Derco Rosal
Asialink secures $130 million from IFC to support women-led businesses
January 21, 2025 10:19 pm
Homegrown non-bank lender Asialink Finance Corp. (AFC) has secured a $130 million (around P7.605 billion) financing deal with the International Finance Corporation (IFC), a World Bank Group member, aimed at improving its working capital and support for small businesses, especially those owned by women.
Laguna lakeshore project to receive $905 million from Korean lender
January 21, 2025 10:08 pm
Locals of Laguna could enjoy additional protection from floods as the Philippines has already secured financing totaling $905.26 million (about P50.67 billion) from a Korean bank.
Pangandaman approves P30 billion for military, uniformed personnel pensions
January 21, 2025 6:24 am
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has approved the release of P30.409 billion to cover the regular pension requirements of military and uniformed personnel (MUP) for the first quarter of 2025.
Chief economic manager says Philippines' crypto market poised for further growth
January 21, 2025 1:21 am
Young Filipinos are investing in cryptocurrencies at a level comparable to the government's national budget, and this trend is likely to grow further with potentially supportive Trump policies.
DBM defends Marcos Jr., denies ghost items in 2025 national budget
January 20, 2025 7:20 am
The Department of Budget and Management (DBM) has issued a statement firmly denying allegations that the president signed blank pages in the 2025 national budget.