Manila: The average rate of the Bangko Sentral ng Pilipinas’ (BSP) seven-day term deposit facility (TDF) declined on Wednesday, reflecting a scenario where the bids exceeded the offered amount.
According to Philippines News Agency, central bank data…
Manila: The Department of Trade and Industry (DTI) strengthened support for micro, small and medium enterprises (MSMEs) as 11 more logistics and related firms joined its Supply Chain and Logistics Center (SCLC) Network. Speaking during the ceremonial …
Manila: East West Banking Corporation (EastWest Bank) projects low- to mid-teen growth in assets and loans in 2026, citing strong performance last year.
According to Philippines News Agency, the bank has yet to release its full-year 2025 results, bu…
Manila: Agriculture Secretary Francisco Tiu Laurel Jr. on Thursday emphasized the necessity of enforcing tighter measures to maintain stable food prices in the Philippines. This announcement comes as the nation experiences a sharp easing in food infla…
Manila: The Philippine Stock Exchange index (PSEi) reversed course and closed lower on Wednesday, alongside the peso, partly due to concerns about overseas geopolitical developments. The PSEi fell 0.45 percent to 6,372.95, while the broader All Shares…