General

BSP term deposit facility posts strong demand, rates up

Demand for the Bangko Sentral ng Pilipinas’ (BSP) term deposit facility (TDF) was strong on Wednesday as bids exceeded the offering, but rates increased. The BSP reduced the offer volume for the seven-day facility to PHP130 billion from PHP150 billion…

General

Bataan, power firm partner to protect sea turtles

The provincial government of Bataan and the power firm GNPower Dinginin Ltd. Co. (GNPD) have tied up to protect and preserve the “pawikan” or sea turtles in the province which is home to three out of five identified species in the country. A three-yea…

General

Fintech firm renews SME financing partnership with DTI

Philippine-based financial technology firm First Circle has renewed its partnership with the Department of Trade and Industry (DTI) to offer financing to small and medium enterprises (SMEs). First Circle shared on Wednesday that its general manager an…