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Archives

BSP probes involvement of PH banks in alleged fraud

  MANILA – The Bangko Sentral ng Pilipinas (BSP) is now looking into reports of the alleged involvement of two major …

PH banking system still strong amid challenges: Diokno

MANILA – The country’s banking sector remains robust despite the challenges posed by recent news about the alleged anomalies in a …

Filipinos urged to increase investments in gov’t securities

MANILA – Finance Secretary Carlos Dominguez III has urged Filipinos to continue investing in government securities not only to benefit …

BIR to online biz: register to become legitimate entity

MANILA – Registering with the Bureau of Internal Revenue (BIR) will ensure that businesses are operating legally, BIR Deputy Commissioner …

BDO increases provisioning due to pandemic, posts lower Q1 income

MANILA – The Sy-led BDO Unibank has increased its provisioning for this year in anticipation of higher credit costs vis-à-vis the …

Small businesses urged to register with BIR

MANILA – Small business owners are encouraged to register with the Bureau of Internal Revenue (BIR) not because the government …

DOF warns public vs. cryptocurrency

MANILA – The Department of Finance (DOF) has warned the public against believing information saying that DOF Secretary Carlos Dominguez …

Record-high unemployment rate grossly exaggerated: Diokno

MANILA – The Philippines’ 17.7 percent record-high unemployment rate last April does not reflect the true picture of the economy and the …

PH inflation rate slows further to 2.1% in May

MANILA – Rate of price increases further decelerated to 2.1 percent last May from April’s 2.2 percent primarily due to the …

Landbank OKs P250-M loan for ‘study now, pay later’ program

MANILA – The Land Bank of the Philippines (Landbank) has approved a PHP250-million loan for an educational institution under its Access …

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