Philippine banks can lend more to businesses

May 17, 2011 0

With banks’ accumulated resources rising to P6.9 trlllion in February, lending by banks to consumer and corporate borrowers is expected to increase, according to a Bangko Sentral report. Data from the central bank showed that Read More

Ph to stockpile on diesel fuel

April 16, 2011 0

To secure the continuous supply of diesel in the country and in anticipation of supply disruptions in the world market, the government will start to stockpile on its  diesel reserves befor the end of May. Read More

Automakers feel pinch of Japan quake

March 27, 2011 0

With most of Japan’s auto industry shutting down after a powerful earthquake and tsunami devastated the country early this month, Nissan, Toyota, Honda, Mazda and other car makers have started resuming some production, although industry Read More

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