Debt yields fall on BSP bets after GDP, inflation
YIELDS on government securities (GS) traded in the secondary market fell last week on expectations of more rate cuts by the Bangko Sentral ng Pilipinas (BSP) following data showing weaker economic growth and below-target inflation.
BPI’s e-wallet VYBE targets to grow user base
BANK of the Philippine Islands’ (BPI) e-wallet VYBE has partnered with self-service kiosk provider Pay&Go to offer free cash-in services as it targets to...
Benign inflation gives BSP space to cut rates
SLOWER-THAN-EXPECTED October inflation gives the Bangko Sentral ng Pilipinas (BSP) leeway to continue its easing cycle to support the economy, analysts said.
“Sub-target inflation provides...
Chinabank posts P20.2-B profit as of September
CHINA BANKING Corp. (Chinabank) saw its consolidated net income grow by 10% year on year to P20.2 billion in the first nine months of...
Peso slides further before GDP report
THE PESO slid further against the dollar on Thursday on market expectations of weaker Philippine gross domestic product (GDP) growth last quarter.
The local unit...
Confidence before capital
By EJ Qua Hiansen
The Philippine Stock Exchange index (PSEi) has declined by 17% over the past decade, even as the economy expanded and corporate profits grew and...
GoTyme Bank customer base hits 7.8 million at end-October
GOTYME BANK’S customer base reached over 7.8 million as of end-October as it marked its third anniversary, driven by its partnerships and expanding touchpoints.
“Three...
Allianz PNB Life launches plan, benefits for single parents
ALLIANZ PNB Life Insurance, Inc. has launched a product suite for single parents that includes a life and health protection plan and exclusive benefits.
Allianz...
LANDBANK net income climbs to P35.64 billion
LAND BANK of the Philippines’ (LANDBANK) net income surged by 41.79% in the first nine months of 2025 on the strength of its core...
Seven-day term deposits fetch lower yields as inflation data bolster easing bets
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) seven-day term deposits dropped on Wednesday as the offer drew strong demand on slower-than-expected inflation in...
Mastercard appoints new PHL country head
MASTERCARD has appointed Jason Crasto as its new country manager for the Philippines to lead its business operations.
Mr. Crasto succeeded Simon Calasanz, who held...
Peso slides after inflation report
THE PESO weakened against the dollar on Wednesday as steady October inflation supported expectations of a December rate cut by the Bangko Sentral ng...