Top News
FATF cites PH progress made under grey list regime
The Paris-based Financial Action Task Force (FATF) has acknowledged the progress the Philippines has made in key areas of money laundering and terrorist financing that has fueled optimism for Manila to exit the FATF grey list.
Government budget deficit widened in May to P174.9 billion on higher spending
The national government recorded a wider budget deficit of P174.9 billion in May as the 22 percent increase in spending outpaced the 15 percent growth in revenue.
BDO’s Nestor V. Tan headlines BANCNET board directors
The shareholders of electronic banking consortium BancNet have elected new directors to its board during their annual meeting held 18 June 2024.
Ride hailing firm, now LTFRB-compliant, bares superior transaction charges than rivals
Global ride-hailing service provider inDrive on Friday announced a sharply divergent and superior commission charge than the 23 percent levied by its rivals against their driver partners in Metro Manila and its environs at the moment.
BSP steadies hands on key policy levers six meetings in a row
The Bangko Sentral ng Pilipinas (BSP), noting that inflation already approximates the midpoint of the target 2 to 4 percent range, kept its benchmark interest rate at 6.5 percent.
