Debt yields rise as market turns cautious
YIELDS on government securities (GS) traded in the secondary market mostly climbed last week as the market remained cautious after the US government shut...
Peso may rise further as gov’t shutdown weighs on US dollar
THE PESO may rise further against the dollar this week as the US government’s operations remain halted, resulting in market uncertainty.
On Friday, the local...
Loan growth slows to nine-month low in August
BANK LENDING growth eased to a nine-month low in August as loans for business activities expanded at a slower pace, the Bangko Sentral ng...
BPI Wealth targets 20% AUM growth
THE WEALTH management arm of Bank of the Philippine Islands (BPI) aims to grow its assets under management (AUM) by 20% this year as...
Peso up as uncertainty weighs on dollar
THE PESO continued to climb on Thursday as the dollar remained under pressure due to concerns over the US government’s shutdown.
The local unit closed...
Sustainability goes hand in hand with ethics
By Flor G. Tarriela
Sustainability is more than a buzzword. The United Nations defines it as “meeting the needs of the present without compromising the ability of future...
Philippine bonds supported by favorable demand-supply dynamics
Philippine bonds may be rescued from a bout of underperformance by rising foreign demand in tandem with lower borrowings from the government.
The share of...
Widely-used stablecoins need to be regulated like money, BoE’s Bailey says
LONDON - Any stablecoin that becomes widely used as a means of payment in Britain needs to be regulated like money in a standard...
Death toll from Philippine quake rises to 72
MANILA - The death toll from a magnitude 6.9 earthquake that struck off the central Philippines late on Tuesday has risen to 72, the...
TDF yields drop further
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits dropped further on Wednesday as the offer was met with strong demand amid expectations...
Banks’ outstanding foreign currency loans climb to $15.9B at end-June
OUTSTANDING LOANS released by banks’ foreign currency deposit units (FCDU) increased at end-June, the Bangko Sentral ng Pilipinas (BSP) reported.
FCDU loans inched up by...
Peso rebounds as dollar weakens due to US government shutdown
THE PESO rebounded on Wednesday as the dollar was hit by the US government’s shutdown.
The local unit closed at P58.12 versus the greenback, rising...