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China’s Xi to tie up Belt and Road deals in ‘historic’ Myanmar visit

Thu Thu Aung and Sam Aung Moon, Reuters
Posted at Jan 16 08:07 PM

China's President Xi Jinping will visit Myanmar on Friday to ink massive infrastructure deals and extend influence in a neighbor whose ties with the West were frayed by accusations that it conducted genocidal policies against ethnic Rohingya Muslims. Read more »

DTI readies loans, livelihood aid for small businesses affected by Taal

ABS-CBN News
Posted at Jan 16 07:01 PM

The Department of Trade and Industry on Thursday said it will provide livelihood assistance and loans for small businessmen affected by the eruption of Taal Volcano.    Read more »

PH taps Japan for Subic Bay masterplan

ABS-CBN News
Posted at Dec 24 11:16 AM

MANILA - The government tapped the Japan International Cooperation Agency (JICA) for the formulation of a masterplan which aims to boost economic potential of Subic Bay and its surrounding areas, the Finance department said Tuesday. Read more »

Nasalanta ng kalamidad? GSIS, SSS, ibang bangko may alok na 'calamity loans'

Joyce Balancio, ABS-CBN News
Posted at Dec 04 06:00 PM

May mga pang-agapay ang SSS, GSIS, at iba pang financial institutions para makabangon ang mga Pinoy na naperwisyo ng bagyo o ano mang sakuna.  Read more »

More Filipinos seen to benefit from microfinance loans with nat'l ID system

ABS-CBN News
Posted at Nov 26 10:45 PM

The implementation of the Philippines' national ID system is seen to further boost financial inclusion efforts in the country. Read more »

BSP pushes for digital services, microfinancing for small businesses

Jessica Fenol, ABS-CBN News
Updated as of Nov 27 07:26 AM

The BSP aims to improve the exposure of micro, small and medium enterprises’ (MSMEs) to loans by supporting policies for innovative services, Diokno said in a speech during the 17th Citi Microentrepreneurship Awards.  Read more »

Sri Lanka president likely to reboot China ties: experts

Simon Sturdee, Agence France-Presse
Posted at Nov 19 02:43 PM

With the Rajapaksas clan now back, Beijing will likely be too, experts say.   Read more »

The pros and cons of online loans

Moneymax.ph
Posted at Nov 13 11:32 AM

Online loans have pros and cons that you should know before applying for one. Read more »

SEC asks BSP to cap interest rates, fees on consumer, payday loans

ABS-CBN News
Posted at Oct 28 12:41 PM

Predatory lending, which results in abusive, unethical and unfair means of collecting debt payments, remains as one of the major public complaints to the SEC, chairperson Emilio Aquino said in a statement. Read more »

'Clear risks' for stability in China's Pacific lending

Agence France-Presse
Posted at Oct 21 11:01 AM

In a study released Monday, the influential Lowy Institute warned that fragile Pacific nations risked borrowing too much and leaving themselves exposed to demands from Beijing. Read more »

Personal loan myths you should stop believing

Moneymax.ph
Posted at Oct 09 10:20 PM

Myths are meant to be busted. Here are some of the worst, and why you should stop believing in them.  Read more »

P30-B Australian loan for ships at risk of being scrapped under Duterte order

Dharel Placido, ABS-CBN News
Posted at Sep 30 11:52 AM

MANILA - A P30 billion loan from Australia for the building of offshore patrol vessels is at risk of being scrapped due to the order of President Rodrigo Duterte to suspend aid from countries that sponsored and backed an inquiry into the Philippine war on drugs, Defense Secretary Delfin Lorenzana said Monday. Read more »

Two foreign loans suspended under Duterte's order

Dharel Placido, ABS-CBN News
Posted at Sep 25 12:24 PM

MANILA - A loan supporting the Philippines’ bus rapid transit program and another meant to fund studies on climate change were affected by the order of President Rodrigo Duterte to to “suspend“ loans and grants from countries that sponsored and backed an inquiry into the Philippine war on drugs, Finance Secretary Carlos Dominguez III said Wednesday. Read more »

The ANC Brief: No country an island

ABS-CBN News
Posted at Sep 23 04:05 AM

The country is losing a whole lot more in its pursuit of the war on drugs. Here are the big stories making the headlines on ANC today. Read more »

Opposition solon warns vs rejecting loans from states critical of drug war

ABS-CBN News
Posted at Sep 22 11:10 PM

Bayan Muna Rep. Carlos Zarate said refusing these loans will further isolate the Philippines from the international community and push the country into the so-called Chinese debt trap. Read more »

Lawmakers: Rejecting loans from gov’ts backing ‘drug war’ probe a mistake

ABS-CBN News
Updated as of Sep 22 12:18 AM

Lawmakers slammed Duterte's purported order to reject negotiations of loans and grants from countries that backed a UN resolution seeking a comprehensive report on the Philippines' drug war. Read more »

Security Bank partners with Thailand's Krungsri to grow consumer loans

ABS-CBN News
Posted at Aug 09 08:59 AM

Security Bank and the Thai lender, commonly known as Krungsri, both have Japan's MUFG Bank as common shareholder. Bank of Ayudhya will take a 50-percent stake in SB Finance Co, the Filipino bank said in a statement. Read more »

Bank lending growth slows; domestic liquidity expands: BSP

ABS-CBN News
Posted at Jul 31 07:13 PM

MANILA - The Bangko Sentral ng Pilipinas said bank lending posted slower growth in June compared to May.  Read more »

China-funded infra projects can move faster: transport chief

ABS-CBN News
Posted at Jul 26 05:15 PM

The Department of Transportation is facilitating the construction of at least 3 China-funded railway projects -- the PNR South Railway project, the Clark-Subic Railway project, and the Mindanao Railway project. Read more »

RCBC bank 'fighting its way back' to the top, president says

Cathy Yang, ABS-CBN News
Updated as of Jul 26 05:39 PM

Rizal Commercial Banking Corp is regaining ground, as it recovered from the fallout of a $81 million (P4.1 billion) money laundering caper, its president said Friday. Read more »