) opened its first Knowledge Resource Network (KRN), in partnership with the University...
BSP pegs June inflation between 4.3 to 5.1 percent
MANILA – Inflation could have accelerated by as much as 5.1 percent this June, driven by higher prices of rice and other agricultural products,...