Press Release

Bank lending declines at a slower rate of 0.7%, year-on-year, in July

Preliminary data show that outstanding loans of universal and commercial banks (U/KBs), net of reverse repurchase (RRP) placements with the BSP, declined by 0.7 percent year-on-year in July after falling by 2.0 percent in June. On a month-on-month seasonally-adjusted basis, outstanding universal and commercial bank loans, net of RRPs, rose by 0.5 percent.

DOF launching better online reporting of GOCC debts, liabilities

The Department of Finance (DOF) is set to launch an online tool that aims to streamline the reporting of data pertaining to the debts and other liabilities of government-owned and -controlled corporations (GOCCs).

LRMC, UBE Express, Inc. partner for new LRT-1 EDSA to NAIA Terminal route

Private operator of LRT-1 Light Rail Manila Corporation (LRMC) has partnered with UBE Express, Inc. (UBEx) to provide a safe, reliable, and convenient journey for commuters. In a virtual meeting, LRMC and...

DOLE helps 250 distressed OFWs find their way home

Labor Secretary Silvestre Bello said yesterday 250 distressed overseas Filipino workers (OFWs) from Kuwait will arrive in the country Wednesday after the government responded to the migrant workers’ urgent request for...

Eastern Samar cops help former reb get medical aid

Philippine National Police (PNP) Chief Police Gen.Guillermo Eleazar lauded the sincere gesture of police officers in Eastern Samar in assisting a former rebel in need of immediate medical attention.

Bong Go declines PDP-Laban endorsement to be presidential candidate

Sen. Christopher "Bong" Go officially declined the endorsement of the National Executive Committee of the ruling party Partido Demokratiko Pilipino Laban ng Bayan (PDP-Laban) for him to be nominated as the...

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