Banking & Insurance
BDO Trust Group expects FED to deliver six rate cuts in 2024
The Trust and Investments Group of BDO Unibank Inc. expects the Federal Reserve, the central bank of the U.S., to start an interest rate-cutting...
BPI completes 2023 with Robinsons Bank acquisition
The Bank of the Philippine Islands (BPI) rounds the year with the formal takeover of Robinsons Bank.
Their union completes the process by which their...
Rang-Ay Bank partners with PLDT Enterprise
North Luzon-based Rang-Ay Bank has tapped ePLDT, a unit of PLDT Enterprise, to ensure the security of its online and mobile banking business.
BSP freezes small-value bank fund transfer charge at 2021 level
The Bangko Sentral ng Pilipinas (BSP) has maintained the moratorium on InstaPay and PESONet fund transfer fee increases observed under Monetary Board Resolution 1599 dated 7 December 2023.
Budgetary shortfalls programmed to steadily diminish over the next five years
The budget deficit projected this year to equal 6.1 percent of local output measured as the gross domestic product (GDP) is seen steadily diminishing over five years when it rounds the period to only 3 percent of GDP, the Development Budget Coordination Committee (DBCC) said.
