Economy

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SLOWLY but surely, the Credit Surety Fund or CSF is proving to be an effective alternative credit facility that helps the “unbanked” and “underbanked” gain access to traditional credit and other banking services.

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IN last week’s column, I discussed some telltale signs of deep financial trouble.

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(Fifth of a series)

IN last week’s column, we discussed huge negative net interest margin as one of the reasons for Banco Filipino’s chronic financial hemorrhage.

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BILL GATES

 

WASHINGTON — The Bill and Melinda Gates Foundation announced a $10.3-million grant to the International Rice Research Institute (IRRI) in the Philippines to fund the development of Golden Rice, a genetically modified strain of rice containing beta carotene which the body converts to Vitamin A.

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MANILA — Remittances from overseas Filipino workers (OFWs) climbed 7.6 percent in January amid the outbreak of tension in Middle East and North African (MENA) states, the Bangko Sentral ng Pilipinas (BSP) reported on Wednesday.

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