Philippines

Philippine banks explore blockchain for payment and remittance services

The central bank approved a pilot project creating a real-time remittance corridor.

Philippine banks explore blockchain for payment and remittance services

The central bank approved a pilot project creating a real-time remittance corridor.

Philippine inflation hits 5-year highs at 4.6% in May

The passage of the Tax Reform for Accelaration and Inclusion (TRAIN) law caused price surges in some commodities.

Growing property exposure pose risks to Philippine banks

CAGR of real estate loans stand at 22% from 2012-2017 versus overall loan growth at 17%.

New Wave to buy Alutech Metals Asiatic for $2.8m

It targets to develop and expand its aluminium product distribution business.

Philippines GDP growth to inch down 6.5% in 2018

But rising domestic consumption and infrastructure projects may still boost its growth.

Philippines GDP rate grew 6.7% in 2017

Its industry sector showed the fastest growth of 7.3% in Q42017.

Philippine PMI inches up to 50.8 in September

It was the second weakest in recorded history.

Lum Chang buys One Tree Hill Gardens for $65m

The freehold property will have 13 strata units.

Philippine GDP growth hits 6.5% in Q2

Thanks to higher domestic consumption and government spending.

Philippine central bank holds reverse repo rate at 3.0%

BSP also raised its inflation expectations for 2017 and 2018.

Philippines' manufacturing PMI slows to 52.8 in July

It’s the lowest reading since January 2017.

Teo Hong Wee resigned as Roxy-Pacific's director

He is sibling of Teo Hong Lim and Teo Hong Yeow.