Bank Lending Growth Picks Up to 12.1 Percent in May, BSP Says
Bank lending grew at a faster pace in May as demand for credit from businesses and households remained steady, the Bangko Sentral…
Category Business & Finance
DOTr Agencies Remit P15.29 Billion to National Treasury
Agencies attached to the Department of Transportation (DOTr) have remitted P15.29 billion in dividends to the national government, providing additional support for…
Kerosene, LPG Excise Taxes Reinstated As Dubai Crude Falls Below $80
The government has reinstated excise taxes on kerosene and liquefied petroleum gas after Dubai crude prices fell below the $80-per-barrel threshold, ending…
PAL Raises $300M in Debut Global Bond Sale to Fund Fleet Modernization
Philippine Airlines has raised $300 million from its first international bond offering, marking a major step in the flag carrier’s efforts to…
AWS Plans US$5B Philippine Investment to Expand Digital Infrastructure
Amazon Web Services is eyeing a US$5-billion investment in the Philippines over the next 15 years to strengthen the country’s digital infrastructure…