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Philippines slips to fourth in global banana exports
The Philippines is poised to lose its position as one of the top three banana exporters in the world, with projections showing the country will fall to fourth place in 2024.
PDIC’s P107B fund transfer to Treasury stirs risk debate
In a move aimed at supporting the government’s economic agenda, the Philippine Deposit Insurance Corp. (PDIC) has remitted P107.23 billion to the Bureau of the Treasury (BTr), reinforcing the government's efforts to drive economic growth through major infrastructure and social programs.
BSP pushes for Open Finance, digitalization at annual reception
In a call for continued collaboration on key financial innovations, Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. on Friday night led the annual reception for the banking community at the BSP Complex in Fort San Antonio Abad, Manila.
Bank lending and domestic liquidity continue upward momentum
Bank lending and domestic liquidity saw notable growth in November, signaling a resilient financial environment as the Bangko Sentral ng Pilipinas (BSP) continues to manage the balance between economic expansion and financial stability.
Megawide receives award for 1.87B Cavite BRT project
Megawide Construction Corp. has officially received the Notice of Award from the Province of Cavite for its bid to build the long-awaited Cavite Bus Rapid Transit (BRT) system.
