Although officials acknowledge the rising interest rate environment is a tough challenge, consumer finance provider Home Credit Philippines is confident of adding some 70,000 more clients this year and lift its customer base to 10 million from or less 9.3 million at the moment.
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.
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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.
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.
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.
The Bangko Sentral ng Pilipinas (BSP) held its Economic and Financial Learning Program (EFLP) in Cotabato City from 17 to 18 September 2025, to promote financial literacy among farmers, fisherfolk, and agri-entrepreneurs.
The Asian Eye Institute (AEI) recently welcomed Dr. Ike Ahmed, the world’s most influential ophthalmologist in 2024 (as recognized by The Ophthalmologist magazine), for a high-level research collaboration with Dr. Robert Edward Ang, AEI’s head of Cornea and Refractive Surgery Services and chief of its Research and Training Center.
The Bangko Sentral ng Pilipinas (BSP), through its Legazpi Branch, is actively addressing the cash needs of banks in Masbate following the impact of Typhoon Opong.
The Government Service Insurance System (GSIS) announced its readiness to assist members and pensioners in Bogo and other quake-hit areas in Cebu, following the recent magnitude 6.9 earthquake that caused structural damage and disrupted daily life.