e-wallets far more widespread in Phl than credit cards
The Philippines is well on its way to a cash-lite future as the number of Filipinos owning e-wallets like Maya and GCash far outnumber...
Beginning July, MSME loans no longer count as reserve-eligible funds – BSP
Loans the various banks have extended to large enterprises and the micro, small and medium enterprise (MSME) sector no longer count as reserve-eligible funds...
Manila sovereign standing rated weak under latest S&P readings
On a scale of 1 to 6, with 6 being weakest, the Philippine sovereign's institutional and economic standing is rated 4, according to the...
IMF flags country’s corporate debt as among the most vulnerable in Asia
The International Monetary Fund on Thursday flagged corporate debt in the Philippines as among the most vulnerable in Asia and urged the monetary authorities...
Fewer long-duration foreign funds made Phl home in first two months
Long-duration foreign funds more known as foreign direct investments (FDI) poured inward in February totaling $1 billion or 13 percent more than only $926...
