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Banks credit wary in 1Q under new BSP survey

The Bangko Sentral ng Pilipinas (BSP) reported mixed signals in credit conditions for the first quarter of 2025, with implications for the country's economic outlook and monetary policy stance.

Filinvest Development stays focused on 5-year growth plan

Filinvest Development Corp. (FDC) is committed to its five-year growth strategy, which aims to more than double earnings from their 2023 levels by reshaping...

PNB Profit Peso Bond Fund wins Best Managed Fund Award at Vision 2025

The Philippine National Bank (PNB) solidified its position as a leader in investment fund management after its Profit Peso Bond Fund was named one of the Best Managed Funds for 2025 at the “Vision 2025: Market Forecast and Fund Excellence” event hosted by the CFA Society of the Philippines.

Philippine Seven announces leadership changes effective July

Philippine Seven Corp., the local franchise holder of the global convenience store chain 7-Eleven, announced that its chairman, former Finance Secretary Jose T. Pardo, has informed the Board of his decision to retire as Chairman of the Board and Independent Director in July.

EastWest declares ₱1.5B dividends following record earnings

East West Banking Corp. has declared ₱1.5 billion in cash dividends, equivalent to ₱0.68 per share, following its strongest financial performance to date.

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Banks to build releasable capital buffer for crisis lending 

The Bangko Sentral ng Pilipinas (BSP) has approved a new rule (Circular No. 1235) establishing the Positive Neutral Countercyclical Capital Buffer (PN-CCyB), a mechanism designed to support steady lending even during economic stress.

LRTA launches free parking at LRT-2 Legarda Station to cut costs, ease traffic

The Light Rail Transit Authority (LRTA) has introduced free parking services at LRT-2 Legarda Station starting May 25, Monday. This move comes as oil prices continue to rise, aiming to persuade private vehicle owners to shift to public transport, bringing clear economic benefits to commuters and the wider community.

President Marcos expands pork imports amid supply shortages  

Ferdinand Marcos Jr. has signed Executive Order No. 116, increasing the minimum access volume (MAV) for pork imports by 150,000 metric tons to help ease supply shortages and stabilize prices amid the lingering impact of African Swine Fever.

Majority of Filipino adults now have financial accounts – BSP

A Social Weather Stations (SWS) survey commissioned by the Bangko Sentral ng Pilipinas (BSP) shows 58 percent of Filipino adults owned formal financial accounts in the first quarter of 2026 — up from 5 percent in 2025 and 48 percent in early 2025.
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