The policy-making Monetary Board of the Bangko Sentral ng Pilipinas (BSP) on Monday held its benchmark interest rate, also known as target reverse repurchase (RRP) rate at 6.50Â percent for the fourth time in a series, meeting market expectations.Â
Treasury bill and bond rates were higher at the double auction Monday, with higher inflation in March and a wide budget deficit in February dominating the news ahead the interest rate-setting meeting of the Bangko Sentral ng Pilipinas.
Fuse Lending, Inc. on Monday reported surpassing the P118 billion mark in life-to-date loans disbursed through GCash app as of the end of 2023, empowering nearly four million Filipinos.Â
PLDT Inc. and its wireless unit Smart Communications, Inc. (Smart), are ramping up their cloud efforts with the launch of a Cloud Center of Excellence (CCOE) that aims to create a future-proof workforce and enhance customer experience.
A new report from biometric identity verification solutions provider iProov says cybercriminals are increasingly using artificial intelligence to carry out identity-based attacks at a much larger scale, raising risks for businesses and digital platforms.
Home Credit Philippines has launched an exclusive nationwide pre-order for the new MacBook Neo, aiming to make high-performance laptops more accessible to Filipinos through affordable installment plans.
Globe Telecom has unveiled a major upgrade to its postpaid services, introducing a wide range of new features aimed at meeting the fast-changing needs of Filipino consumers.
The Metro Pacific Investments Foundation (MPIF) has committed ₱12 million to support the protection of the Tubbataha Reefs Natural Park over the next four years.