Friday, 03 October 2025, 12:04 am

    Jun Vallecera

    91 POSTS

    BSP keeps policy rate steady but signals prompt hike if warranted

    The Bangko Sentral ng Pilipinas kept the rate at which it borrows from and lends to banks unchanged on Thursday at 6.25 percent but made it perfectly clear the policy-making monetary board will act as quickly as at its next rate-setting meeting in November and raise the polic ratey should this be warranted.

    Fitch projects better reinsurance activities in lead up to 2024

    Global credit watcher Fitch Ratings has recalibrated the year's reinsurance outlook to "improving" from "neutral" a while earlier to reflect the sector's strengthening financial performance going into 2024.

    Small plastic cards helped boost 1Q deposits 432% higher to P27 billion

    The number of so-called basic deposit accounts (BDA) rose 170 percent in the first three months this year to 21.9 million from only 8.1 million a year ago, the Bangko Sentral ng Pilipinas (BSP) said on Friday.

    BPI coal loan exposure drastically falls over three years

    The Bank of the Philippines Islands (BPI), which counts itself a strong supporter of sustainable financing, has brought down its exposure to coal loans from a high 45 percent of portfolio in 2020 to only 29 percent thus far this year.

    While sanguine about improved finances, 7 in 10 Filipinos eventually drop plans of acquiring a loan – survey

    More than eight of 10 in the Visayas and Mindanao are sanguine about their personal finances improving over the next 12 months, according to...

    Just in

    DepEd pushes modular learning, TLS as quake wrecks 7,500 classrooms in Cebu

    The Department of Education (DepEd) today (02 October 2025) pledged modular kits and temporary learning spaces to ensure classes resume quickly for over 19,000 learners adversely affected by a 6.9-magnitude quake In northern Cebu Tuesday.

    TYM Corp. to help train Filipino farm engineers

    The Philippine Center for Postharvest Development and Mechanization (PhilMech) has signed a memorandum of understanding (MOU) with South Korea’s TYM Corporation to advance farm mechanization efforts in the Philippines.

    SMC expands free river cleanup to Alabang River in Muntinlupa

    San Miguel Corp. (SMC) has expanded its Better Rivers PH cleanup initiative to Alabang River in Muntinlupa City, partnering with the local government at no cost to the government.

    DOE mulls incentives for nuclear projects

    The Department of Energy (DOE) is considering introducing financial incentives to support local nuclear energy projects, likely modeled after the Green Energy Auction (GEA) program, a senior official revealed at the Philippine International Nuclear Supply Chain Forum 2025.
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