Manila Bulletin - Business

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Business

Manila Bulletin

Philippine bank fees way too high compared to neighbors—IMF
The International Monetary Fund (IMF) warned that the Philippines’ fragmented financial infrastructure has left consumers facing retail transaction fees that outpace its regional peers, highlighting the urgency of local digital currency initiatives. Disparities in the country stem from the...
Manila Bulletin

Moody's: First Pacific, PAL confront rising offshore debt risks
Philippine conglomerates operating in critical sectors like real estate, power, energy, and telecommunications are facing heightened financial strain from the strengthening United States (US) dollar, which threatens to inflate the cost of their foreign-denominated debt. The brewing corporate...
Manila Bulletin

Bank lending surges to 9-month high as business demand rebounds
Manila Bulletin

DBM signals possible cuts in subsidies, confidential funds amid tight fiscal space
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