IC sets 2-month window for PUV insurance accreditation
THE INSURANCE COMMISSION (IC) said it would accept applications for accreditation under the passenger personal accident insurance (PPAI) program for public utility vehicles (PUV)...
Digital transparency for a cleaner Philippine budget
By Reynaldo C. Lugtu, Jr.
Corruption in public spending isn’t an abstraction for Filipinos; we see it every time a “completed” project turns out to be a patch of...
Term deposit yields dip on BSP, Fed easing bets
THE BANGKO SENTRAL ng Pilipinas’ (BSP) term deposits continued to fetch lower yields on Wednesday on bets of further monetary easing here and in...
Peso sinks to three-week low as Powell signals caution on cuts
THE PESO sank to a three-week low against the dollar on Wednesday after US Federal Reserve officials gave a cautious view on future cuts...
US tariffs to hit Asia-Pacific growth, says S&P
THE UNITED STATES' tariff policies may affect growth and credit conditions in Asia-Pacific economies in the coming months as the boost from the frontloading...
Ex-BoJ policymaker Adachi says October hike can’t be ruled out
TOKYO — The Bank of Japan (BoJ) is likely to revise up its economic and inflation forecasts in its next quarterly review, which could...
Asialink’s loan disbursements to women entrepreneurs hit P525 million
ASIALINK Finance Corp. has released P525.148 million in loans to over 1,000 entrepreneurs under its lending program for women-led businesses, its top official said...
GSIS continuously reviewing investment policies, Veloso says
THE GOVERNMENT Service Insurance System (GSIS) will continue to review its policies for investments after the agency’s president and officials were investigated for purchasing...
Fed’s Powell strikes middle path on inflation, jobs, as others take sides
WASHINGTON - US Federal Reserve Chair Jerome Powell said on Tuesday the central bank needed to continue balancing the competing risks of high inflation...
Mixed Fed messages lead to partial bond award
THE GOVERNMENT made a partial award of its dual-tranche offer of Treasury bonds (T-bonds) on Tuesday amid weak demand for the longer tenor as...
Increased life, nonlife insurance coverage to boost PHL economic output
INCREASING insurance protection can boost Philippine gross domestic product (GDP) by at least 2.9% by 2050 as it can improve human capital, working conditions,...
BSP’s net income drops by 17.8% in the first half
THE BANGKO SENTRAL ng Pilipinas’ (BSP) net profit dropped by 17.8% in the first half due to lower revenues.
The central bank’s net income declined...