Money
Economist sees peso gaining more strength vs dollar
The peso is expected to appreciate further against the US dollar in the coming days amid the seasonal surge in...
Diokno defends 12% VAT on digital transaction
Finance Secretary Benjamin Diokno said Friday the imposition of 12-percent value-added tax on digital transactions is a right move that...
AUB teams up with Alipay+ for cross-border payments
Asia United Bank teamed up with Alipay+ to enable its HelloMoney for cross-border payments and to provide a seamless payment...
Remittances to low-income countries ease
Washington—Cash transfers to low- and middle-income countries eased this year, with rising prices taking a toll on migrants’ incomes, the...
Gov’t financial institutions back sovereign wealth fund
The national government and state-owned banks and financial institutions will raise more than P200 billion to fund the proposed Maharlika...
Bank loans grew 13.9% in October despite rate hikes
Bank loans grew 13.9 percent year-on-year in October, faster than September’s 13.4-percent expansion, on sustained demand for credit despite the...
IMF advises Bangko Sentral to further raise interest rate
The Bangko Sentral ng Pilipinas should respond with a tighter policy stance if inflation continues to accelerate in the coming...
Bills Pay PH launched to digitalize retail sector
The Bangko Sentral ng Pilipinas and the Philippine Payments Management Inc. launched on Tuesday the Bills Pay PH in line...
BSP issues circular to protect financial consumers
The Bangko Sentral ng Pilipinas issued a circular on Monday to implement Republic Act No. 11765 or the Financial Products...
.jpg){kind=small}
Metrobank gets award for strong 2022 balance sheet
Metropolitan Bank & Trust Co., the second-largest lender in terms of assets, remains strong despite the global headwinds such as...
Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.