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Keisha Ta-Asan
Keisha Ta-Asan
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Chinabank, Manulife renew 15-year partnership
by Keisha Ta-Asan - March 7, 2025 - 12:00am
China Banking Corp. (Chinabank) and Manulife Philippines have reaffirmed their long-standing partnership with the renewal of their joint venture under Manulife China Bank Life Assurance Corp.
BSP carefully weighs moves as inflation cools in February
by Keisha Ta-Asan - March 7, 2025 - 12:00am
As headline inflation surprises to the downside by hitting 2.1 percent in February, the Bangko Sentral ng Pilipinas (BSP) signaled that it would carefully assess monetary policy adjustments to support economic growth...
Banks’ real estate loans climb to 19.8% in 2024
by Keisha Ta-Asan - March 6, 2025 - 12:00am
The exposure of Philippine banks and trust entities to the volatile property segment inched up to 19.8 percent of total loans in end-December 2024 amid the sustained expansion of property-related lending despite...
BDO: Infrastructure, RE to lead Philippines investment boom
by Keisha Ta-Asan - March 6, 2025 - 12:00am
The Philippines is poised for significant investment inflows this year, with infrastructure, renewable energy and healthcare emerging as the most attractive sectors for capital, BDO Unibank Inc. said.
PERA contributions rise 24% in 2024
by Keisha Ta-Asan - March 5, 2025 - 12:00am
Voluntary retirement contributions rose by 24 percent to P491.39 million in 2024 from P396.31 million in 2023, as Filipinos prioritized savings amid economic uncertainties and rising living costs, according to the...
Peso seen as more resilient amid uncertainty
by Keisha Ta-Asan - March 5, 2025 - 12:00am
The peso is expected to outperform its regional peers despite a stronger dollar, as the country benefits from high interest rates, steady foreign bond inflows and relative insulation from global trade tensions, according...
PSBank earnings up 15% in 2024
by Keisha Ta-Asan - March 4, 2025 - 12:00am
Ty-led Philippine Savings Bank grew its profit by 15 percent to P5.21 billion last year from P4.53 billion in 2023.
UnionBank to raise $800 million, P30 billion via bond issuances
by Keisha Ta-Asan - March 4, 2025 - 12:00am
Union Bank of the Philippines is looking to raise fresh capital through multiple funding initiatives this year after its board of directors approved key financial moves during a meeting on Feb. 28.
Security Bank profit up 23% on strong revenue growth
by Keisha Ta-Asan - March 4, 2025 - 12:00am
Robust revenue growth propelled Security Bank Corp. to a record-high net income of P11.2 billion in 2024, marking a 23 percent increase from P9.1 billion a year ago.
BPI targets full integration of Robinsons Bank by October
by Keisha Ta-Asan - March 4, 2025 - 12:00am
Ayala-led Bank of the Philippine Islands is set to complete the full integration of Robinsons Bank this year, with all Robinsons Bank branches expected to be rebranded as BPI branches by October.
Inflation likely slowed in February, economists say
by Keisha Ta-Asan - March 3, 2025 - 12:00am
Headline inflation likely eased in February from 2.9 percent in January as rice and fuel prices declined, offsetting price pressures from other food items, economists said.
More ‘hot money’ exits Philippines in January
by Keisha Ta-Asan - March 3, 2025 - 12:00am
Foreign capital continued to exit the Philippines in January, marking the second consecutive month of net outflows amid persistent global economic uncertainties, according to data from the Bangko Sentral ng Pilipinas...
Inflation likely eased in February
by Keisha Ta-Asan - March 1, 2025 - 12:00am
Inflation likely eased in February as lower prices of key food items and negative base effects mitigate the upward price pressures for the month, the Bangko Sentral ng Pilipinas said.
‘Philippines poised for growth this year’
by Keisha Ta-Asan - March 1, 2025 - 12:00am
The Philippine economy is projected to expand by six percent this year, mainly driven by low inflation and anticipated rate cuts, which are expected to stimulate economic activity, according to analysts.
PDIC doubles deposit insurance to P1 million
by Keisha Ta-Asan - March 1, 2025 - 12:00am
The Philippine Deposit Insurance Corp. has doubled the maximum deposit insurance coverage to P1 million from P500,000 per depositor, effective March 15.
DBM chief hails better-than-expected budget deficit drop
by Keisha Ta-Asan - March 1, 2025 - 12:00am
Budget Secretary Amenah Pangandaman hailed the decline in the country’s budget deficit to 5.7 percent of gross domestic product in 2024 from 6.2 percent of GDP in 2023, marking the lowest level since the ...
Maya achieves group-wide profitability, expands customer base and lending portfolio
by Keisha Ta-Asan - February 28, 2025 - 12:00am
Maya Bank saw a strong financial performance in 2024, achieving group-wide profitability while expanding its digital banking and payments business.
Chinabank income hits all-time high
by Keisha Ta-Asan - February 28, 2025 - 12:00am
Higher core business revenues boosted the net income of Sy-led China Banking Corp. by 13 percent to hit another record high of P24.8 billion in 2024.
Budget gap shrinks to P1.5 trillion
by Keisha Ta-Asan - February 28, 2025 - 12:00am
The country’s budget shortfall narrowed slightly in 2024, with its share to the overall economy also improving from a year ago, according to the Bureau of the Treasury.
Bank economists bullish on growth
by Keisha Ta-Asan - February 27, 2025 - 12:00am
The Philippines is on track for higher economic growth this year compared to 2024, mainly driven by higher domestic demand, easing inflation and election-related government spending, according to bank economist...
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