BSP introduces modified minimum capital for Islamic banking units
The Bangko Sentral ng Pilipinas has approved the modified minimum capitalization requirement for conventional banks with Islamic banking unit (IBU). This policy provides more...
Globe hands over 44% of telco towers to consortium
Globe on Friday handed over an additional 132 towers, mostly from the Visayas and Mindanao, to Phil-Tower Consortium Inc. (PhilTower), for about P2 billion.
With...
Metro Manila Subway project breaks ground in QC
The Department of Transportation on Friday signaled the start of the construction of the Metro Manila Subway project by breaking ground in two underground...
Lending standards among banks broadly unchanged in BSP survey
The various banks have neither tightened nor loosened their lending standards on loans to households or businesses in the first three months of the...
Grab helps deliver processed national identification cards
Grab Philippines has partnered with the Philippine Statistics Authority (PSA) and the Department of Trade and Industry (DTI) to ensure its delivery riders obtain their national...
