Business

DBP opens branch-lite unit at Bataan provincial government center

State-owned Development Bank of the Philippines (DBP) recently inaugurated its 13th branch-lite unit (BLU) located at The Bunker – the government center of Bataan Province. The opening of the bank’s newest BLU in...

BSP’s Cash Service Alliance wins another international award

The Cash Service Alliance (CSA) of the Bangko Sentral ng Pilipinas (BSP) won the "Currency Initiative" award for 2022 from the Central Banking publication.

LPG joins price hike

Prices of liquefied petroleum gas (LPG) increased today (April 1) following the Russia-Ukraine conflict, the LPG Refillers Association said. Along with the recent oil price hike, companies affected by the international tension...

DTI still reviewing SRP as oil prices keep rising

The Department of Trade and Industry (DTI) is still studying whether or not to release adjusted suggested retail prices (SRP) of basic goods and commodities amid the successive fuel price hikes. In...

PH gives highest perks for new tech investments

The Philippine government, through the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law, is giving generous fiscal incentives for investments in new technologies.

SEC sets cap on interest rates, fees by lending firms

The Securities and Exchange Commission (SEC) and Bangko Sentral ng Pilipinas have set a cap on the interest rates and other fees charged by lending and financial companies, together with their...
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