Banks’ foreign currency loans climb to $15.6 billion at end-2025
OUTSTANDING LOANS granted by banks’ foreign currency deposit units (FCDU) at end-2025 slipped year on year but edged up from the previous quarter, the...
Peso hits new record low as war risks spook traders
THE PESO on Tuesday ended at a new all-time low for the eighth time this month as the widening Middle East war caused investors...
PhilHealth aims to break even after 2025 net loss
THE PHILIPPINE Health Insurance Corp. (PhilHealth) targets to break even this year as it received a subsidy under the 2026 budget that includes the...
Philippines’ net external liability narrows to $50.8 billion at end-2025
THE PHILIPPINES’ international investment position (IIP) narrowed at the end of 2025 as its external assets grew faster than its external liabilities, the Bangko...
Metrobank campaign seeks to help Filipinos navigate economic turbulence
METROPOLITAN Bank & Trust Co. (Metrobank) has launched a financial education campaign that aims to help Filipinos safeguard their funds amid these challenging economic...
Powell says Fed can ‘wait and see’ how war affects inflation
CAMBRIDGE, Massachusetts — Federal Reserve Chair Jerome Powell on Monday said the US central bank can wait to see how the Iran war affects...
Bond market activity may slow as war drives up rates
CORPORATE BOND issuances and trading could slow this year due to the Middle East war, which could stoke inflation and increase the possibility of...
IC sets deadlines for MBAs’ adoption of new frameworks on reserve valuation, capital
THE Insurance Commission (IC) said mutual benefit associations (MBA) must adopt new regulatory frameworks on reporting, reserve valuation, and risk-based capital in their financial...
Japan steps up yen intervention threats, signals rate-hike chance
TOKYO — Japan stepped up yen intervention threats and signaled that further falls in the currency could justify a near-term interest rate hike, as...
InLife market share now at 7.5%
INSULAR LIFE Assurance Co., Ltd. (InLife) has achieved a 7.5% market share in the Philippines’ life insurance industry following strong new business growth last...
Peso may extend its slide on war-driven uncertainty
THE PESO could sink further against the dollar this week as uncertainty around energy supply persists due to the Middle East war.
On Friday, the...
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...