Long-haul FDIs continue to push lower in 2022
Foreign direct investments (FDI) flowed inward on net basis last year to $9.2 billion, sharply lower than in 2021 when this aggregated $12 billion.
In...
8-man Japan team arriving to help manage Mindoro ecological disaster
Japan is sending an eight-man team of experts to help the Philippines control and remove an oil slick that is quickly evolving into an ecological disaster.
Fitch Ratings: Phl to prove itself resilient amid low growth, rising risk asset scenario
London- and New York City-headquartered Fitch Ratings said so-called asset-quality risks the various Philippine banks face at present are increasing due to the rising cost of living and higher interest rates.
It’s not easy being a millennial, survey says
More than half or 51 percent of millennials are discouraged from pursuing their chosen career path in full as this has proven inadequate to provide for their financial needs, a study financed by CIMB Bank Philippines show.
Anti-inflation liquidity suppression results in fewer January loan take outs
There were fewer loan take outs among the universal and commercial licensed banks (U/KBs) in January when so-called domestic liquidity, essentially money readily available...
