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Lenders’ nonperforming loan ratio hits 11-month high - BusinessWorld Online
BusinessWorld· 5 days agoTHE PHILIPPINE banking industry’s nonperforming loan (NPL) ratio in April rose to the highest in 11 months, as soured loans increased due to elevated interest rates. Preliminary data from the ...
Philippines Rate Cut Likely After Fed, Finance Chief Says
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- The Philippine central bank will “most probably” lower its key interest rate after...
That challenge of external debt sustainability again - BusinessWorld Online
BusinessWorld· 22 hours agoKeeping our external payments position stable is one of the key factors that the last week’s Fitch credit rating report identified as a strong point, a good pillar of sustainable economic growth ...
PHL shares may move sideways after US jobs data - BusinessWorld Online
BusinessWorld· 5 days agoPHILIPPINE SHARES could trade sideways during this shortened trading week as investors could hunt...
Philippine central bank revises 2024 current account deficit projection - BusinessWorld Online
BusinessWorld· 8 hours agoThe Philippine central bank said on Friday it expects the current account deficit to be smaller than...
Second Philippine Central Bank Official Offers to Quit, Star Reports
Bloomberg· 7 days agoA second member of the Philippine central bank’s policy-setting Monetary Board offered to resign...
Rate cut probably after Fed — Recto - BusinessWorld Online
BusinessWorld· 21 hours agoTHE BANGKO SENTRAL ng Pilipinas (BSP) will probably cut its policy rate after the US Federal Reserve...
PHL banks fall short of lending quota for small, medium businesses - BusinessWorld Online
BusinessWorld· 21 hours agoPHILIPPINE BANKS failed to meet the mandated quota for small business loans in the first quarter,...
Dollar reserves rise to over 2-year high - BusinessWorld Online
BusinessWorld· 5 days agoTHE PHILIPPINES saw its dollar reserves soar to its highest level in over two years, preliminary...
IMF cuts Philippine growth outlook - BusinessWorld Online
BusinessWorld· 4 days agoTHE INTERNATIONAL Monetary Fund (IMF) trimmed the Philippines’ growth outlook for this year, after a...