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Sunday, 11 May 2025, 4:26 pm

    Banking & Insurance

    BSP chief sees below 2% inflation in early 2024

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    Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla expects inflation falling below the lower end of the government’s two- to four-percent target range early...

    HSBC hikes Philippine GDP growth forecast to 7.1%

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    British banking giant HSBC said the Philippine economy likely grew above seven percent in 2022 despite the sharp slowdown in the fourth quarter last year.

    DBM chief highlights programs supporting Philippine Development Plan

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    Budget Secretary Amenah Pangandaman presented before global investors the country’s priority expenditures in support of the Philippine Development Plan (PDP) 2023 to 2028. The event...

    RCBC DiskarTech ties up with PERA HUB for remittance, loan in-app features

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    Rizal Commercial Banking Corp. of the Yuchengco Group has partnered with Aboitiz-led PETNET Inc. to allow millions of users of the RCBC DiskarTech app to now receive remittances from their loved ones overseas and apply for quick-cash micro loans for as low as P500 with real-time crediting of proceeds.

    Credit card issuers welcome higher cap in finance charges

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    The 17-member Credit Card Association of the Philippines (CCAP) believes the 100-basis point hike in the ceiling on interest rates or finance charges delivered by the central bank’s Monetary Board would boost competition.
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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Corporate

    RCR eyes triple asset growth in 3 years

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    RL Commercial REIT Inc. (RCR), the publicly listed real estate investment trust backed by property giant Robinsons Land Corp. (RLC), is setting its sights on tripling its asset base over the next three years as part of an aggressive growth plan backed by its sponsor.
    Energy

    ERC greenlights NGCP’s ₱1.63B Ilocos substation project

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    The Energy Regulatory Commission (ERC) has approved the National Grid Corporation of the Philippines’ (NGCP) 230-kilovolt  Pinili substation project, a ₱1.63-billion infrastructure initiative aimed at strengthening the country’s transmission network and supporting renewable energy (RE) integration in the Ilocos region.
    Energy

    Meralco nears completion milestones of energy projects in Singapore, PH

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    Meralco affiliate Pacific Light Power Pte. Ltd. (PLP) is on track to complete its 600-megawatt (MW) natural gas-fired power plant in Jurong Island, Singapore by January 2029, signaling a major step in the company’s regional expansion.
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