Peso rises to new six-month high vs dollar
THE PESO posted a fresh six-month high against the dollar on Monday as easing US inflation in December 2022 fanned hopes of smaller rate...
T-bill, bond rates to track secondary mart levels
RATES of government securities on offer this week could be broadly steady and track secondary market yields amid the release of US consumer inflation...
IC affirms cease-and-desist orders against two firms
THE Insurance Commission (IC) has affirmed its cease-and-desist orders (CDO) against Mortuaries’ Cooperation Internment Assistance Group, Inc. (MCIA Group, Inc.) and Future Life Care...
Yields on government debt mixed
YIELDS on government securities (GS) were mixed last week as central banks signaled slower policy tightening amid expectations of easing inflation.
Bond yields, which move...
Peso may rise vs dollar on US CPI data
THE PESO is expected to continue rising against the dollar this week as investors price in US consumer inflation data that bolstered hopes of...
American Express partners with BDO to launch travel rewards card in PHL
AMERICAN EXPRESS Co. has partnered with BDO Unibank, Inc. to launch its travel rewards credit card in the Philippines amid a rebound in related...
Prediction vs forecast
By Reynaldo C. Lugtu, Jr.
AT the start of each year, we always read and hear about predictions and forecasts from pundits and analysts, such as “The 10 Marketing...
Peso weakens vs dollar ahead of US inflation data
THE PESO weakened against the dollar ahead of the release of December US consumer price index (CPI) data and after the Bangko Sentral ng...
Term deposit yields end mixed on rate, inflation expectations
YIELDS on the term deposits of the Bangko Sentral ng Pilipinas (BSP) ended mixed on Wednesday as the market anticipates further rate hikes, but...
Former GSIS president is new SSS chief
FORMER Government Service Insurance System (GSIS) President and General Manager Rolando L. Macasaet has been appointed as the new president and chief executive officer...
Rediscount window untapped in Dec.
BANKS did not tap the central bank’s rediscount facility in December 2022, likely amid easing bad loans and ample liquidity in the financial system,...
Peso climbs further vs dollar as Powell avoids policy outlook talk
THE PESO rose further against the dollar on Wednesday to post a fresh six-month high after US Federal Reserve Chair Jerome H. Powell avoided...