Friday, 24 October 2025, 12:11 pm

    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...

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    Siena College campuses go fully green with ACEN RES partnership

    The campuses of Siena College in Quezon City and...

    CLI, Japan’s NTT UD break ground on P9.2B Cebu project

    Leading VisMin developer Cebu Landmasters, Inc. (CLI) has broken...

    Transparency on Trial: ICI to livestream hearings amid public outcry

    The Independent Commission for Infrastructure (ICI) is opening its floodgates—digitally. Soon, the commission will livestream its proceedings, bowing to public pressure for transparency that has swelled louder than the floods the controversial infrastructure projects failed to contain.

    Alternergy, ABC Energy seal P2.4B deal

    Renewable energy pioneer Alternergy Holdings Corp. has entered into...
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