Peso strengthens as market digests Fed guidance
THE PESO strengthened against the dollar on Monday as the market continued to digest the US Federal Reserve’s rate cut last week and policy...
Easing inflation, index inclusion hopes boost foreign flows into PHL gov’t bonds
SLOWING INFLATION and the country’s potential inclusion in the JPMorgan Chase & Co.’s emerging market government bond index have boosted foreign inflows into Philippine...
Asia-Pacific banks struggling to hyper-personalize — FICO
BANKS in Asia-Pacific are struggling to implement hyper-personalization strategies even as most of them already use predictive analytics as they look to deliver the...
Treasury bill, bond rates likely to decline further
RATES of the Treasury bill (T-bill) and Treasury bonds (T-bonds) to be offered this week may decline further as hopes for looser monetary conditions...
Peso may move sideways as market awaits more Fed hints
THE PESO could continue to sideways against the dollar this week as investors remain cautious as they await further policy guidance from US Federal...
Further BSP easing likely as growth outlook remains ‘delicate’
THE BANGKO SENTRAL ng Pilipinas (BSP) may cut benchmark interest rates again in December to prop up the economy as consumer sentiment remains weak...
Yields go down as Fed resumes its easing cycle
YIELDS on government securities (GS) traded at the secondary market went down across all tenors last week as the market priced in the US Federal Reserve’s first rate cut for this year and expectations of further easing amid signs of weakness in the world’s largest economy.
BSP bills fetch mixed yields
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) short-term securities were mixed on Friday, even as demand was strong as it offered a lower...
BDO dismisses ‘baseless’ viral claims on unauthorized transactions
BDO Unibank, Inc. said on Thursday that a viral social media post alleging there was system compromise and insider involvement in unauthorized transactions is...
Peso weakens past P57 after Fed signals more cuts later this year
THE PESO slipped back to the P57-a-dollar level on Thursday after the US Federal Reserve delivered a widely expected rate cut and hinted at...
BPI unveils insurance for freelancers, entrepreneurs
BANK OF THE PHILIPPINE ISLANDS (BPI), in partnership with BPI MS Insurance Corp., has launched an accident insurance plan tailored for freelancers, consultants, digital...
FWD Life eyes high net-worth business in the Philippines
FWD Life Philippines is looking to launch its high net-worth insurance business in the country, as it seeks to replicate its success in other...