The assets under management (AUM) of trust entities in the Philippines posted a year-on-year growth of 41.3 percent in March 2021, bringing industry AUM to Php 4.6 trillion. The growth was...
The Development Bank of the Philippines (DBP) signed a memorandum of agreement (MOA) with the Department of Agriculture (DA) to facilitate the disbursement of financial assistance to the agriculture sector.
DBP President...
"We are pleased to report that the Philippine economy strongly recovered in the second quarter of 2021. The robust performance is driven by more than just base effects. It is the result of a better balance between addressing COVID-19 and the need to restore jobs and incomes of the people."
We are delighted by the 11.8% expansion of our GDP for the second quarter of 2021. This is a good indicator of the strategic balance and management being employed by the...
The Fiscal Incentives Review Board (FIRB) has approved the grant of tax incentives for a mass housing project and two cement manufacturing plants all located outside Metro Manila and worth P29.4...
Moody’s Investors Service is upbeat about the Philippines’ recovery prospects from the COVID-19 crisis, expecting the economy to outperform most of the sovereigns it rates in terms of average growth up...
