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26.9 C
Philippines
Wednesday, March 26, 2025
26.9 C
Philippines
Wednesday, March 26, 2025

Manila Standard Business

BSP now forecasts BOP deficit amid global economic uncertainty

​The Bangko Sentral ng Pilipinas (BSP) on Tuesday lowered its balance of payments (BOP) forecasts for 2025 and 2026, citing slower global trade and...

DOJ allows filing of P5.7-b case vs. illicit cigarette traders

The Bureau of Internal Revenue (BIR) said Tuesday the Department of Justice (DOJ) ruled in its favor in a P5.7 billion tax evasion case...

Citicore Energy REIT announces Q4 dividend of P0.055 per share

Citicore Energy REIT Corp. (CREIT) said Tuesday it will pay a fourth-quarter dividend of P0.055 per share, up from P0.054 a year earlier. The dividend,...

Child wasting in PH remains widespread despite 5.7 percent drop—PIDS study

Child wasting, a form of acute malnutrition characterized by low weight-for-height, fell in the Philippines from 8 percent in 2013 to 5.7 percent in...

Wholesun Energy, Wyn Power to develop 50-MW solar project

Taiwan’s Giga Solar Materials Corp., one of the world’s top three suppliers of solar conductive pastes, said its renewable energy development subsidiary Whole Sun...

PDIC shifts to email for notices, communication with banks

State-run Philippine Deposit Insurance Corp. (PDIC) will require banks to receive official correspondence electronically from April 1, 2025, according to Memorandum No. 2025-02. The PDIC...

Tonik, Robinsons team up for financing

Credit-led digital bank Tonik teamed up with Robinsons Appliances, one of the country’s top three market leaders in consumer durables retail, to expand its...

BPI AIA launches digital insurance plan

BPI AIA, the strategic alliance between Bank of the Philippine Islands (BPI) and AIA Philippines, launched InstaProtect, a digital insurance plan offering affordable financial...

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