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Police arrested two men for unauthorized possession of firearms and ammunition along Mercedes Avenue in Barangay San Miguel, Pasig City at around 1:40 a.m. on Saturday, Feb. 12. Pasig City Police Station (CPS) Chief-of-police Col. Roman C. Arugay, identified the suspects as Ronnie Allam, 39, a...

The Bangko Sentral ng Pilipinas (BSP) is conducting its first Consumer Payments Survey (CPS) this quarter in aid of enhancing rules on digital payments to increase its use by as much as 50 percent of all retail payments in three years. In a statement, the BSP said the results of the survey will...

The World Bank has approved a loan to the Philippines to improve its customs administration, reduce transaction costs as well as enhance predictability and transparency of the clearance process at the country’s borders. In a statement, the Washington-based financial institution said it...