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Microfinance growing despite fewer players
Friday, 08.29.2014, 11:56pm

Microfinance (MF) has become an integral component of widening access to finance among poor and low-income households, and although the number of banks and clients in the sector fell in 2013, loans and deposit portfolios have increased, the central bank said.

 

If PH docs leave, Libya hospitals to collapse
Friday, 08.29.2014, 11:52pm
Libya has warned of a “total collapse” of its health care system as the chaos plaguing the country threatens to send into flight many of the Filipino staff on whom its hospitals depend.
Total of 810 Filipinos board ship out of Libya – DFA
Friday, 08.29.2014, 11:51pm
A total of 810 Filipinos have boarded the ship out of conflict-stricken Libya, the Department of Foreign Affairs said Friday, adding the vessel is already on its way to Malta.
‘GDP likely bounced back to 7% in Q2’
Friday, 08.29.2014, 11:50pm
Growth in the Philippine economy likely got back on target in the second quarter of the year after veering off the desired range in the first three months, with the manufacturing sector contributing largely to the recovery, a government economist said.
‘Even 7.5% growth will not create enough jobs’
Friday, 08.29.2014, 11:48pm
Unemployment is bound to persist even if the economy proves resilient enough to hit the highest target growth rate this year, given the huge number of jobless adults in the country, the National Economic and Development Authority (NEDA) said on Tuesday.
300,000 more Pinoys jobless – SWS survey
Friday, 08.29.2014, 11:44pm
THE number of Filipinos without jobs rose in the second quarter of the year as pessimism on the prospects of finding employment next year also grew, according to a survey by the Social Weather Stations (SWS)
  » OFW June remittances hit 6-month high
  » Peso hits 3-month low at P44.13: $1
  » Moody’s cuts PH 2014 growth forecast to below govt target
  » Asia’s energy use seen exceeding share of global economy – ADB
  » Meralco cuts June rates



 
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News in Pictures

Michael Christian Martinez performs during the Men’s Figure Skating Short Program at the Iceberg Skating Palace during the Sochi Winter Olympics in Russia.



 
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