top of page
Search


RESURGENT COVID CAUSES BOJ TO EXPECT SLOWDOWN OF JAPAN ECONOMY
Bank of Japan (BOJ) Governor Haruhiko Kuroda warned of downside risks to the economy hit by another state of emergency over the novel...

By The Financial District
Jan 24, 20211 min read


DEVELOPMENT, MULTILATERAL BANKS MOBILISE $175 IN PRIVATE FINANCE
Multilateral development banks (MDBs) and development finance institutions (DFIs) have mobilised US$ 175 billion of private finance in 2019.

By The Financial District
Jan 23, 20212 min read


FINANCE EYES $809 MILLION GRANT FOR BIR DIGITIZATION
President Duterte has authorized the Department of Finance (DOF) to enter into talks with the United States Trade and Development Agency...

By The Financial District
Jan 23, 20213 min read


LGU FINANCE UNIT LAUDED
The Bureau of Local Government Finance (BLGF) has maintained its ISO 9001:2015 certification for the consistent high quality of the...

By The Financial District
Jan 22, 20212 min read


BLACKROCK TO ADD BITCOIN AS ELIGIBLE INVESTMENT TO 2 FUNDS
BlackRock Inc is adding bitcoin futures as an eligible investment to two funds, a company filing showed, in a move to bring the world of...

By The Financial District
Jan 22, 20211 min read


BPI BARES MERGER WITH BPI FAMILY SAVINGS BANK
The Bank of the Philippine Islands (BPI) announced today that, subject to shareholder and regulatory approvals, it will merge with BPI...

By The Financial District
Jan 21, 20212 min read


GOLDMAN SACHS PROFIT MORE THAN DOUBLES FOR 4TH QUARTER OF 2020
Goldman Sachs Group Inc dwarfed Wall Street estimates as its fourth-quarter profit more than doubled, powered by another blowout...

By The Financial District
Jan 20, 20211 min read


EASTWEST BANK CONFIRMS BANK MANAGER MISSING
East West Bank has disclosed to the Philippine Stock Exchange (PSE) and the Securities and Exchange Commission (SEC) that one of its...

By The Financial District
Jan 20, 20211 min read


BSP UNVEILS 5K LAPULAPU COMMEMORATIVE BANKNOTE AND MEDAL
The Bangko Sentral ng Pilipinas (BSP), in cooperation with the National Quincentennial Committee (NQC), launched today the 5000-Piso Lapu...

By The Financial District
Jan 19, 20212 min read


EARNING U.S. BANKS MOVE ‘BAD’ LOANS BACK TO ‘GOOD’
The pandemic and recession aren’t over by a long shot, but banks are feeling optimistic enough to start taking potentially “bad” loans...

By The Financial District
Jan 18, 20212 min read


HEART ATTACK KILLS SWISS BANKER BENJAMIN DE ROTHSCHILD, 57
Benjamin de Rothschild, who oversaw the banking empire started by his father in 1953, has died. He was 57.

By The Financial District
Jan 18, 20211 min read


DOMINGUEZ: $13.36 BILLION SECURED FOR
The Department of Finance (DOF) has secured a total of US$13.36 billion in loans and grants from external sources for the government’s...

By The Financial District
Jan 18, 20213 min read


SURE PROJECT OF EU SAVES JOBS
As the second wave of the pandemic continues, jobs and businesses across Europe are being hit hard. However many have been cushioned...

By The Financial District
Jan 17, 20212 min read


DIOKNO: BANKS TO WEATHER COVID-19 CRISIS
The country’s banking system can withstand adverse scenarios as per stress tests that the Bangko Sentral ng Pilipinas has made...

By The Financial District
Jan 17, 20212 min read


TURKEY'S FLOUR PRODUCER GETS EBRD FUNDING
Turkey’s flour producer Ulusoy Un is receiving a fresh financial boost to keep up with high demand from pasta-makers, bakeries and locked...

By The Financial District
Jan 15, 20211 min read


BANGKO SENTRAL TO BUILD ECO-FRIENDLY COMPLEX IN CLARK
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno is looking at further boosting the central bank’s delivery of its mandate once...

By The Financial District
Jan 14, 20211 min read


IMF RAISES RESERVES AS CREDIT EXPOSURE RISKS INCREASE
The Executive Board of the International Monetary Fund (IMF) has agreed to raise the medium-term target for the fund’s precautionary...

By The Financial District
Jan 12, 20212 min read


DBP LENDS P645 MILLION TO BANANA FLOUR FIRM
State-owned Development Bank of the Philippines (DBP) has granted a PHP645-million loan to Hijo Superfoods, Inc. (HSI).

By The Financial District
Jan 11, 20212 min read


TURKMENISTAN FOOTWEAR GETS EBRD FUNDING
With finance and business advice from the EBRD, funded by the European Union (EU), footwear company, Gerchek diversified...

By The Financial District
Jan 10, 20212 min read


BANGKO SENTRAL EYES MORE BOND PARTICIPATION
The Bangko Sentral ng Pilipinas (BSP) is eyeing more participants to its securities auctions as demand for government-issued paper...

By The Financial District
Jan 9, 20211 min read


T-BONDS' RATE DECLINES
The 10-year Treasury bonds' rate of the government has declined due to high liquidity situation.

By The Financial District
Jan 6, 20211 min read


MINORITY-OWNED U.S. FIRMS WAITED FOR MONTHS FOR FEDERAL LOANS
Thousands of minority-owned small businesses were at the end of the line in the government’s coronavirus relief program as many struggled...

By The Financial District
Jan 6, 20211 min read


AMMAN TO HAVE ZERO-EMISSION BUS FLEET
The population of Amman will benefit from the introduction of a new bus fleet in the Jordanian capital thanks to its participation in...

By The Financial District
Jan 5, 20212 min read


EBRD SUPPORTS SMEs IN NORTH MACEDONIA
The European Bank for Reconstruction and Development (EBRD) is providing two loans of €3.5 million combined to ProCredit Bank Skopje in...

By The Financial District
Jan 5, 20212 min read
bottom of page
![TFD [LOGO] (10).png](https://static.wixstatic.com/media/bea252_c1775b2fb69c4411abe5f0d27e15b130~mv2.png/v1/crop/x_150,y_143,w_1221,h_1193/fill/w_179,h_176,al_c,q_85,usm_0.66_1.00_0.01,enc_avif,quality_auto/TFD%20%5BLOGO%5D%20(10).png)