AMLC secures new freeze order in flood control probe

MANILA, Oct. 3 -- The Anti-Money Laundering Council (AMLC) on Friday said it secured another freeze order from the Court of Appeals (CA) covering more assets linked to alleged irregularities in flood ... Read More

Foreign currency loans up in Q2 2025

Manila, Oct. 1 -- Foreign-currency-denominated loans granted by banks went up by 0.9 percent in the second quarter of the year. Data released by the Bangko Sentral ng Pilipinas (BSP) late Tuesday sho... Read More

BSP revises balance of payment projections amid global headwinds

Manila, Oct. 1 -- The country's balance of payments (BOP) is projected to remain in deficit in the next two years due to global headwinds, the Bangko Sentral ng Pilipinas (BSP) said. The BOP is a sum... Read More

BSP projects September inflation to settle within 1.5 to 2.3%

Manila, Oct. 1 -- The Bangko Sentral ng Pilipinas (BSP) expects September inflation to settle within the range of 1.5 percent to 2.3 percent. "Upward price pressures for the month are likely to arise... Read More

SSS rolls out EMV-equipped, dual-function MySSS Card

Manila, Oct. 1 -- State-run Social Security System (SSS) said Wednesday it has already started accepting applications for the MySSS Card. SSS President and Chief Executive Officer Robert Joseph Monte... Read More

IMF expects PH economy to remain resilient

Manila, Oct. 1 -- The Philippine economy is expected to remain resilient despite the slower performance in the first half of the year amid external headwinds, the International Monetary Fund (IMF) sai... Read More

AMLC: 836 more bank accounts linked to flood control mess frozen

Manila, Sept. 30 -- The Anti-Money Laundering Council (AMLC) on Tuesday said it has secured from the Court of Appeals another freeze order covering a broad range of assets potentially linked to indivi... Read More

Gov't steps up measures to maintain stable inflation

Manila, Sept. 5 -- The government is intensifying efforts to ensure sufficient supply and keep the prices of key commodities affordable despite recent weather disturbances, the Department of Economy, ... Read More

Banks' non-performing loans ratio at 3.40% in July

Manila, Sept. 5 -- The proportion of non-performing loans (NPLs) of Philippine banks to their total loans slightly went up in July, data released by the Bangko Sentral ng Pilipinas (BSP) showed. Data... Read More

Bank lending slows, domestic liquidity picks up in July

Manila, Sept. 5 -- Bank lending grew at a slightly slower pace in July while domestic liquidity growth accelerated, the Bangko Sentral ng Pilipinas (BSP) said. Data released on Friday showed that out... Read More

• «
• 1
• 2
• 3
• 4
• 5
• 6
• »