A study conducted by the University of the Philippines Marine Science Institute (UPMSI) highlighted Benham Bank’s rich biodiversity and unspoiled reefscape. The study, titled “Benthic structuring of ...

Near the eastern coast of Luzon, Philippines, located 50 meters below the sea surface, is the Benham Bank, an underwater ...

Philippines – Banks in the Philippines continued to see their net incomes grow in the first quarter of the year despite policy shifts in the global economy. The SM Group of Companies’ two ...

MANILA, Philippines — The labeling of “West Philippine Sea” on Google Maps reflected the “growing acceptance” of the waters as part of the country’s sovereignty, according to the National Maritime ...

President Donald Trump’s ever-changing tariff onslaught is overshadowing the Philippines’ sound economic fundamentals and will likely keep banks selective in deploying funds, according to the ...

MANILA -- The Philippine central bank continued its monetary easing cycle, cutting its policy rate by 25 basis points to 5.5% on Thursday in the wake of the developing U.S. trade war. The move on ...

A group of prominent Philippine financial institutions has teamed up with Web 3.0 fintech firm JUST Finance to introduce PHPX, the first bank-collateralized Philippine Peso stablecoin. This ...

Preliminary data released by the BSP showed that the non-performing loan (NPL) ratio of Philippine banks was the lowest in five months or since the 3.45 percent recorded in April. However, the ...

MANILA, Philippines — A new Philippine map that includes the West Philippine Sea (WPS) as part of its jurisdiction will be released soon, the National Mapping and Resource Information Authority ...

Philippine digital banks aiming to tap the country’s large unbanked and underbanked population are facing significant risks associated with lending to these segments, Fitch Ratings reported.

GoTyme Bank, a collaboration between the Gokongwei group of companies and the multi-country digital banking group Tyme, led Philippine banks as the #1 bank in customer experience and most ...

MANILA: The global Microsoft outage has paralySed several industries using its software, with some Philippine banks confirming their systems are also affected. In separate advisories on Friday ...