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BSP forecasts even lower inflation in June

Inflation, or the rate of change in prices, is forecast to hit as low as 5.3 percent in June on the back of sustained...

Daily minimum wage in NCR to rise mid-July by P40

The daily minimum wage for workers in the National Capital Region will increase starting July 16 to P610 for non-agricultural workers, and to P573...

Family-owned sustainable farming enterprise alarms regulator

The unscrupulous among us have latched themselves unto the sustainable bandwagon to attract unwitting investors and have been somewhat successful enough for the regulator,...

Finance chief discouraged by sluggish spending

Government spending expanded by 1.2 percent in the first five months of the year, an increase that leaves much to be desired to sustain...

Beginning July, MSME loans no longer count as reserve-eligible funds – BSP

Loans the various banks have extended to large enterprises and the micro, small and medium enterprise (MSME) sector no longer count as reserve-eligible funds...

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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.

Silent senators forfeit democracy’s mantle

The Senate has been regarded as the last bastion of democratic dissent—a chamber where statesmen stood their ground, challenged power, and refused to let their voices be drowned out by political pressure or executive overreach. It was where difficult questions were asked, unpopular truths were spoken, and silence was treated not as a virtue but as a surrender.

Minority senators seek Cayetano exit over Senate shutdown

The Senate minority bloc on Tuesday called on Senate President Alan Peter Cayetano to resign, him of abandoning his responsibilities, neglecting his duties, and disregarding Senate rules by halting the chamber’s proceedings. In a sharply worded statement, minority senators argued that the Senate “cannot be made to stop working because its presiding officer refuses to lead,” stressing that legislative work must continue regardless of political disputes. The bloc also maintained that Senate rules require the Senate President to consult both majority and minority leaders before postponing a session, alleging that such consultation did not take place.

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