MB approved $2 billion public sector foreign borrowing in Q4 2022
For the period October to December 2022, the Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) approved one public sector foreign borrowing of $2 billion, which is lower by 32.95 percent compared to the $2.98 billion borrowings approved in the same period in 2021.
GSIS tops rating among gov’t agencies in anti-red tape survey
The Anti-Red Tape Authority (ARTA) has extended to the Government Service Insurance System (GSIS) the Silver Award representing the highest rating of 92.8 percent or “Very Satisfactory”, among 50 government agencies in the agency’s Report Card Survey (RCS) 2.0.
Inflation, renewed mobility helping shape 2023 global consumer trends
The post-pandemic era is ushering in new shopping habits across the world, and companies must monitor them closely to address and adjust to their customers’ evolving needs, according to global market research firm Mintel.
SBFI classroom project gets DepEd citation
Security Bank Corp. and its corporate social responsibility arm, Security Bank Foundation, Inc. (SBFI) were recently recognized by the Department of Education (DepEd) for programs and investments in advancing quality education in the Philippines through the Adopt-a-School Program.
New York court claims jurisdiction over Bangladesh Bank heist case vs RCBC
The Supreme Court of the State of New York has denied motions filed by Rizal Commercial Banking Corp. (RCBC) and its current and previous employees seeking to dismiss the suit initiated by Bangladesh Bank in connection with the 2016 cyber heist.
