Tuesday, 05 August 2025, 10:54 pm

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    New IFC regional chief calls for greater private investments in Asia-Pacific

    The International Finance Corp. (IFC), the private investment arm of the World Bank, has appointed Riccardo Puliti as its new Regional Vice President for Asia and the Pacific. 
    00:00:57

    Gov’t earmarks P151B for social protection programs

    The government has allotted more than P151 billion to sustain the major social protection service programs of the Department of Social Welfare and Development (DSWD).

    Bank lending expansion slows to 13.4% in December as high rates bite

    The growth in loans disbursed by big banks slowed to 13.4 percent in December from the revised 13.9 percent in November amid the series...
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    BSP forecasts inflation settling within 7.5-8.3% in January

    The Bangko Sentral ng Pilipinas (BSP) sees inflation remaining elevated between 7.5 and 8.3 percent this month, well above the two to four percent target, after hitting a 14-year high of 8.1 percent in December.

    Electronic fund transfers stood a shade under P10 trillion in 2022

    Electronic fund transfers via the PESONet and InstaPay nearly touched P10 trillion last year, jumping by 37.3 percent to hit P9.94 trillion from P7.24 trillion in 2021.

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    FinQuest launches loan-matching platform

    FinQuest Philippines (finquest.ph) has officially launched a new digital loan-matching platform designed to connect small and medium-sized enterprises (SMEs) with a network of banks and financial institutions. The goal is to accelerate access to business financing across the country.

    Alert raised over Visayas Grid as power plant outages continue

    The Visayas Grid had been placed under yellow alert from 1:00 p.m. to 9:00 p.m. on Tuesday, as the National Grid Corporation of the Philippines (NGCP) flagged low power reserves amid rising electricity demand and continued outages across multiple power plants.

    Manulife,Watsons forge partnership to boost health awareness in PH

    Manulife Philippines has partnered with Watsons Philippines in a major health awareness initiative, underscoring a strategic corporate collaboration aimed at promoting nutrition, wellness, and preventive care nationwide.

    Maya Bank named Best Virtual Bank for third year running

    Maya Bank Inc. has been recognized as the Best Virtual Bank at the Asian Banking and Finance Retail Banking Awards 2025, marking its third consecutive win in the category.

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