In deference to the incoming Marcos administration, the Philippine government itself cancelled the Chinese funding application for close to P300-billion big ticket railway projects promised during Duterte's time. Department of Transportation (DOTr) Undersecretary for Rails Cesar Chavez issued the...
Cebuana Lhuillier goes on an aggressive expansion nationwide in order to bring more convenient and accessible micro financial services to Filipinos Ongoing branch expansion nationwide Cebuana Lhuillier, the country’s leading micro financial services provider, continues its expansion streak...
Rizal Commercial Banking Corp. (RCBC) is offering special rates and exclusive discounts on auto and home loans for a month, starting May 23 until June 24, 2022. To kickstart this month-long offering, select RCBC branches will hold car displays and developer booths and will give away special gifts,...
BR-V promos extended The fun never stops as Honda Cars Philippines, Inc. (HCPI) continues to offer a range of exciting promos for its customers. Score some exclusive treats and offers when you buy a brand-new Honda BR-V and enjoy other awesome deals on select models through this month’s ‘Power...
In the Philippines, many adult Filipinos still find it difficult to apply for loans. However, the heavy demand for digital transactions and experiences, accelerated by the Covid-19 pandemic, brought opportunities that led to revolutionizing lending to unbanked Filipinos towards a more...
Debt payments by the national government declined significantly in the first-quarter due to lower amortization, data from the Bureau of the Treasury showed. The national government's debt servicing reached P313.65 billion in January to March, or 40 percent lower than the P521.51 billion paid out in...
Security Bank announced that it will no longer extend financing to coal-fired power facilities in its bid to align its project funding strategy to the goals of the Paris Agreement and the climate change diplomacy based of the 26th Conference of the Parties (COP26) on abating climate change risks....
Cebuana Lhuillier President and CEO, Jean Henri Lhuillier, receives the 2021 Service Champion Award trophy, conferred by the Customer Service Institute of America Cebuana Lhuillier, one of the leading micro-financial service providers in the Philippines, received the 2021 Service Champion Award...
Asia-Pacific nations should forge stronger partnerships to address the impact of changing climate by making climate financing available and accessible to developing countries that bear the brunt of global warming, the Philippines’ top climate official said. Climate Change Commission Secretary...
This summer just keeps getting hotter as the country’s pioneer compact car distributor, Suzuki Philippines Inc. (SPH), announces the extension of its Triple Deal Promo. Low down payment offers and cash discounts for the XL7, Dzire and all Carry variants will be made available across the 72 Suzuki...
The Anti-Money Laundering Council (AMLC) has recognized the Philippine Amusement and Gaming Corp. (PAGCOR) for its contribution in fighting money laundering and financing of terrorism. In a statement, the government’s gaming regulator and operator said it received commendation from AMLC for its...
61908 State-owned Development Bank of the Philippines (DBP) signed a memorandum of agreement with the Social Housing Finance Corporation (SHFC) to fund socialized housing projects. The DBP Credit Facility for SHFC Contractors and Developers will provide short-term loans to SHFC-accredited...
