BoJ chief flags March, April rate hike chance
TOKYO — Bank of Japan (BoJ) Governor Kazuo Ueda said the central bank will scrutinize data at its March and April meetings in deciding...
Yields on BSP’s term deposits drop further after latest rate cut
THE BANGKO SENTRAL ng Pilipinas’ (BSP) one-week term deposits continued to fetch lower yields on Wednesday as it cut benchmark interest rates further amid...
Sun Life Philippines, Pioneer Insurance top 2025 industry rankings for premiums
SUN LIFE of Canada (Philippines), Inc. (Sun Life Philippines) and Pioneer Insurance and Surety Corp. were the top life and nonlife insurers in the...
Peso rises to new five-month high as tariff jitters drag dollar
THE PESO appreciated to a new five-month high against the dollar on Wednesday as renewed tariff uncertainty dragged the dollar.
The local unit surged by...
Philippines may draw $3 billion if added to JPMorgan bond index
THE PHILIPPINES may see inflows of about $3 billion if the nation’s government bonds are added to JPMorgan Chase & Co.’s benchmark emerging-market index...
Treasury raises P35 billion via dual-tenor bonds
THE GOVERNMENT fully awarded the dual-tenor Treasury bonds (T-bonds) it offered on Tuesday as the issues fetched mixed yields, with escalating tensions between the...
Peso slides vs dollar on fresh tariff concerns
THE PESO weakened versus the dollar on Tuesday after US President Donald J. Trump imposed temporary tariffs after the US Supreme Court struck down...
Banks’ trust assets grow to P5.7 trillion
THE Philippine banking system’s trust assets ended at a record high of P5.696 trillion in 2025 amid the continued expansion of unit investment trust...
RCBC’s 2025 net profit rises 11% to P10.6 billion
RIZAL COMMERCIAL Banking Corp. (RCBC) recorded an 11% increase in its net income last year to P10.6 billion as its core businesses continued to...
GSIS looks to improve its lending programs
THE GOVERNMENT Service Insurance System (GSIS) plans to make its lending programs more competitive versus those offered by private creditors as it looks to...
BTr upsizes Treasury bill award as yields drop across all tenors
THE GOVERNMENT increased the volume of Treasury bills (T-bills) it awarded on Monday as yields continued to decline after the Bangko Sentral ng Pilipinas...
PNB’s 2025 net profit climbs 20%
PHILIPPINE NATIONAL Bank’s (PNB) net income jumped by 20% in 2025 as its consumer business posted strong growth.
The bank’s attributable net profit rose to...