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Ramon S. Ang

SMFB net income rises 17% to P22.9 B

By James A. Loyola San Miguel Food and Beverage, Inc., the food and beverage flagship of San Miguel Corp., reported that its consolidated income from…

Bangko Sentral ng Pilipinas (BSP) logo

Remittances total $21.3B end-September – BSP

By Lee C. Chipongian Cash remittances sent by overseas Filipinos went up by 2.5 percent year-on-year to $21.3 billion, Bangko Sentral ng Pilipinas (BSP) Deputy…

A logo of the Bangko Sentral ng Pilipinas is seen at their headquarters in Manila, (REUTERS/Romeo Ranoco / MANILA BULLETIN)

BSP hikes benchmark rate by 25 bps to 4.75%

By Lee Chipongian  The Monetary Board, the central bank policy-making body, raised key rates by 25 basis points (bps) Thursday -- the fifth time it…