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 ...
THE NEW NAIA Infra Corp. (NNIC) announced plans to post its monthly performance report to enhance transparency. The report will contain detailed operational metrics and “clearly attribute the root ...
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 ...
MOVEM Electric, Inc., the sustainable mobility arm of Manila Electric Co. (Meralco), has partnered with Polish infrastructure provider ChargeEuropa to deploy electric vehicle (EV) charging stations.
PHILIPPINE USERS had the second highest share of downloads of Chinese mobile applications globally this year, according to a joint study by measurement and analytics company Adjust and Sensor Tower.
PHILIPPINE BANK of Communications (PBCom) saw its net income jump by 128.96% year on year in the third quarter on the back of higher revenues. The bank’s net income stood at P821.2 million in the ...
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 ...
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 PHILIPPINES was among countries with the highest levels of mathematics anxiety among 15-year-old students, according to an international learning assessment by the Organisation for Economic ...