SSS explores possible relief measures for members, employers
THE SOCIAL Security System (SSS) is exploring the possibility of offering a loan moratorium for members and a condonation program for contribution penalties for...
Debt yields rise as mart bets on BSP tightening
YIELDS on government securities (GS) traded at the secondary market closed mostly higher last week as investors priced in a potential rate hike from the Bangko Sentral ng Pilipinas (BSP) amid growing inflation concerns due to elevated global oil prices.
BSP securities fetch higher rate
THE BANGKO SENTRAL ng Pilipinas’ (BSP) short-term securities fetched a higher average yield on Friday, with the regulator capping its award even as the...
BSP’s market operations mop up P1.2T in liquidity
THE BANGKO SENTRAL ng Pilipinas (BSP) has mopped up over P1 trillion in excess money supply from the market through its monetary operations as...
New research paper charts path toward smaller Fed balance sheet
IF THE US Federal Reserve truly wants a smaller balance sheet, it can get there with regulatory changes, tweaks to the payment system and...
Peso sinks further as market eyes Iran deal
THE PESO slid further against the dollar on Thursday due to lingering uncertainty over the war in the Middle East as markets awaited clearer...
China launches long-term care insurance system to help alleviate aging challenges
BEIJING — China has announced the rollout of a long-term care insurance system, a move aimed at easing the burden on families caring for...
Philippine herbal industry: Let’s make it a reality
By Flor G. Tarriela
The Department of Trade and Industry (DTI), through the Board of Investments (BoI), has identified the natural health products (NHP) and herbal medicine industry...
TDF yield inches down as demand stays strong
THE BANGKO SENTRAL ng Pilipinas’ (BSP) one-week term deposits fetched a slightly lower average accepted yield on Wednesday as still-high market liquidity boosted demand...
Gov’t to borrow up to P784B via local market in Q2
THE GOVERNMENT is looking to borrow up to P784 billion from the domestic debt market in the second quarter, the Bureau of the Treasury said on Wednesday.
BoJ debated need for more rate hikes —Jan. minutes
TOKYO — Many Bank of Japan (BoJ) policymakers saw the need to keep raising interest rates, with some calling for timely action on mounting...
Peso slides as Iran war drags on
THE PESO dropped back to the P60 level versus the dollar on Wednesday as players awaited clarity on the supposed peace talks between the...