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Keisha Ta-Asan
Keisha Ta-Asan
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Asialink taps new CEOs, sees robust growth
by Keisha Ta-Asan - January 5, 2025 - 12:00am
The Asialink Group of Companies has reorganized and strengthened its top management starting 2025 as its group CEO eyes further growth in its existing core businesses and expansion into new opportunities in lending...
BSP sees lower BOP surplus in 2024
by Keisha Ta-Asan - January 4, 2025 - 12:00am
The country’s 2024 balance of payments (BOP) surplus is expected to decline compared to a year ago amid slower economic growth and persistent geopolitical tensions, according to the Bangko Sentral ng Pili...
AMLC lifts asset freeze on 13 delisted as terror suspects
by Keisha Ta-Asan - January 4, 2025 - 12:00am
The Anti-Money Laundering Council (AMLC) has lifted the freeze order and other financial sanctions on the assets of 13 people delisted as terrorist entities, but maintained those for 17 others.
‘Higher SSS contributions could impact Pinoys’ disposable income’
by Keisha Ta-Asan - January 3, 2025 - 12:00am
The recent increase in Social Security System contributions has sparked concerns about its impact on household and business incomes, particularly for lower-income earners and micro, small, and medium enterprise...
DOF lauds state-run banks for strong financial standing
by Keisha Ta-Asan - January 3, 2025 - 12:00am
The Department of Finance has commended the Land Bank of the Philippines and the Development Bank of the Philippines for maintaining robust financial positions, despite their contributions to the Maharlika Investment...
2025 budget may fall short of social goals – think tank
by Keisha Ta-Asan - January 3, 2025 - 12:00am
The Philippines’ 2025 national budget may fail to deliver on critical social goals despite President Marcos’ promises of improved education, healthcare and food security, according to New York-based think...
Budget releases must comply with DBM rules
by Keisha Ta-Asan - January 3, 2025 - 12:00am
Increases in appropriations and new budgetary items introduced in the 2025 national budget will only be released once the concerned agencies comply with necessary requirements, the Department of Budget and Management...
BOC, Maya renew partnership
by Keisha Ta-Asan - January 2, 2025 - 12:00am
The Bureau of Customs has r BOC, Maya renew partnership enewed its partnership with Maya Philippines Inc. to further enhance electronic payment systems for its stakeholders.
Net external liability position widens in Q3
by Keisha Ta-Asan - January 2, 2025 - 12:00am
The country’s net external liability position stood at $74.2 billion as of end-September 2024, 33 percent higher than the $55.7 billion recorded in end-June, according to the Bangko Sentral ng Pilipinas.
IMF: Philippines faces challenges in business, demographics
by Keisha Ta-Asan - January 2, 2025 - 12:00am
The Philippines is grappling with critical gaps in its business environment, infrastructure and labor market, which threaten its potential to attract private investment and boost productivity growth, according to...
Banks’ FCDU loans rise to $15.7 billion
by Keisha Ta-Asan - January 1, 2025 - 12:00am
Foreign currency loans granted by banks inched up by 0.7 percent to $15.75 billion as of end-September 2024 from the end-June level of $15.63 billion, according to the Bangko Sentral ng Pilipinas.
BSP extends deadline on consumer redress standards
by Keisha Ta-Asan - January 1, 2025 - 12:00am
The Bangko Sentral ng Pilipinas has extended the transitory period for compliance with Circular 1195, which outlines the consumer redress mechanism standards for account-to-account electronic fund transfers.
BSP cancels registration of 6 money service firms
by Keisha Ta-Asan - January 1, 2025 - 12:00am
The Bangko Sentral ng Pilipinas has revoked the registration of a sixth money service business in 2024, underscoring its continued crackdown on non-compliance and financial misconduct in the sector.
Banking on resilience: BSP, Philippines banks prepare for 2025
by Keisha Ta-Asan - January 1, 2025 - 12:00am
As 2024 ends, the Bangko Sentral ng Pilipinas and the Philippine banking sector are poised to tackle a pivotal year ahead. With economic challenges and geopolitical uncertainties looming, optimism about the sector’s...
Asialink revamps leadership structure
by Keisha Ta-Asan - December 31, 2024 - 12:00am
The Asialink Group of Companies has unveiled a significant leadership reshuffle as it prepares to strengthen its core lending businesses and tap into new opportunities catering to small and medium enterprises in...
Non-tax revenues climb to record P607 billion in 2024
by Keisha Ta-Asan - December 31, 2024 - 12:00am
The government is on track to collect an unprecedented P606.6 billion in non-tax revenues for 2024, according to the Department of Finance.
Government borrowings drop to P65 billion in November
by Keisha Ta-Asan - December 31, 2024 - 12:00am
The government trimmed its borrowings to P65.05 billion in November as it settled more domestic debts, offsetting new obligations acquired from domestic and foreign sources, according to the Bureau of the Treas...
More ‘hot money’ enters in November
by Keisha Ta-Asan - December 30, 2024 - 12:00am
More speculative funds flowed into the Philippines, yielding a net inflow of $96.59 million in November and reversing the $529.68 million outflow seen a month ago, the Bangko Sentral ng Pilipinas (BSP) said.
Housing prices drop for 1st time in 3 years
by Keisha Ta-Asan - December 30, 2024 - 12:00am
Property prices declined for the first time in three years as prices of duplex housing and condominium units slumped in the third quarter, the Bangko Sentral ng Pilipinas (BSP) said.
BSP lifts ban on new digital banks
by Keisha Ta-Asan - December 28, 2024 - 12:00am
The Bangko Sentral ng Pilipinas (BSP) will officially lift the moratorium on new digital banking licenses starting Jan. 1, 2025, allowing up to 10 digital banks, including existing ones, to operate.
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