Peso up ahead of inflation data
THE PESO strengthened against the dollar on Tuesday as the market expects slower June inflation.
The local currency closed at P55.23 versus the dollar on...
Gov’t partially awards T-bills as rates rise
THE GOVERNMENT made a partial award of the Treasury bills (T-bills) it offered on Monday as rates climbed due to hawkish remarks from the...
BSP cancels licenses of two money service firms
THE MONETARY BOARD has revoked the operating licenses of two money service firms, the central bank said.
The policy-setting body of the Bangko Sentral ng...
Manulife Philippines appoints new officials
THE MANUFACTURERS LIFE Insurance Co. (Phils.), Inc. (Manulife Philippines) has appointed a new chief financial officer (CFO) and chief risk officer (CRO), it said...
Peso weakens anew against the dollar on BSP rate bets
THE PESO weakened anew against the dollar on Monday as the Bangko Sentral ng Pilipinas (BSP) is expected to keep its key rate steady...
Rates of Treasury bills, bonds may go up
RATES of the Treasury bills and bonds on offer this week could rise to track secondary market levels due to hawkish signals from the...
Digital payments increase in 2022
ONLINE PAYMENTS rose further in 2022 as more consumers and businesses used digital channels for transactions for speed and convenience, the Bangko Sentral ng...
Yields on government debt climb
YIELDS on government securities (GS) rose nearly across the board last week after the hawkish stance signaled by central banks in the US and...
Peso likely to strengthen further ahead of June inflation data
THE PESO is expected to strengthen further against the dollar this week ahead of the release of June Philippine inflation data and minutes of...
Philippine bond dynamics poised for shakeup due to policy pivot
Shorter-maturity Philippine bonds look increasingly favorable relative to longer-dated ones, aided by the central bank’s pivot to an easing stance, which will also boost...
Term deposit yields end mixed on hawkish Fed
YIELDS on the term deposits of the Bangko Sentral ng Pilipinas (BSP) were mixed on Thursday amid hawkish signals from central banks abroad.
Bids for...
BSP says lack of internet connectivity is a hurdle to PalengQR PH rollout
THE BANGKO SENTRAL ng Pilipinas (BSP) is looking to work with the Department of Information and Communications Technology (DICT) to address the lack of...