FINANCE

Fitch: Slower Rate Cuts and Faster Loan Growth Boost Philippine Banking Outlook

June 13, 2024 No Comments

MANILA – The outlook for the Philippine banking sector is showing signs of improvement, according to Fitch Ratings, primarily due to slower rate cuts and

NEDA Board to Slash Rice Tariffs to 15% from 35% Until 2028

June 5, 2024 No Comments

NEDA Board Approves Rice Tariff Reduction in the Philippines to 15% Until 2028 The National Economic and Development Authority (NEDA) Board has made a significant

Destination: Marcos Urges Brunei Business Leaders

May 29, 2024 No Comments

President Ferdinand Marcos Jr. on Wednesday called upon Bruneian business leaders to expand their ventures into the Philippines, positioning it as a prime investment destination.

El Niño Price Freeze in the Philippines

May 21, 2024 No Comments

IntroductionIn response to the ongoing El Niño phenomenon, the Philippines has implemented a strategic El Niño price freeze on essential commodities. This two-month freeze is

Finance Outlook of the Philippines for 2024

May 7, 2024 No Comments

The finance landscape in the Philippines for 2024 appears promising despite some challenges. Finance Secretary Benjamin E. Diokno emphasized the nation’s readiness to build on

Philippine Financial Sector Sees 7.9% Growth in Total Resources, Banks Drive Expansion

April 17, 2024 No Comments

MANILA, Philippines — According to preliminary data from the Bangko Sentral ng Pilipinas (BSP), the combined resources of banks and non-bank financial institutions grew by

Anticipated Reduction in Philippine Budget Deficit

April 10, 2024 No Comments

The Philippine government is anticipated to achieve a reduced budget deficit this year as it remains committed to fiscal consolidation, according to a report from

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