Top News
Banks maintain loan standards amid mixed economic signals
A substantial majority of banks or 80.4 percent of their number reported maintaining their credit standards for business loans in the latest Q3 2024 iteration of the senior bank loan officers’ survey (SLOS) of the Bangko Sentral ng Pilipinas (BSP).
Filipinos see private sector as key to economic growth -Pulse survey
A recent Pulse Asia survey commissioned by the Stratbase Group reveals that a majority of Filipinos believe the private sector significantly contributes to expanding livelihood opportunities and making goods more affordable.
Telcos under pressure as Typhoon Kristine batters PH
In response to the disruptive impact of Typhoon Kristine (international name: Trami), the National Telecommunications Commission (NTC) has issued a directive to the country’s telecommunication providers to ensure uninterrupted service during the storm's aftermath.
Slower growth projected this year under latest WEO iteration
The economy is projected to expand at the rate of 5.8 percent this year in terms of the gross domestic product, according to the International Monetary Fund in its latest iteration of the World Economic Outlook (WEO).
BSP OKs $3.81B public sector foreign borrowings for Q3 2024
The policy-making Monetary Board of the Bangko Sentral ng Pilipinas has approved USD3.81 billion in foreign borrowings for the public sector during the third quarter of 2024, marking a 36 percent increase from the USD2.81 billion approved in the same period last year.
