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Consumer

P20/kilo rice available in KADIWA centers on May 2

High quality rice at  will be available in Kadiwa centers on Friday, May 2, 2025, Agriculture Secretary Francisco P. Tiu Laurel Jr. announced Monday,...

British Ambassador: Services firms, not manufacturing, eyeing Philippines

The high cost of power and the lack of a robust manufacturing base in the Philippines pose significant challenges that may prevent the country...

BSP oversees CIMB’s resolution of unauthorized fund transfers

The Bangko Sentral ng Pilipinas (BSP) is actively collaborating with CIMB Bank Philippines to address unauthorized fund transfers that impacted a number of CIMB...

DA orders NFA to move rice stocks to Visayas to prepare for P20/kilo rice program

Agriculture Secretary Francisco P. Tiu Laurel Jr. has instructed the National Food Authority (NFA) to begin repositioning rice stocks to the Visayas in preparation...

PDIC enhances loan incentive program, extends benefits to more borrowers

The Philippine Deposit Insurance Corporation (PDIC) has significantly enhanced and extended its Closed Bank Loan Incentive Program (CLIP) into 2025, now dubbed CLIP 3.0,...

BSP approves $6.29 billion in public sector foreign borrowings in Q1

The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has approved US$6.29 billion in proposed foreign borrowings by the public sector during the...

Franchising fuels economic growth, drive MSME expansion, job creation – DTI chief

Trade and Industry Secretary Cristina A. Roque spotlighted the Philippine franchising sector’s strong potential to drive national economic growth by accelerating MSME expansion and...

Senior Bank Loan Officers’ Survey: credit standards largely unchanged, but loan demand rising

The Q1 2025 Senior Bank Loan Officers’ Survey (SLOS) revealed that most banks kept their credit standards for both business and consumer loans steady,...

BDO posts 6.5% increase in net income to P19.7 billion in Q1 2025

BDO Unibank (BDO) announced a robust net income of ₱19.7 billion for the first quarter of 2025, marking a 6.5% increase compared to the...

TESDA workers gain access to social security benefits through new partnership with SSS

In a significant move to enhance the social security coverage for its workforce, the Technical Education and Skills Development Authority (TESDA) has partnered with...

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