Bitcoin rallies as countries back digital assets
Bitcoin has shattered previous records, reaching an all-time high of $109,400 during U.S. morning trading. This marks a dramatic 16% increase so far in May, [more…]
Category: Philippines
World Bank trims Asia growth outlook
The World Bank has sharply downgraded its economic growth projections for the Philippines, forecasting that the country’s gross domestic product (GDP) will expand by just [more…]
SCB X betting big on fintech and tech startups
SCB X is no longer your typical bank stuck in the past. Nope, they’ve broken free from the chains of traditional banking and are all [more…]
Philippines’ bold rate cut spurs Asia’s central banks to reconsider
In a move that caught many by surprise, the Philippines’ central bank broke away from the pack, slashing its main policy rate last week. This [more…]
SM Investments Q1 net income up 6% on Philippines’ economic growth
SM Investments Corp. (SMIC) has reported a six percent increase in net income, reaching P18.4 billion ($313 million) in the first quarter, up from P17.3 [more…]
DigiPlus Interactive secures a spot in FTSE index, effective March 15
DigiPlus Interactive Corp. (DigiPlus), a prominent player in the retail gaming and leisure sector, has clinched a coveted spot in the FTSE Global Equity Index [more…]
The Philippine central bank is prepared to reintroduce measures to tighten monetary policy as the inflation rate accelerates
The Philippine central bank has announced its readiness to increase interest rates again due to a second consecutive month of rising consumer prices, primarily driven [more…]