T-bill, bond rates to track secondary mart levels
RATES of Treasury bills (T-bills) and bonds (T-bonds) to be auctioned off this week may inch higher, mirroring the slight upward correction in secondary...
Central bank approves framework for merchant payment acceptance
THE BANGKO SENTRAL ng Pilipinas (BSP) has approved a regulatory framework for merchant payment acceptance activities to protect both customers and merchants from risks.
“The...
Yields on gov’t securities inch up on high bond supply
YIELDS on government securities (GS) traded in the secondary market ended mostly higher last week following the results of the Treasury’s 10-year bond auction,...
Peso may rise before US PCE
THE PESO may strengthen against the dollar this week ahead of the release of June US personal consumption expenditures (PCE) index data on Friday...
Philippines posts $155 mln balance of payment deficit in June
MANILA - The Philippines' overall balance of payments (BOP) position in June was a deficit of $155 million, compared with a surplus of $2...
BPI net income jumps by 17.5% in Q2 on strong revenue growth
BANK of the Philippine Islands (BPI) saw its net income grow by 17.5% year on year to P15.3 billion in the second quarter on...
GoTyme deposits hit P17 billion
GOTYME BANK has booked P17.3 billion in deposits to date, driven by a surge in new customers, it said on Thursday.
The digital bank has...
What’s at the turn of the corner?
By Flor G. Tarriela
Tulay Sa Pag-unlad, Inc. (TSPI), a Christian microfinance NGO, held a planning session cum retreat at EDSA Shangri-La on June 28-30. Attendees were the...
Peso climbs further as Fed officials boost hopes of September rate cut
THE PESO extended its rise against the dollar on Thursday as comments from US Federal Reserve officials supported bets of a September rate cut...
ECB rates seen firmly on hold, but door to September cut still open
FRANKFURT - The European Central Bank is all but certain to keep interest rates unchanged on Thursday while signaling that its next move is still set...
Term deposit yields go down as Fed turns dovish
YIELDS on the term deposits offered by the Bangko Sentral ng Pilipinas (BSP) inched lower on Wednesday amid dovish signals from the US Federal...
BSP pushes wider use of PERA program as take-up remains slow
WIDER USE of the Personal Equity and Retirement Account (PERA) can help increase government savings, which could be used for other investments that would...