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    MB approved $2 billion public sector foreign borrowing in Q4 2022

    For the period October to December 2022, the Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) approved one public sector foreign borrowing of $2 billion, which is lower by 32.95 percent compared to the $2.98 billion borrowings approved in the same period in 2021. 

    Inflation, renewed mobility helping shape 2023 global consumer trends

    The post-pandemic era is ushering in new shopping habits across the world, and companies must monitor them closely to address and adjust to their customers’ evolving needs, according to global market research firm Mintel. 

    BOP surplus in December pared the full-year 2022 shortfall to only $7.3B

    The balance of payments (BOP), essentially what is left after deducting the country’s foreign currency expenses against earnings, stood as a surplus of $612 million in December 2022, the Bangko Sentral ng Pilipinas (BSP) said on Thursday.

    DOF chief briefs WEF CEOs on proposed Maharlika Investment Fund

    Finance Secretary Benjamin Diokno briefed World Economic Forum (WEF) chief executive officers (CEOs) on the current state of the Philippine economy, as well as...

    Tugon Kabuhayan offers private-sector help to stop chronic food smuggling

    Food security and livelihood advocacy group Tugon Kabuhayan on Tuesday offered to help the government stop the chronic smuggling of food products that has depressed local production and kept food prices...

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    Employee-centric strategy earns lender top HR honors

    Security Bank has received multiple accolades for its employee-first approach and successful HR transformation initiatives.

    BPI backs DENR’s ‘Forests for Life’ reforestation drive

    The Bank of the Philippine Islands (BPI), a member of the Ayala Group, has pledged its support for the Department of Environment and Natural Resources–Forest Management Bureau’s (DENR-FMB) “Forests for Life: 5 Million Trees by 2028” program. The initiative aims to plant at least five million indigenous forest trees across the country from 2025 to 2028.

    Filinvest expands renewable energy shift with ERC recognition

    The Energy Regulatory Commission (ERC) has recognized the Filinvest Group for leading the adoption of government’s power aggregation program, following the ceremonial switching of 11 Filinvest facilities to renewable energy in Alabang.

    Secure banking for seniors with BDO Prime Savers

    As families across the country prepare to honor their elders this Grandparents’ Day, BDO Unibank, Inc. is encouraging Filipinos to give back in a meaningful way—by supporting their grandparents’ financial wellness through the BDO Prime Savers Account, a banking solution tailored specifically for customers aged 60 and above.

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