More easing likely amid weak growth
By Luisa Maria Jacinta C. Jocson and Aubrey Rose A. Inosante, Reporters THE weaker-than-expected economic growth in the third quarter will allow the Bangko Sentral ng Pilipinas (BSP) to continue cutting rates, analysts said, though this outlook is clouded by the
Debt service bill falls by 61% in September
MARI GIMENEZ-UNSPLASHBy Aubrey Rose A. Inosante, ReporterTHE NATIONAL GOVERNMENT’S (NG) debt service bill declined year on year in September as amortization payments for domestic borrowings slipped, the Bureau of the Treasury (BTr) reported.The latest data from BTr showed that the
Bank lending jumps 11%, fastest in nearly 2 years
BW FILE PHOTOBy Luisa Maria Jacinta C. Jocson, Reporter BANK LENDING continued to grow in September, hitting its fastest pace in nearly two years, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP).Outstanding loans of universal and commercial
First Triple P Sustainability Awards honor Filipino trailblazers of ESG excellence
Pioneering winners of the first-ever Triple P Sustainability Awards (from third from left): MPIC, SMIC, Meralco, Mondelez, Maynilad, and LRMC. They were joined by (from left) Joe Zaldarriaga, Belle Tiongco, and Melody Del Rosario of IABC.The International Association of Business