Regulation slowed response to Credit Suisse crisis, SNB says
THE CRISIS at Credit Suisse Group AG this year, which led to its near collapse and takeover by UBS Group AG, demonstrated that existing...
Smart farming in Bukid Amara and the Agri mentors
By Flor G. Tarriela
The Agri Mentor Me Program was initiated in 2017 by Go Negosyo Founder Joey Concepcion with Arsenio “Toto” Barcelona, president of Harbest Agribusiness. Toto...
Peso inches up versus the dollar
THE PESO inched higher against the dollar on Thursday after the Bangko Sentral ng Pilipinas (BSP) kept benchmark interest rates unchanged at its policy...
Yields on central bank’s term deposits slip after Fed pause
YIELDS on the central bank’s term deposits slipped on Wednesday following the widely expected pause from the US Federal Reserve and ahead of the...
Outstanding PHL bonds up by 3.1% in the first quarter
THE PHILIPPINE bond market grew faster in the first quarter versus the previous three-month period as the government frontloaded its borrowings, the Asian Development...
Digital payments now make up over 40% of retail transactions, BSP chief says
THE SHARE of digital payments in the total volume of retail transactions in the country is now at over 40% amid a surge in...
Peso weakens vs dollar ahead of Powell testimony
THE PESO weakened against the dollar on Wednesday ahead of potentially hawkish remarks from US Federal Reserve Chair Jerome H. Powell’s testimony to the...
Government fully awards bonds at lower rate ahead of BSP meet
THE GOVERNMENT made a full award of the reissued seven-year Treasury bonds (T-bonds) it auctioned off on Tuesday at a lower average rate ahead...
BSP rolls out coin deposit machines in malls
THE BANGKO SENTRAL ng Pilipinas (BSP) has launched coin deposit machines (CoDMs) in retail establishments across the greater Manila area to help improve the...
Sun Life Philippines targets Gen Z customers to boost growth
SUN LIFE of Canada (Philippines), Inc. is targeting to attract more Generation Z customers to boost its growth, its top official said.
“It’s really a...
Peso strengthens further versus dollar
THE PESO strengthened further against the dollar on Tuesday ahead of the Bangko Sentral ng Pilipinas’ (BSP) rate-setting meeting this week.
The local currency closed...
Gov’t partially awards T-bill offer as yields climb across the board
THE GOVERNMENT made a partial award of the Treasury bills (T-bills) it offered on Monday as yields rose across the board following the US...