IMF bullish on PHL banking sector
THE PHILIPPINE BANKING sector remains strong, the International Monetary Fund (IMF) said, but noted potential risks that need monitoring such as quickening loan growth and vulnerabilities in the real estate sector. “Our view is that the Philippine banking sector is strong.
NAIA operator to start collecting curbside fees
By Ashley Erika O. Jose, Reporter THE SAN MIGUEL-LED operator of the country’s main gateway expects to start collecting fees this year from vehicles in drop-off or pickup zones beyond the time limit. “Curbside fees are normal. Other airports have them. There’s
InstaPay, PESONet transactions rise to P10.9 trillion
THE VALUE of transactions done through InstaPay and PESONet rose to P10.9 trillion in the first eight months of 2024, data from the Bangko Sentral ng Pilipinas (BSP) showed.Central bank data showed that transactions coursed through the two automated clearing
Managing dark clouds in the Philippines
FREEPIKOne key assumption of the Philippine Government’s growth and inflation targets for this year and the next is a relatively manageable global economy. Growth targets of 6-7% in 2024 and 6.5-7.5% for 2025, as well as the inflation target of
Cignal TV to air Chinese by Blood, Filipino by Heart
CIGNAL TV, Inc. has partnered with CHiNOY TV to air a lifestyle magazine show featuring Chinese-Filipino celebrities, businessmen, and public figures.CHiNOY TV’s30-minute program, Chinese by Blood, Filipino by Heart, celebrates both Filipino and Chinese cultures, and the success stories of