International Container Terminal Services Inc., or ICTSI, announced Tuesday it has secured a $1 billion, 10-year term loan from BDO Unibank Inc., with the company serving as sole borrower.
Broader use of alternative data, coupled with risk-based regulation and stronger consumer safeguards, could help widen formal credit access for Filipino microentrepreneurs, according to digital lender Tala.
Treasury bill yields rose across all maturities at Monday’s auction as surging oil prices fueled concerns over inflation and the prospect of further monetary tightening by the Bangko Sentral ng Pilipinas.
St. Peter Life Plan Inc. is encouraging Filipino families to consider memorial arrangements as part of their broader financial and emergency preparedness, saying advance planning can help reduce uncertainty and ease decision-making during difficult times.