Insurance sector books higher premiums
THE INSURANCE INDUSTRY’s combined premium income increased by 14.1% last year, with the life sector making up 80% of the total, the Insurance Commission...
Peso hits near four-month high as dollar falls on weak US data
THE PESO jumped to a near four-month high against the dollar on Wednesday following the release of softer-than-expected US retail sales data that could...
US household credit troubles tick up in 2025
OVERALL CREDIT TROUBLES in the US increased modestly but held at low levels during the fourth quarter as some parts of the mortgage market...
PDIC’s deposit insurance claim payouts reach P107M
PHILIPPINE DEPOSIT Insurance Corp. (PDIC) paid P106.9 million in claims last year to depositors of two banks that were shut down by the central...
Treasury fully awards reissued 10-year bonds
THE GOVERNMENT fully awarded the Treasury bonds (T-bonds) it offered on Tuesday as players moved to lock in still-high yields amid expectations of a...
Private wealth investors favor Asia, emerging markets, Metrobank says
METROPOLITAN Bank & Trust Co. (Metrobank) is seeing its high-net-worth and ultra-high-net-worth clients investing more in Asia and emerging markets amid volatility in developed...
Peso weakens as markets eye key US data
THE PESO went down against the dollar on Tuesday as market players stayed on the sidelines before key US economic data releases later this...
Climate risk threatens sovereign credit ratings for dozens of countries
NATIONS that pollute the least are among the most vulnerable to disasters and face the highest barriers to the financing they need to protect...
BTr upsizes T-bill award as yields ease further
THE GOVERNMENT increased the amount of Treasury bills (T-bills) it awarded on Monday as yields continued to go down across the board and as...
GCash eyes sustained growth as payments, lending expand
GLOBE FINTECH Innovations, Inc. (Mynt), operator of GCash, eyes sustained growth as it works to expand access to financial services via its digital payments...
Nonbanks’ domestic claims rise
NONBANK FINANCIAL FIRMS’ domestic claims rose as of the third quarter of 2025 amid higher claims from depository firms, the central government, and other...
Peso weakness may persist as slowing exports put pressure on external position
FITCH SOLUTIONS unit BMI expects the peso to weaken to the P59.50 level against the dollar by the end of the year due to...
