No more new coal plant lending for BDO
Banco De Oro Universal Bank (BDO Unibank) on Friday bared a new policy against financing the construction of new coal-fired power plants as a matter of course going forward.
Moody’s unit projects volatile near-term inflation across Ph
Inflation, or the rate of change in prices, is projected to range around the 4 percent mark in the second quarter this year, according to experts such as those from the analytics arm of the credit watcher Moody's Investors Service.
Inflation surges forward in February to 3.4 percent even though core inflation slows
The rate at which prices change across the Philippines pushed past expert projections in February, averaging higher to 3.4 percent for the month from only 2.8 percent in January, the Philippine Statistics Authority (PSA) reported on Friday.
Insurance penetration diminish further in data cited by Sun Life Grepa
The country's insurance penetration rate, defined as premium written as percent of local output growth or the gross domestic product (GDP), diminished further in 2023 to only 1.68 percent from 1.81 percent in 2023.
Moody’s tracks Ph corruption index a notch higher in 2023
The Philippines ranks among the weakest across the Asia-Pacific region in the important metric of transparency, which measures whether governments and their officials are forthright and accountable, according to Moody’s Analytics.
