Lee C. Chipongian
Maya Bank, WeFund arrange P2.75-B community loan
May 20, 2024 7:22 am
PLDT Group’s Maya Bank and WeFund Lending Corp. has set up a P2.75 billion loan package for underserved communities.
BSP sets rules on filing of cases vs erring personnel
May 20, 2024 6:49 am
The Bangko Sentral ng Pilipinas (BSP) wants its supervised financial institutions to set down the policy on the filing of legal cases against erring personnel to curb the incidence of misbehaving directors, officers and employees.
Landbank approves P2.68-B OFW loans
May 20, 2024 6:21 am
Government-owned Land Bank of the Philippines (Landbank) as of end-March this year has approved a total P2.68 billion worth of loans for Overseas Filipinos, formerly known as Overseas Filipino Workers (OFWs).
BSP not intervening much in peso-US dollar rate
May 17, 2024 9:33 am
The Bangko Sentral ng Pilipinas (BSP) has not been intervening or influencing the exchange rate market recently and they do not expect to do so as they turn less hawkish and even after signaling that they will cut the policy rate ahead of the US Federal Reserve, according to its highest-ranking official.
Budget hotel expands presence in PH on strong demand
May 17, 2024 9:26 am
Red Planet Hotel, a Japanese-owned budget hotel chain, is expanding its current 14 hotels in the Philippines on strong demand for this kind of no-frills accommodation, but tourist-friendly accommodation facilities that are centrally located in major business districts at affordable rates.