Peso slips with PHL growth seen missing gov’t target
THE PESO slipped against the dollar on Tuesday on economic growth concerns and ahead of key US data to be released on Friday.
The local...
Gov’t hikes award of T-bills on strong demand
THE GOVERNMENT hiked the volume of Treasury bills (T-bills) it awarded on Monday as the offer was met with robust demand and all tenors...
DBP to ask for dividend, regulatory relief as it seeks to rebuild its capital
THE DEVELOPMENT Bank of the Philippines (DBP) is planning to seek dividend and regulatory relief again from the central bank to rebuild its capital,...
Peso climbs to over one-month high as dollar drops on Fed concerns
THE PESO rose to an over one-month high on Monday as the dollar was dragged lower by concerns over the impending change in leadership...
BSP partners with DICT for digitalization initiatives
THE BANGKO SENTRAL ng Pilipinas (BSP) has signed a memorandum of agreement with the Department of Information and Communications Technology (DICT) to provide infrastructure...
UnionDigital offers unlimited, free InstaPay transfers until yearend
UNIONDIGITAL Bank, Inc. (UD), the digital banking arm of listed Union Bank of the Philippines, Inc., is offering unlimited and free fund transfers via...
T-bill, bond rates may be mixed on easing hopes
RATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) on offer this week could end mixed as the market prices in expectations of...
DBP eyes peso bond issue late next year
THE DEVELOPMENT BANK of the Philippines (DBP) is planning to tap the domestic bond market again in the second half of 2026 to raise...
Yields on gov’t debt rise on profit taking
YIELDS on government securities (GS) ended mostly higher last week as market players repositioned before the month’s end amid domestic political concerns and with...
Peso may remain at P58:$1 level on improving sentiment
THE PESO is seen holding within the P58-per-dollar level this week on improved market sentiment after S&P Global Ratings last week affirmed the Philippines’...
BSP bills’ average yield edges up despite oversubscription
THE Bangko Sentral ng Pilipinas’ (BSP) one-month securities fetched a higher average rate on Friday despite strong demand as it made a partial award...
RCBC sees increased credit card usage
RIZAL COMMERCIAL Banking Corp. (RCBC) saw increased use of credit cards among its clients leading up to the holidays, showing sustained consumer confidence and...