Saturday, 12 July 2025
23 hours ago
DigiPlus starts P6-B buyback, defends share price at P39 average
By: Miguel R. Camus
DigiPlus Interactive Corp., the online gambling giant behind BingoPlus and ArenaPlus, has begun executing its P6 billion share buyback program, repurchasing nearly 3 million shares on the open market on July 10.
1 day ago
Pagcor orders takedown of all gambling billboards by August 15
In a memorandum dated July 7, 2025, the gambling regulator directed all licensees, suppliers, gaming venue operators, and system administrators to comply with the new directive, covering both static and digital materials.
6 May 2025
8:57PM
April inflation slows to 1.4 percent, bolstering case for BSP rate cut, BPI says
The continued easing of inflation to 1.4 percent in April, its lowest since 2019, bolsters the case for a potential interest rate cut by the Bangko Sentral ng Pilipinas.
27 Apr 2025
9:54PM
CIMB cites system error for fund transfer glitch, tightens security
“We encountered an unexpected system error that affected some transactions. Immediate action was taken and it has since been resolved,” a CIMB spokesperson said in an email to InsiderPH.
15 Apr 2025
2:35PM
QUICK LOOK | OFW dollar remittances up 2.6% in Feb; slow, steady growth continues
The continued, albeit moderate, growth in remittances underscores their resilience amid global uncertainties. These inflows remain a key pillar of household consumption and foreign exchange liquidity in the Philippines.
11 Apr 2025
3:59PM
QUICK LOOK: January FDI inflows drop 20% as foreign firms cap funding
The decline was largely driven by a 37.7-percent fall in nonresidents’ net investments in debt instruments, which fell to $519 million from $833 million.
10 Apr 2025
3:21PM
BSP cuts key interest rate by 25 bps to 5.5% as inflation outlook eases
BSP Governor Eli Remolona Jr. said the Monetary Board adjusted the overnight deposit and lending rates to 5 percent and 6 percent, respectively, reflecting the central bank’s shift toward a more accommodative stance, following months of stable price movements.
8 Apr 2025
7:06AM
QUICK LOOK: March dollar reserves dipped to $106B as gov’t repaid debt
The month-on-month decrease was attributed mainly to foreign currency withdrawals by the national government to service external debt and to the BSP’s net foreign exchange operations.
2 Apr 2025
7:32AM
Filipinos’ credit card, salary loans still growing twice as fast as bank lending
Outstanding consumer loans by universal and commercial banks grew by 24.1 percent year-on-year in February, far outpacing the 12.2 percent rise in overall bank lending for the same period. The BSP said this was slightly slower than the 24.4 percent consumer loan growth recorded in January.
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