Credit growth picked up slightly in March after slowing down for three straight months as the aggressive rate hikes delivered by the Bangko Sentral ng Pilipinas (BSP) eat into bank lending.
Posts shared in the Philippines falsely claim ‘diabetes drug metformin is deadly’
Diabetes specialists say the drug metformin has decades of safety and efficacy data, contrary to posts shared repeatedly in the Philippines that falsely claimed it causes “early death” for patients …
Former Montgomery County teacher who traveled to Philippines for sex with minors sentenced to 35 years
Craig Levin, 67, kept detailed notes on dozens of minors, ranging in age from 12 to 17, rating them numerically on characteristics including age, personality, and their sexual performance.
Banks in better position to support economic recovery: Philippines
The central bank highlighted in the Philippine Financial System for the Second Semester of 2022 report that the country’s financial system sustained positive performance …
Eton Properties Philippines, Inc. issues Notice of Annual Stockholders’ Meeting
Globe Telecom Inc. has signed a sale and leaseback agreement with Unity Digital Infrastructure Inc. for the sale of P5.4-billion worth of telecommunications towers.
Healthcare BPO Philippines: Revolutionizing the industry
The ascent of the Philippines as a powerhouse in healthcare business process outsourcing (BPO) has captivated the world.
Philippines’ Universal Robina net income flattens in Q1
Read more: Philippines’ F&B firm Universal Robina posts 12% net income growth Over the same period, sales were up by 11%YoY to P39.8b, sustaining its growth moment from 2022. Moreover, URC’s financial …
Rappler Talk: Philippines-US ties on the ‘upside’ under Marcos
MANILA, Philippines – Over a series of meetings, including one with US President Joe Biden, President Ferdinand Marcos Jr. has seemingly done what seemed unthinkable during the six years of his …
EDCA sites not a boon but a bane to the Philippines
Only some 400km away from Taiwan, the Cagayan EDCA sites, a naval base and an airport, make ideal staging platforms for US fighter jets and missiles. To sooth fears of the locals, politicians claim …
German business sentiment towards PHL improves
GERMAN businesses operating in the Philippines expressed confidence in their prospects over the next 12 months, according to a survey conducted by the German-Philippine Chamber of Commerce and …