Banking & Insurance
GoTyme launches multi-currency time deposit
GoTyme Bank, the digital banking unit of the Gokongwei group, has launched a dollar-based time deposit product that it said is most accessible in the market.
Malacanang seen acting decisively on MB members ostensibly hiring ghost employees
The Office of the President is certain to act quickly on the matter involving the hiring and subsequent resignation of absentee Bangko Sentral ng Pilipinas (BSP) employees ostensibly hired by members of the policy-making, seven-member Monetary Board.
Inflation averaging 4% in 2024 doable
Bangko Sentral ng Pilipinas governor Eli Remolona on Tuesday said inflation, or the rate of change in prices, averaging lower than the ceiling of 4 percent this year is achievable.
Yield on 91-day treasury bill eases on strong demand
Average interest rate on 91-day treasury bills declined at the auction Monday, softened by strong demand for the shorter-dated debt paper.
Land Bank loans for rice farmers under RCEF total P2.5B
The Land Bank of the Philippines reported extending loans under the expanded rice credit assistance program of the Rice Competitiveness Enhancement Fund (ERCA-RCEF) reaching P2.5 billion as of end-April this year.
