Finance ministers and central bank governors from Association of Southeast Asian Nations (ASEAN) reaffirmed the region’s economic resilience despite rising global risks and uncertainty.
The Bangko Sentral ng Pilipinas (BSP) has approved temporary relief measures to help banks and borrowers cope with rising energy costs and supply issues linked to tensions in the Middle East.
The central banks of the Central Bank of the United Arab Emirates and the Bangko Sentral ng Pilipinas have signed a Memorandum of Understanding (MoU) to strengthen financial cooperation and support stronger trade between the United Arab Emirates and the Philippines.
Metropolitan Bank & Trust Co., the country’s 3rd largest lender by assets, has raised P35 billion from its largest peso-denominated bond issuance to date, underscoring strong investor appetite for sustainability-linked instruments despite evolving market conditions.