The Philippines is adjudged to have emerged from the pandemic on strong economic footing based on the preliminary assessment of a four-man visiting team from the International Monetary Fund (IMF).
House leaders have set aside a portion of the P1.23 billion intelligence fund under next year's proposed budget into programs that help defeat inflation.
Foreign direct investments (FDI), the kind that stays for the long haul, proved weaker in the January-to-July period this year to $4.7 billion from $5.5 billion last year, the Bangko Sentral ng Pilipinas said on Tuesday.
Headline inflation getting away from the central bank's 2 percent to 4 percent target range this year heightens the likelihood of a change in the monetary policy structure in the Philippines, the analytics unit of the sovereign credit watcher Moody's Investors Service said on Monday.
GCash, the mobile wallet of Globe Telecom Inc. trends on X, formerly Twitter, after its users complained of inability make transactions, whether sending or receiving, since the early morning hours of Monday.
The Government Service Insurance System (GSIS) has launched Ginhawa Go, a short-term micro-loan program for government employees, offering quick access to cash through the GSIS Touch mobile app.
The Bangko Sentral ng Pilipinas (BSP) has signed separate information sharing agreements with the National Bureau of Investigation (NBI), Cybercrime Investigation and Coordinating Center (CICC), and Securities and Exchange Commission (SEC) to strengthen the government’s crackdown on financial scams.
In January 2023, as East West Banking Corp. entered a new leadership chapter, Jerry G. Ngo became chief executive officer, bringing a lifelong belief that banking is “the physiology of the economy”—the system that keeps commerce alive.
SM Hotels and Conventions Corporation (SMHCC) has secured a major international sustainability accolade, clinching the “2025 World’s Leading Sustainable Circular Economy” title at the World Sustainable Travel & Hospitality Awards held in Dubai.