The Department of Finance (DOF) will draw this week US$80 million (about P4 billion) of the World Bank (WB)’s US$500-million standby credit line extended to the Philippines to support the national...
MANILA – Profit-taking ahead of the holidays resulted in another decline in the Philippines’ main equities index on Wednesday (Dec. 22) and the peso followed after slipping to the 50-level against the US dollar.
The Department of Trade and Industry (DTI) said in the Laging Handa briefing on Friday (Dec.17) that there is a possibility to implement price freeze in all basic needs and necessities in areas affected by Typhoon Odette once their local government units (LGUs) declare a state of emergency.
MANILA, PHILIPPINES - The Asian Development Bank (ADB) has approved a $250 million loan to help the Philippine government secure additional coronavirus disease (COVID-19) vaccine supply to boost the health security of Filipinos and ensure a safe and steady economic recovery.
The Bankers Association of the Philippines (BAP) called on the public to protect themselves from online banking fraud amid reports of an online banking scam affecting several Banco de Oro (BDO) bank account holders in a statement released on Sunday, Dec. 12.
