Rates of T-bills, bonds likely to follow secondary market prices
RATES of Treasury bills (T-bills) and Treasury bonds (T-bonds) on offer this week could track secondary market levels as investors anticipate the central bank’s...
Bank seeks to boost Islamic finance in PHL
A TURKISH LENDER is in talks with the Bangko Sentral ng Pilipinas (BSP) to help set up Islamic banks and Islamic banking units (IBUs)...
Yields on government debt end mixed
YIELDS on government securities (GS) traded in the secondary market were mixed last week following the result of the Treasury’s bond (T-bond) auction and...
Peso to move sideways amid rate worries
THE PESO is expected to move sideways against the dollar this week as strong US consumer spending data fueled expectations of more rate hikes...
Biden nominates former Mastercard CEO Ajay Banga to head World Bank
WASHINGTON - US President Joe Biden nominated former Mastercard Inc. CEO Ajay Banga to lead the World Bank, betting the India-born executive's ties to the private sector and emerging markets will jump-start the 77-year-old institution's overhaul to...
Metrobank’s net income climbs 47.93% to P32.78 billion in 2022
METROPOLITAN Bank & Trust Co. (Metrobank) saw its net income rise by 47.93% in 2022 amid the improved performance of its consumer and corporate...
DBP books P5.6 billion in net earnings in 2022
DEVELOPMENT BANK of the Philippines (DBP) saw its net profit climb by 50% to P5.61 billion in 2022 on the back of improved interest...
AIA Philippines launches investment management arm
AIA Investment Management on Thursday launched AIA IM and Trust Corp. Philippines (AIM IM Philippines), which specializes in long-term investing focused on sustainability for...
Offense and defense strategies for Asia-Pacific CEOs
By Wilson P. Tan
CEOs today around Asia-Pacific are shifting from years of rapid development and scale to making strategic decisions that prioritize resilience, efficiency, and quality —...
Peso climbs as oil prices drop
THE PESO rose against the dollar on Thursday as global crude oil prices dropped to two-week lows, helping ease inflation concerns.
The local currency closed...
Term deposit yields climb after BSP rate hike, hawkish signals
YIELDS on term deposits rose on Wednesday as both tenors were oversubscribed after the Bangko Sentral ng Pilipinas (BSP) hiked borrowing costs during their...
Robinsons Bank launches automated savings feature for online banking app
ROBINSONS BANK Corp. on Wednesday announced that they are launching an automated savings feature for their online banking app RBank Digital.
The savings feature called...