THE WORLD BANK on Wednesday said it has approved $750 million in financing that will help the Philippines accelerate digital transformation efforts and strengthen its digital economy. “Digitalization ...

THE PHILIPPINE banking system’s gross nonperforming loan (NPL) ratio eased in September, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed. The banking industry’s gross NPL ratio ...

THE Department of Finance said the government is set to launch “GBonds” on electronic wallet platform GCash in December, as it seeks to make investing more accessible. “For we envision a future where ...

CONGLOMERATE JG Summit Holdings, Inc. saw a 39% drop in third-quarter net income to P3.1 billion, but its president remains optimistic about ending the year on a “good footing.” “We expect a better ...

IT’S ABOUT the time of year again when job applicants line up for openings, for elective positions. Often, the very lack of qualification (I’ve never held any public office) is touted as an advantage ...

YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits went down on Wednesday after the US Federal Reserve delivered another rate cut last week. The BSP’s term deposit facility (TDF) attracted ...

SAMSUNG ELECTRONICS on Wednesday launched in the Philippines its latest entry-level Galaxy smartphones, the Galaxy A16 5G and LTE. “These new, affordable smartphones bring stunning improvements to the ...