Strong banks, low inflation support PH credit rating
The Bangko Sentral ng Pilipinas (BSP) on Thursday welcomed a report by the Japan Credit Rating Agency (JCR) affirming the resilience and soundness of the Philippine financial system—an assessment that carries important implications for businesses, households, and the broader economy.
BSP hub attracts 6,000+ visitors since May opening
The Bangko Sentral ng Pilipinas (BSP) Hub has welcomed over 6,000 visitors since opening its doors to the public in May 2025. Located at the BSP Head Office along Roxas Boulevard in Manila, the Hub serves as a centralized venue for the BSP’s public-facing services.
Digital finance giants team up for ₱2.75B lending push
Southeast Asia’s leading digital finance platform Atome and the country's top digital bank Maya Bank have signed a ₱2.75 billion (approx. US$48 million) loan channeling agreement aimed at expanding access to credit for millions of underserved Filipinos.
Megaworld raises P2.24B from sale of MREIT shares
Megaworld Corp., the listed property development business of billionaire Andrew Tan, said it has sold 168.6 million ommon shares of its sponsored retail estate and investment trust, MREIT Inc., in a block sale transaction that raised around P2.24 billion before fees and taxes.
Del Monte Pacific receives auditor disclaimer
Del Monte Pacific Limited has disclosed that its independent auditor, Ernst & Young LLP, issued a disclaimer of opinion on its consolidated financial statements for the fiscal year ending April 30, 2025, citing insufficient audit evidence related to its U.S. subsidiary.
