Top News
BPI sets aside P3 billion in affordable housing loans
The Bank of the Philippine Islands has allocated P3 billion with its entry in the socialized and affordable housing segment of the market.
Strong foreign investments in July reverse previous trends
Foreign investments registered with the Bangko Sentral ng Pilipinas through authorized agent banks posted net inflows of USD1.38 billion in July, helped by funds invested in government securities and stocks listed on the Philippine Stock Exchange.
Bank lending resilient in double digits in latest central bank count
The monetary authorities reported bank lending remaining resilient and still growing in double digits, averaging 10.4 percent in July.
BSP notes moderate price pressures in August; inflation forecast as low as 3.2%
The monetary authorities project inflation, or the rate of change in prices, to moderate in August from a low of 3.2 percent to no more than 4 percent. This compares with headline inflation averaging 4.4 percent in July.
NEDA Board extends Laguindingan Airport challenge period by a month
The National Economic and Development Authority (NEDA) Board has extended by a month the submission of comparative proposals for the upgrade, expansion, and operations and maintenance of the Laguindingan International Airport.
