Central bank likely to continue easing despite inflation uptick, say analysts
Inflation picked up to 2.5% in November, from 2.3% in October, as food prices rose. — PHILIPPINE STAR/EDD GUMBANTHE BANGKO SENTRAL ng Pilipinas (BSP) will likely continue its rate-cutting cycle despite the slight uptick in November inflation, analysts said.However, risks
Big banks post double-digit growth in loans, assets in Q3
A woman withdraws money at the Automated Teller Machine (ATM) of the Banco de Oro (BDO) Unibank, Inc. building in Makati City, Metro Manila, Philippines, June 23, 2016. — REUTERSTHE COMBINED ASSETS and loans of the Philippines’ biggest banks rose
Jonathan Esmerio takes reins of Loxon group of companies
The Loxon Group of Companies would like to announce that Jonathan A. Esmerio has been elected by the Board of Directors as its new President and Chief Operating Officer. He also steps up as President of Loxon Wandset, Inc. (LWI),
First Gen eyes 50-MW solar facility in Batangas
FIRST GEN CORP. has a total of 3,668 megawatts of installed capacity coming from its portfolio of plants that run on geothermal, wind, hydro, solar energy, and natural gas. — FIRSTGEN.COM.PHBy Sheldeen Joy Talavera, ReporterLOPEZ-LED First Gen Corp. plans to
AI in Philippine banking: Embracing innovation amid challenges
FREEPIKBy Abigail Marie P. Yraola, Deputy Research HeadAS THE COUNTRY embraces the digital revolution, the use of artificial intelligence (AI) in its banking operations shows significant advancements for the country.AI, particularly generative AI (GenAI), redefines the operational and strategic landscapes