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BPI coal loan exposure drastically falls over three years
The Bank of the Philippines Islands (BPI), which counts itself a strong supporter of sustainable financing, has brought down its exposure to coal loans from a high 45 percent of portfolio in 2020 to only 29 percent thus far this year.
BSP keeps policy rates unchanged for third time in series
The policy-making Monetary Board of the Bangko Sentral ng Pilipinas on Thursday kept the policy rate intact at 6.25 percent for a third time in a series.
PAVI proposes adding 7 more stations to ongoing LRT-1 extension project
Villar-led Prime Asset Ventures Inc. (PAVI) is proposing to extend the Light Rail Transit-1 extension program by seven additional stations going all the way to Silang, Cavite.
Personal remittances up 3 percent to $17.6 billion in the first half
Money sent home by overseas Filipinos (OFs) increased by 2.2 percent to $3.13 billion in June from only $3.06 billion in the same month last year, the Bangko Sentral ng Pilipinas (BSP) said on Tuesday.
GCG reviewing government pay schedules under possible new round of adjustments
The government is planning a new round of adjustments in the salary of government workers and has already tasked the Governance Commission for GOCCs...
