The Asian Development Bank (ADB) has approved a USD500 million policy-based loan aimed at advancing the country's public financial management (PFM) reforms and ensuring better public services for Filipinos.
The Bangko Sentral ng Pilipinas (BSP) has assured the public that it is continuing to produce fresh banknotes and coins in anticipation of the higher demand expected during the Christmas season.
The economic growth of Asia and the Pacific is expected to remain steady in 2024 and 2025, but significant uncertainties loom due to potential policy shifts under the incoming administration of U.S. President-elect Donald Trump, according to the latest report by the Asian Development Bank.
CIMB Bank in Manila, a pioneer in digital-only banking, is celebrating its sixth anniversary this December, marking a year of growth and innovative strides in the local banking landscape.