Banking & Insurance
Manila Water subsidiary secures $110 million loan from foreign banks
Manila Water subsidiary Manila Water Asia Pacific Pte. Ltd. has secured a three-year term loan for USD110 million from Mizuho Bank and from the Dutch financial services giant ING.
Forecast inflation seen averaging 3% in February
Food prices were to prove slightly elevated in February, likely averaging 3 percent for the month, based on latest forecast by analysts at Moody's Analytics.
RCBC explores better alternatives to aging OTP
The Rizal Commercial Banking Corp. (RCBC) recently emphasized the importance of exploring continued advancements in authentication solutions to strengthen online banking security. As technology evolves, so too must authentication methods to ensure optimal protection for clients' financial information.
Fed’s Kugler ‘optimistic’ on disinflation without big job losses
Federal Reserve Governor Adriana Kugler on Friday signaled she sees the elusive "soft landing" of falling inflation amidst a healthy labor market within reach for the U.S. economy, noting that inflation expectations remain anchored and the Fed has avoided a wage-price spiral.
BSP expects Feb inflation within 2.8%-3.6% range
The Bangko Sentral ng Pilipinas said increases in the cost of food and utilities picked up pace February, likely nudging inflation rate higher than the 2.8 percent posted in January.
