Banks’ NPL ratio improves in March
By Katherine K. Chan, Reporter THE PHILIPPINE BANKING sector’s nonperforming loan (NPL) ratio declined in March, data from the Bangko Sentral ng Pilipinas (BSP) showed,...
Category : World
Infrastructure spending down 48% as corruption mess slows disbursements
By Justine Irish D. Tabile, Senior Reporter INFRASTRUCTURE SPENDING slumped by 48% year on year in March due to lower disbursements and tighter processes in...
Long Iran war may force BSP to hike rates aggressively
THE RISK of inflation rising faster than expected and hitting double-digit pace as the Middle East war drags on may push the Bangko Sentral ng...
Philippines ranks four spots lower in global good governance index
By Beatriz Marie D. Cruz, Senior Reporter THE PHILIPPINES dropped by four spots to rank 59th out of 133 countries in a good governance index...
DBP earns nod for good governance and sustainable practices
State-owned Development Bank of the Philippines (DBP) has been recognized by its regulator for its adherence to good corporate governance and by an international organization...
ADB offers Philippines up to $1.75B in funding support as Iran war hits economy
THE ASIAN Development Bank (ADB) has offered the Philippine government up to $1.75 billion in additional financing support to help it manage the economic impact...
Tiong Bahru Singapore Flavours offers Filipinos a deeper taste of authentic Singaporean cuisine
Through its diverse selection of signature Singapore classics, Tiong Bahru Singapore Flavours continues to introduce Filipinos to the bold and comforting dishes that define Singapore’s vibrant food scene. For...
Q1 foreign investment pledges surge 52.3%
By Isa Jane D. Acabal, Researcher FOREIGN INVESTMENT pledges in the Philippines rose by 52.3% in the first quarter from a low base a year...
Boomi announces new partnerships, acquisition
By Cathy Rose A. Garcia, Editor-in-Chief CHICAGO — Boomi on Wednesday unveiled a strategic collaboration with Red Hat to deliver a single integrated stack for...
Luzon, Visayas grids on red alert
POWER CONSUMERS in Luzon and the Visayas experienced interruptions on Wednesday after red and yellow alerts were raised across the grids following the loss of...