Bank lending continued to grow in August but at a slightly slower pace, while domestic liquidity expanded at a faster rate, the Bangko Sentral ng Pilipinas (BSP) reported Thursday. Preliminary data showed outstanding loans from universal and commercial banks (U/KBs) rose 11.2 percent year-on-year in August, easing from 11.8 percent in July. Total lending during the month reached ₱13.61 trillion. …
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October, 2025
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6 October
PDIC to auction real properties, vehicles via e-bidding on Oct. 29-30
The Philippine Deposit Insurance Corporation (PDIC) will put several real properties and transportation equipment up for sale through electronic public bidding (e-bidding) later this month. In a statement last week, PDIC said bids will be accepted through its e-bidding portal (https://assetsforsale.pdic.gov.ph) starting 9 a.m. on Oct. 29, 2025 until 1 p.m. on Oct. 30, 2025. Submitted bids will be opened …
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6 October
Gov’t debt eases to P17.47T in August on bond repayment, stronger peso
The national government’s debt stock slightly eased to ₱17.47 trillion as of end-August 2025, down 0.5 percent from ₱17.56 trillion in July, the Bureau of the Treasury (BTr) reported Tuesday. The decline was attributed mainly to the government’s full repayment of its largest local bond for the year, worth ₱516.34 billion, as well as the peso’s appreciation, which lowered the …
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6 October
ADB remains upbeat on Philippine economy
The Asian Development Bank (ADB) remains upbeat about the Philippines’ economic prospects, saying the country will stay resilient amid a challenging global environment. In its Asian Development Outlook (ADO) September 2025 report released last week, the ADB projected the Philippine economy to grow by 5.6 percent this year and slightly quicken to 5.7 percent in 2026. While the 2026 forecast was trimmed …
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6 October
AMLC freezes more assets tied to flood control scam
The Anti-Money Laundering Council (AMLC) has secured another freeze order from the Court of Appeals (CA), this time covering 57 bank accounts, 10 real properties, and nine motor vehicles linked to alleged irregularities in flood control projects. The council said earlier freeze orders had already immobilized assets worth more than ₱4 billion. To date, the CA has ordered the freezing …
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5 October
Celebrate the Best of Australia at Landmark: Shop Aussie Brands and Get a Chance to Win a Trip for Two to the Land Down Under
October 4, 2025 – The flavors and vibrance of Australia are now closer than ever as A Taste of Australia recently launches at Landmark Supermarket Makati. The event was led by Landmark Chief Operating Officer Teddy Keng, Landmark SVP for Marketing Michelle Keng, Hans Lim of NexTrade, with the support of Austrade and Australian Ambassador to the Philippines, Marc Innes-Brown, …
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5 October
Jesus Is Our Shield Worldwide Ministries Celebrates 36 Grandest Years of Living Like Jesus with a National Prayer for Peace
“Kung may kaguluhan, dapat palitan ng kapayapaan at ang pananalangin ang solusyon para makagalaw ang Diyos.” — Apostle Renato D. Carillo. Quezon City, Philippines — In these challenging times, as corruption fuels unrest and massive demonstrations rise across the Philippines, we are called to lift our country before God in fervent prayer. It is only through united and persevering intercession …
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5 October
Helping Paw: Volunteer Group of K9 Dogs Joins Cebu’s Search and Rescue
Metro Manila Dogs Association K-9 Corps recharge in Savoy Hotel Mactan Newtown before heading to ground zero Savoy Hotel Mactan Newtown offers pet-friendly rooms designed with comfort in mind, making every stay a paw-sitive experience. On the evening of September 30, 2025, Cebu was struck by a 6.9-magnitude earthquake that claimed lives, caused billions in damages, and left families without …
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5 October
NLEX Corp. allots P200-M to upgrade SCTEX
NLEX Corporation will allot P200 million in technology and infrastructure for the upgrade of the Subic-Clark-Tarlac Expressway (SCTEX). In a media release, NLEX President and General Manager Luis S. Reñon said, “The system enhancement program in SCTEX is essential not only for ensuring faster and smoother travel, but also for enforcing stricter road discipline. These upgrades will significantly improve the …
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5 October
Asia Pacific carriers predict robust growth in passenger traffic
Demand for air travel continues to soar as shown by the reported 11% increase in air passenger traffic in the Asia-Pacific region from January to August 2025, as the number of leisure and business trips reach new levels despite tariff-induced setbacks. According to the latest Association of Asia Pacific Airlines (AAPA) report, Asia-Pacific airlines carried 258.04 million passengers in the …
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The Market Monitor Minding the Nation's Business