Banking & Insurance
June inflation reading seen ranging higher from 4 to 4.8 percent
The Bangko Sentral ng Pilipinas on Wednesday projected greater price pressures prevailing in the July inflation survey due next week, likely averaging a low of 4 percent and high of 4.8 percent.
PH1 World secures P500 million loan from BPI
PH1 World Developers Inc., the property development arm of publicly-listed Megawide Construction Corp., on Tuesday took out a P500 million loan from Ayala-led Bank of the Philippine Islands for the development of its property in San Jose Del Monte, Bulacan.
Digital lender assures hassle-free transactions under QR PH pact
Digital lending service provider Digido on Tuesday announced the integration of QR Ph into its payment system under a partnership with Dragonpay.
Treasury bill yields higher at auction as market awaits July inflation data
Treasury bill yields were slightly higher at the auction Monday as the market awaits July inflation data, which would provide an additional clue on whether the Bangko Sentral ng Pilipinas would finally cut interest rates next month.
Better interest margins lift Philippine National Bank net income to P10.3 Billion in 1H
The Philippine National Bank, the country’s 7th largest lender by assets, said Monday net income in the first half rose 5.6 percent to P10.3...
