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Japan extends the Philippines another quick-disbursing ODA loan

Japan has signed a new loan worth 30 billion yen or P11.8 billion in local currency to help the Philippines deal with the disruptive...

Japan’s R&I signals sovereign credit boost

Japan’s Rating and Investment Information Inc. (R&I) has affirmed the country’s credit stature as a triple B or BBB-rated sovereign but whose outlook has...

Moody’s unit projects slower 2Q expansion of only 6% in latest forecast

Moody’s Analytics, the data analysis and financial intelligence arm of the sovereign credit watcher Moody’s Investors Service, forecasts a moderate expansion of the economy...

TransCo seeks 2.3 times the FIT-All rate starting next year

The National Transmission Corp. (TransCo) has asked the Energy Regulatory Commission (ERC) for an increase in the 2024 feed-in-tariff allowance (FIT-All) to P0.0867 per...

Phl, EU begin FTA scoping process; GSP+ extended until 2027

The Philippines and the European Union (EU) have announced their intention to explore the re-launch of negotiations for a new free trade agreement (FTA). The...

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Eala trades clay dust for grass glory

If clay courts are a slow-burn chess match, grass is a drag race—and Alex Eala arrived at the starting line with her foot firmly on the accelerator.

MGB: PH mining up 28.6% in 1Q, bright 2026 outlook seen

The Mines and Geosciences Bureau (MGB) forecasts a favorable 2026 for the mining sector, driven by strong global demand for energy transition minerals and steady commodity prices.

Discovery Capital secures loan to widen reach, boost financial inclusion

Discovery Capital Finance Corp. has secured a credit facility with Union Bank of the Philippines, part of the Aboitiz group, to speed up its expansion across the country.

EastWest Bank expands priority banking for affluent clients amid strong growth

East West Banking Corp. is set to grow its priority banking network and services, following a 40 percent rise in assets under management to P120 billion last year. CEO Jerry G. Ngo announced the bank will increase priority banking branches nationwide from 13 to 20 in the coming years.

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