BSP cuts key rate by 25bps as inflation outlook eases
The Bangko Sentral ng Pilipinas (BSP) reduced its benchmark interest rate by 25 basis points on Thursday, as the monetary board responded to a more favorable inflation outlook and signs of slowing global economic activity.
Toll suspension ordered at NLEX Marilao Interchange
The Department of Transportation (DOTr) has ordered NLEX Corp. to immediately suspend toll collection at the northbound segment of the Marilao Interchange on the North Luzon Expressway (NLEX) until all four lanes are fully operational.
CBS welcomes BDO entry into thrift banking
China Bank Savings (CBS) sees BDO Network Bank's entry into the thrift banking sector as a positive step for financial inclusion and industry stability, signaling potential shifts in the retail banking landscape.
“PH market fundamentals solid despite geopolitical risks”
BPI Securities on Thursday affirms that the economy remains fundamentally sound despite rising geopolitical tensions in the Middle East. Mark Race, its president and CEO, said that while the country faces risks from elevated oil prices due to its status as a major importer, stable inflation and improving domestic supply conditions, particularly in rice, are helping to cushion the impact.
BDO encourages families to return the favor to dads
In celebrating Father’s Day, BDO Unibank reminds families that it’s time to return the favor to the one who’s long been the family's financial rock—Dad.
