PCC clears FPG-Mercantile merger
THE Philippine Competition Commission (PCC) said on Wednesday that it has cleared the proposed merger between nonlife insurers FPG Insurance Co., Inc. and The...
Crypto money-laundering hit $82 billion in 2025, researchers say
MONEY LAUNDERERS received at least $82 billion in cryptocurrencies last year, up sharply from $10 billion in 2020, driven in part by fast growth...
BTr partially awards bond offer at mixed yields
THE GOVERNMENT made a partial award of the dual-tenor Treasury bonds it offered on Tuesday at mixed yields as lingering global uncertainties kept market...
BSP books lower end-October net income as revenues decline
THE BANGKO SENTRAL ng Pilipinas’ (BSP) net income slipped in the 10 months ended October as it posted lower revenues during the period.
The central...
Peso falls on Trump’s Korea tariff threat
THE PESO dropped to the P59-per-dollar level again on Tuesday as US President Donald J. Trump threatened to impose higher tariffs on South Korea.
The...
IC closes pre-need firm Danvil Plans
THE INSURANCE COMMISSION (IC) has closed pre-need firm Danvil Plans, Inc. following nearly a decade of liquidation proceedings.
The company has been released from the...
Treasury upsizes T-bill award as demand surges
THE GOVERNMENT hiked the amount of Treasury bills (T-bills) it sold on Monday as demand for the offer surged, resulting in lower yields across...
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...