BPI hopes to beat 2025 results as rate cuts drive loan demand
BANK of the Philippine Islands (BPI) hopes to beat its 2025 performance this year as further monetary easing could help drive loan demand despite...
LANDBANK starts public offer of 1.5-, three-year sustainability bonds
LAND BANK of the Philippines (LANDBANK) on Wednesday began the public offering of its dual-tenor sustainability bonds.
The state-run bank has priced the Agriculture, Sustainability,...
Peso hits 1-month high on dollar’s slump
THE PESO jumped to a one-month high against the dollar on Wednesday as US President Donald J. Trump said the greenback’s value remains “great”...
Term deposit yield slips as demand wanes
THE BANGKO SENTRAL ng Pilipinas’ (BSP) one-week term deposits fetched a slightly lower average yield on Wednesday even as the offer was undersubscribed, as...
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...