PHILIPPINE BANKS’ asset quality continued to worsen as the industry’s gross nonperforming loan (NPL) ratio rose to an over two-year high in October.

PHILIPPINE LAWMAKERS on Wednesday evening ratified the bicameral conference committee report on the P6.352-trillion national budget for 2025.

THE ASIAN Development Bank (ADB) has kept its Philippine economic growth forecasts for this year and 2025, with expansion expected to be driven by easing inflation and lower interest rates. Philippine ...

Insular Life (InLife) announced that it is making changes to its underwriting guidelines to ease and expedite the insurance application process and make life insurance more accessible to Filipinos.

REGULATORS should consider easing requirements for listing in the Philippine stock market, as well as reducing fees, to encourage more companies to go public, the Organisation for Economic ...

THE P1.19-billion Baguio City Integrated Terminal proposal by Saavedra-led Megawide Construction Corp. is set to undergo a Swiss challenge by early next year, according to the Public-Private ...

THE Department of Information and Communications Technology (DICT) urged consumers to migrate to the latest version of Internet protocol (IP) to help protect their information through its built-in ...

TERM DEPOSIT yields went down on Wednesday as markets priced in the latest Philippine headline inflation data and amid a stronger peso. The BSP’s term deposit facility (TDF) attracted bids amounting ...

GOTYME BANK has reached 5.1 million customers and P24 billion in deposits to date, its top official said. “We’re now at 5.1 million customers. We will end the year at about 5.3 million customers.

THE Department of Transportation (DoTr) has rejected ComClark Network and Technology Corp.’s P29.82-billion unsolicited proposal to manage the country’s air navigation, traffic, and control system, ...

CUSTOMER engagement platform Chat-Genie has launched an artificial intelligence (AI)-powered multi-agent framework to help speed up tasks in traditional business process outsourcing (BPO) roles.

THE BANGKO SENTRAL ng Pilipinas (BSP) has launched the second phase of its credit risk database project, which aims to improve financial inclusion by helping boost lending to small and medium ...