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Philippines
Monday, October 14, 2024

Darwin G. Amojelar

PH banks maintain positive outlook for next two years

The banking industry maintains a positive outlook for the next two years, despite the macroeconomic headwinds faced in 2023, according to the Bangko Sentral...

GCash, Xendit sign remittance partnership

GCash, the Philippines’ leading finance super app and largest cashless ecosystem, formed a strategic partnership with Xendit, a leading payment gateway in the Asia...

PPA, DOE team up to build ports for offshore wind projects

State-run Philippine Ports Authority (PPA) is developing ports for offshore wind energy projects across the country in collaboration with the Department of Energy (DOE). The...

ADB maintaining 2024, 2025 PH growth forecasts

The Asian Development Bank (ADB) maintained its growth forecast for the Philippines, citing lower inflation, monetary easing and sustained public spending on infrastructure. The ADB,...

Gov’t revenue jumped 24% in August, reduced deficit by 59%

Revenue collection jumped by more than 24 percent in August 2024 from a year ago, cutting the budget deficit by 59 percent during the...

BSP sells gold to take profit from high prices

The Bangko Sentral ng Pilipinas (BSP) said Wednesday it sold gold in the first half of 2024 as part of its active management strategy...

PLDT, Smart block 400,000 sexual sites

PLDT Inc. and its wireless unit Smart Communications Inc. said Tuesday they blocked access to more than 400,000 URLs that host child sexual abuse...

VICT handled 5m TEUs since opening in 2017

Victoria International Container Terminal (VICT), a fully-automated facility operated by International Container Terminal Services Inc. (ICTSI) at the Port of Melbourne, Australia, handled five...

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