Tag: Home Credit

Treasury bill yields were mostly higher at Monday’s auction as investors appeared to price in the possibility of tighter monetary policy ahead of the Bangko Sentral ng Pilipinas’ interest rate-setting meeting later this week.

Roxas and Co. Inc. has secured a P1.93-billion term loan from China Banking Corp., a key step to strengthen its finances and support long-term growth, the company disclosed Monday. Proceeds will refinance existing debt across the parent firm and its subsidiaries and fund general operations, giving the group more financial room to advance its turnaround plan.

The Bangko Sentral ng Pilipinas (BSP) recognized 10 outstanding institutional partners from South Luzon during the 2026 Outstanding BSP Stakeholders Appreciation Ceremony (OBSAC) held on August 24, 2026. The awardees were honored for their strong support of the BSP’s currency management programs, including the Cash Service Alliance, as well as their efforts in promoting digital payments and expanding financial literacy among businesses, students, and local communities.

The Department of Energy (DOE) has estimated that at least ₱7.5 billion in investments will be required to fully eliminate non-technical systems loss across the country’s power network, even as it launched the Brigada Kontra Jumper program on Monday to curb electricity theft and related abuses through the eGovPH digital platform. Systems loss refers to the gap between energy produced and energy delivered, split into technical losses—an unavoidable physical effect of power transmission—and non-technical losses, driven primarily by illegal connections, meter tampering, and power pilferage. These losses are currently passed on to all consumers as a uniform charge collected by distributors and electric cooperatives, making the issue a direct financial concern for every household and business.