Bangko Sentral may cut rates again next month as inflation slows
BW FILE PHOTOMETROPOLITAN Bank & Trust Co. (Metrobank) expects the Bangko Sentral ng Pilipinas (BSP) to cut benchmark interest rates again next month, with inflation is seen to remain within target in the next two years.“The market is currently pricing
Secure in Uncle Sam’s protection
FREEPIKIn defense of the proposed P256.1-billion budget of the Department of Defense for 2025, Defense Secretary Gilbert Teodoro, Jr. told the House appropriations panel on Aug. 29 that the country acted too late to upgrade its naval and air force
Condo sale boosts AREIT’s Seda Lio acquisition fund
SEDAHOTELS.COMLISTED AREIT, Inc. has generated P42.69 million from the sale of three office condominium units in Muntinlupa City, which will be used to fund the company’s acquisition of the Seda Lio resort hotel in El Nido, Palawan.The condo units, located
CIMB Bank PH disburses more loans in 1st half
CIMB BANK Philippines, Inc. (CIMB Bank PH) recorded a 19% growth in loan disbursements in the first semester amid an increase in its customers. The digital-only commercial bank’s loans stood at P31.9 billion in the first half of the year, up
PhilHealth’s dependence on the alcohol-tobacco tax, the Philippines Phillips curve
The use of the excess and idle funds of the Philippine Health Insurance Corp. or PhilHealth continue to be discussed in the country.See these five recent reports in BusinessWorld: “DoF: Tapping GOCC funds keeps inflation from new taxes in check”