The BCDA, a controlled cooperation under the Office of the President, allegedly helped MTD Capital Berhad secure a loan worth P9.5 billion from government-owned Development Bank of the Philippines to …
ING next foreign bank to exit retail banking in the Philippines
Dutch financial services group ING Bank is exiting the retail banking market in the Philippines just shortly after US banking giant Citi did the same and sold its Citibank retail business to Union …
Duterte slams ICC prosecutor’s plan to reopen Philippines drug war probe
Philippine President Rodrigo Duterte’s office said on Saturday it was “exasperated” with International Criminal Court Prosecutor Karim Khan and his plan to resume an investigation into killings during …
Another foreign bank exits retail banking in Philippines
Dutch financial giant ING Bank is exiting the retail banking market in the Philippines, the second foreign bank to leave the country’s consumer banking segment after global banking giant Citi sold its …
Another foreign bank exits retail banking in Philippines
Dutch financial giant ING Bank is exiting the retail banking market in the Philippines, the second foreign bank to leave the country’s consumer banking segment after global banking giant Citi sold its …
Doing Business in the Philippines: A Focus on Employment Law With SyCipLaw.
How do you foresee the future of work in the Philippines for remote hiring of workers? (SyCip Salazar Hernandez & Gatmaitan (SyCipLaw)): We believe more businesses will continue to implement or adopt …
Indonesia’s and the Philippines’ interest rates should rise sooner rather than later, says HSBC
Frederic Neumann of the bank says that’s because neither economy can shield itself from inflationary pressures.
Philippine budget deficit second worst in ASEAN
The Philippines had the second worst budget deficit among six Southeast Asian nations in 2021 after government spending ballooned to a record high due to infrastructure and pandemic needs. The …
Philippine budget deficit second worst in ASEAN
The Philippines had the second worst budget deficit among six Southeast Asian nations in 2021 after government spending ballooned to a record high due to infrastructure and pandemic needs. The …
Philippines withdraws from global extractive industries initiative on ‘biased’ validation
The Philippines has backed out from the Extractive Industries Transparency Initiative (EITI) due to “questionable” metrics and procedures, the Department of Finance (DOF) said Wednesday.