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A service for banking industry professionals · Thursday, January 2, 2025 · 773,658,708 Articles · 3+ Million Readers
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Philippines Banking Industry Newswire

  • Published on 14:47 GMT

    Congress urged to pass new LANDBANK, DBP charters

    THE Department of Finance (DoF) said it is pushing for Congressional approval of the new charters of state-run banks Land Bank of the Philippines (LANDBANK) and the Development Bank of the Philippines (DBP). “To further strengthen the financial standing of …

    Source: Business World - Label Pending
  • Published on 13:15 GMT

    In Mannyland: inside Manny Pacquiao's training camp for Shane Mosley bout

    Any minute now, this bus will teeter and then topple off the mountainside. The driver has been steering it since 1am, when it lurched out of the Manila chaos down south, and now in the first quiet flecks of dawn five hours later in the northern Philippines …

    Source: The National News - Label Pending
  • Published on 13:42 GMT

    Hurdles slow geothermal energy in Southeast Asia

    JAKARTA, Indonesia — Providing round-the-clock energy, using minimal space and considered a clean source of power — geothermal energy seems like an ideal option for countries like Indonesia and the Philippines, where the potential is high, and governments …

    Source: Finance and Commerce - Minnesota - Neutral
  • Published on 17:05 GMT

    ‘Higher SSS contributions could impact Pinoys’ disposable income’

    Keisha Ta-Asan - The Philippine Star January 3, 2025 | 12:00am MANILA, Philippines —  The recent increase in Social Security System (SSS) contributions has sparked concerns about its impact on household and business incomes, particularly for lower-income …

    Source: Philstar - Pro-Government
  • Published on 14:47 GMT

    Peso ends lower on Trump 2.0 jitters

    THE PESO dropped against the dollar on the first trading day of 2025 as the market stayed cautious ahead of US President-elect Donald J. Trump’s return to the White House this month and amid a lack of fresh trading drivers. The local unit closed at P57.91 …

    Source: Business World - Label Pending
  • Published on 21:13 GMT

    Volcanic activity worldwide 2 Jan 2025: Santiaguito volcano, Fuego, Karymsky, Popocatépetl, Merapi,...

    Thu, 2 Jan 2025, 21:00 21:00 PM | BY: SEVERAL CONTRIBUTORS Map of today's active volcanoes Satellite image of Sakurajima volcano on 2 Jan 2025 Satellite image of Canlaon volcano on 2 Jan 2025 Ash emissions from the Kanlaon volcano yesterday (image: …

    Source: Volcano Discovery - Neutral
  • Published on 17:05 GMT

    EastWest Bank extends partnership with Unioil

    Brix Lelis - The Philippine Star January 3, 2025 | 12:00am MANILA, Philippines —  Gotianun-led East West Banking Corp. has renewed its exclusive partnership with Unioil Petroleum Philippines Inc. to help its credit cardholders save on fuel costs. Now in …

    Source: Philstar - Pro-Government
  • Published on 14:07 GMT

    Asia in 2025: Watching an Unpredictable US

    2025: No damage yet… Photo from Vicnt Every country in Asia has some concern about what the Trump administration will bring, whether to themselves or to the world in general. The most common denominator is clearly tariffs, given Trump’s threats and the …

    Source: Asia Sentinel - Neutral
  • Published on 17:05 GMT

    LT Group starting 2025 with optimism

    Richmond Mercurio - The Philippine Star January 3, 2025 | 12:00am MANILA, Philippines — LT Group Inc. of taipan Lucio Tan is starting the year with optimism following another strong performance in 2024. LT Group president Lucio Tan III said in 2024, the …

    Source: Philstar - Pro-Government
  • Published on 20:15 GMT

    Palay production to rebound in 2025

    By Adrian H. Halili, Reporter LOCAL RICE PRODUCTION is expected to rebound in 2025, an analyst said, citing low base effects. “It will likely be an increase since we are starting with a low base in 2024, where palay production had shrunk a million metric …

    Source: Business World - Label Pending
  • Published on 17:06 GMT

    LandBank, DBP on 'solid financial footing' – Finance chief

    THE country's two largest state-run banks — Land Bank of the Philippines (LandBank) and Development Bank of the Philippines (DBP) — remain financially sound, a Cabinet official said, amid concerns raised by the International Monetary Fund (IMF) over …

    Source: The Manila Times - Uncategorized
  • Published on 18:14 GMT

    Higher interest rates, weak rupee drive NRI deposits to 10-year high

    Interest rate differentials between India and global markets are helping India’s external account with non-resident deposits in scheduled commercial banks hitting a 10-year high in October 2024. The Reserve Bank of India (RBI) data shows that NRI deposits …

    Source: The Hindu Business Line - Neutral
  • Published on 20:09 GMT

    Xi Jinping’s Terrible, Horrible, No Good Year

    2024 was disastrous for Chinese President Xi Jinping. For all of his rhetoric about “the great rejuvenation of the Chinese nation,” his regime faced staggering setbacks. Military purges intended to root out corruption instead revealed systemic turmoil that …

    Source: Foreign Policy - Label Pending
  • Published on 05:44 GMT

    The Best Documentaries of 2024, Ranked

    Documentary films continued to triumph in 2024, making up some of the most entertaining, mind-opening, and emotional movies of the year, just as they did in 2024. The documentary medium featured a staggeringly diverse range of perspectives, subjects, and …

    Source: Movie Web - Neutral
  • Published on 03:09 GMT

    PH stock market set to rebound this year after 2024 slump

    File photo MANILA, Philippines — The stock market’s poor performance in 2024 creates more growth opportunities this year, with the Philippine Stock Exchange Index (PSEi) expected to reach around 7,600. First Metro Securities and Singapore’s DBS Bank stated …

    Source: Cebu Daily News - Neutral
  • Published on Jan 1, 2025

    1st round of PH-Chile FTA talks set for March

    MANILA, Philippines — The first round of negotiations for a free trade agreement (FTA) between the Philippines and Chile has been set for March. “We intend to finalize scoping by January, then we will start negotiations in March,” Trade Undersecretary …

    Source: Inquirer - Business - Neutral
  • Published on Jan 1, 2025

    Vietnam prepares ground for stronger capital markets to foster higher economic growth

    [HO CHI MINH CITY] The year 2024 saw Vietnam take some big steps in its development of more diverse and healthy capital markets, with the government hopeful that these will help the country’s economic growth to reach new highs in the coming years. In …

    Source: The Business Times Singapore - Neutral
  • Published on Jan 1, 2025

    PHL capital markets need ‘bolder reforms’

    By Revin Mikhael D. Ochave, Reporter REGULATORS should undertake “bolder reforms” to ensure that Philippine capital markets can attract more investments and boost trading activity, analysts said. The Philippine stock market remains “relatively small” …

    Source: Business World - Label Pending
  • Published on Jan 1, 2025

    Digital loans to grow as demand for online financial services soars

    DIGITAL LENDING is expected to grow further in the next three to five years, with demand to be driven by the increasing number of tech-savvy individuals in the Philippines and small borrowers in need of funding, financial technology company AND Global Pte. …

    Source: Business World - Label Pending

04 days 04:47:07

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