BDO raises P100 billion via sustainability bonds
BDO UNIBANK, Inc. has raised P100 billion from its fifth issuance of ASEAN Sustainability Bonds following strong investor demand.
This is 20 times its original...
BPI starts public offering of two-year social bonds
BANK of the Philippine Islands (BPI) on Monday started its public offer of two-year social bonds, from which it looks to raise at least...
PNB targets strong profit growth amid consumer push
PHILIPPINE NATIONAL Bank (PNB) targets to sustain its strong profit growth this year as it continues to expand its core businesses, backed by its...
Gold has more room to run as geopolitical tensions, central bank and retail buying...
ANALYSTS expect spot gold prices, which hit a record high above $5,000 per ounce on Monday, to climb further toward $6,000 this year on...
Peso jumps to P58 level on broad dollar weakness
THE PESO jumped on Monday to return to P58 level amid broad dollar weakness, with the yen also surging against the greenback on intervention...
T-bill, bond rates may be mixed before GDP data
RATES of the Treasury bill (T-bills) and Treasury bonds (T-bonds) on offer this week could end mixed as players await the release of Philippine...
Peso may strengthen further before GDP
THE PESO could trade stronger this week and even return to the P58 level before the release of Philippine gross domestic product (GDP) growth...
BSP bills’ rates drop as demand soars
THE BANGKO SENTRAL ng Pilipinas’ (BSP) short-term securities fetched a lower average rate on Friday as demand for the offering remained strong.
The 28-day BSP...
Apple Pay free to launch any time in the Philippines, says BSP
APPLE PAY may enter the Philippine market at any time as the Bangko Sentral ng Pilipinas (BSP) has already ruled that it is not...
Debt yields mixed amid global volatility
YIELDS on government securities (GS) ended mixed last week amid global market volatility and as players await key Philippine economic data for clues on...
Sun Life Philippines looking to boost digitalization initiatives
SUN LIFE of Canada (Philippines), Inc. (Sun Life Philippines) will ramp up its technology investments to further expand its reach via online distribution platforms...
Zepz buys remittance provider Pomelo to strengthen presence in the Philippines
GLOBAL PAYMENTS group Zepz, which owns WorldRemit and Sendwave, has acquired a US-based financial technology (fintech) company providing credit-based remittance services as it looks...