Banking & Insurance

Loan growth drives Philippine Business Bank 1H net income up 40%

Philippine Business Bank said Wednesday first-half net income surged 40 percent year-on-year to P869.2 million from 620.3 million, fueled by sustained loans and deposit...

Manila digital financial transactions some of the more compelling narratives in region – ADB

The Philippines owns one of the more successful programs in the digital transformation process of countries monitored by the Asian Development Bank (ADB). According to...

World Bank bares measures helping boost financial capacity

The World Bank has taken bold new steps to increase its lending capacity, a major boost in firepower that will give millions of people...

BIR modifies rules, process in accreditation of sales machines

Sales machines and software that generate invoices and receipts should be accredited with the Bureau of Internal Revenue (BIR) using the Enhanced Electronic Accreditation...

Net external liabilities widen to P2 trillion in 4Q 2022

The country’s net external liability position widened just a shade under 30 percent to P2 trillion in the fourth quarter last year from only...

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