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April 12, 2024

Bank lending up, domestic liquidity slows in Feb

MANILA: Bank lending of universal and commercial banks (U/KBs) grew at a faster pace in February this year while domestic liquidity growth slowed.

Data released by the Bangko Sentral ng Pilipinas (BSP) released late Thursday showed that banks’ outsta…

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Steam-driven eruption observed in Taal Volcano

MANILA: Steam-driven or phreatic eruption was observed at the Taal Main Crater early Friday, the Philippine Institute of Volcanology and Seismology (Phivolcs) said.

In an advisory shared shortly before 10 a.m., the Phivolcs said the eruption was reco…

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