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BSP opts for a pause in the monetary policy tightening cycle

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The policy-making Monetary Board of the Bangko Sentral ng Pilipinas on Thursday kept its benchmark interest rate unchanged at 6.5 percent, effectively validating market...

Banks return 80 percent of stolen GCash funds

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Mactan, Cebu—The banks as unwitting recipients of funds stolen from GCash accounts have returned 80 percent or just under P30 million of the estimated...

‘A pause in the monetary policy tightening cycle at this point is fraught with risks’

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There had been contrarian views on the subject but on Monday Finance Secretary Benjamin Diokno told reporters he favors keeping the policy rates of...

March remittances up 3% to $2.97 billion

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Money sent home by millions of overseas Filipinos in March proved 3 percent higher to $2.97 billion from only $2.89 billion last year and...

Converge mulls sale-leaseback deal for fiber network, plans dividend payout

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With the aggressive fiber network rollout behind it, Converge Information and Communications Technology Solutions Inc. has cut back its capital expenditure budget this year,...
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Treasury bill yields ease as inflation hopes strengthen

Banking & Insurance 0
The Bureau of the Treasury fully awarded P50 billion worth of Treasury bills on Monday after robust investor demand drove borrowing costs lower across all tenors, signaling growing confidence that inflationary pressures may be easing despite lingering risks from energy prices.

STT GDC expands Philippine AI data center investments

Communications & Technology 0
ST Telemedia Global Data Centres (STT GDC) is accelerating its Philippine expansion, betting that surging demand for artificial intelligence and cloud computing will outweigh long-standing concerns over electricity costs and strengthen the country's position as a regional digital infrastructure hub.

Marcos’ SONA vow on nuclear energy hailed as key milestone for PH power future

Energy & Mining 0
President Ferdinand R. Marcos Jr.’s renewed support for nuclear energy during his 2026 State of the Nation Address is the strongest national backing for the power source since the Philippines adopted its nuclear energy roadmap, according to advocacy group Alpas Pinas.

SEC warns public vs fake PondoCash Facebook page

Corporate 0
The Securities and Exchange Commission (SEC) has cautioned the public about an unauthorized Facebook page using the name PondoCash.

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