Finance

Banks’ nonperforming loan ratio up in January

PHILIPPINE BANKS’ asset quality worsened as the industry’s gross nonperforming loan (NPL) ratio rose in January, according to data from the Bangko Sentral...

Elon Musk blames ‘massive’ cyberattack for X outage

Elon Musk has claimed that his social media platform X (formerly Twitter) came under a “massive cyberattack” on Monday, leaving it inaccessible for...

BSP: April rate cut still ‘on the table’

By Luisa Maria Jacinta C. Jocson, Reporter THE Bangko Sentral ng Pilipinas (BSP) could resume its easing cycle as early as its next meeting...

Employer costs for low-paid staff to jump by over £2,100 per employee from April 2025

Companies employing staff on the National Living Wage (NLW) are braced for cost increases exceeding £2,100 per employee from April 2025, according to...

Huawei’s world-first tri-fold smartphone now available in PH

by Edg Adrian A. Eva, Reporter Chinese tech giant Huawei has launched its latest flagship foldable, the Huawei Mate XT, in the Philippines, with...

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