Category : Search result: banking industry Philippines


PH Tourism Slump: Foreign Visitors Still Down 25%

Philippine tourism recovery stalls as foreign arrivals remain 25% below pre-pandemic levels. Cebu hotels face slow recovery after natural disasters. Industry calls for government action.

60-Day Price Freeze on Basic Goods in Effect

The Philippine government implements a 60-day price freeze on basic necessities across the country following President Marcos Jr.'s state of calamity declaration due to El Niño.

Davao Bank Lending Grows 10.5% in September

Davao's banking sector shows robust growth with double-digit lending expansion, signaling strong economic momentum and increased business confidence in the region.

Petron Profits Surge 37% to ₱9.7B

Petron Corporation reports massive 37% profit surge reaching ₱9.7 billion in first half 2024, driven by strategic expansions and increased fuel demand across the Philippines.

Metrobank Posts Record P37.3B Profit in 9M 2025

Metrobank achieves historic P37.3 billion net income in first nine months of 2025, driven by robust loan growth and improved margins. Discover how the Philippines' second-largest private universal bank continues its impressive financial trajectory.

Philippines Declares National Calamity Over El Niño

President Ferdinand Marcos Jr. places entire Philippines under state of national calamity due to severe El Niño impacts affecting agriculture, water supply, and public health across the nation.

Davao del Norte Construction Booms with 163% Growth

Davao del Norte's construction industry emerges as the region's fastest-growing sector, recording an unprecedented 163% growth that signals robust economic development and infrastructure expansion in Southern Philippines.

Cebu City Declares Calamity After Typhoon Tino

Cebu City faces massive devastation as Typhoon Tino triggers flooding, landslides, and widespread damage, prompting local government to declare state of calamity and release emergency funds.

Typhoon Tino: 90 Dead in Philippines Disaster

Typhoon Tino leaves devastating trail across Philippines with nearly 90 confirmed fatalities. Emergency teams battle floods and landslides in massive rescue efforts.

Church Groups Aid Philippine Storm Survivors

In the aftermath of devastating storms, Philippine church organizations mobilize immediate assistance for affected communities across Eastern Visayas, providing food, shelter, and hope to survivors.

Cebu Disaster: 48 Dead, 28 Missing in Floods

Central Cebu faces catastrophic flooding and landslides with 48 confirmed fatalities and 28 individuals missing. Rescue operations continue as communities grapple with the aftermath of relentless heavy rains.

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