Yields on 7-day deposits slip on demand
YIELDS on the central bank’s term deposit facility (TDF) dipped on Wednesday as oil prices continued to correct amid renewed demand.
BSP fully awards one-month bills
THE BANGKO SENTRAL ng Pilipinas (BSP) made a full award of its short-term securities on Friday to raise P60 billion on strong demand amid...
Central bankers comb for crypto clues as Bahamas launches ‘Sand Dollar’
LONDON — It didn’t seem like a revolution.
Peso steady on subdued trade ahead of holidays
THE PESO ended steady against the greenback on Monday, backed by remittance flows despite some uncertainties on a US stimulus bill as well as the rise in coronavirus infections.
BSP to prioritize financial stability as pandemic continues
THE CENTRAL BANK will prioritize financial stability as the coronavirus pandemic stretches on, Bangko Sentral ng Pilipinas Governor Benjamin E. Diokno said on Friday.
“Supervisory...
More financial institutions allowed to access credit information system
THE CREDIT Information Corp. (CIC) has on-boarded more financial institutions that will gain access to credit data, which could help borrowers get financing.
Pandemic increases interest in retirement planning
THE PERCENTAGE of Filipinos who started thinking about their retirement plans was the highest in Asia as the coronavirus pandemic pulled down household incomes, a survey by Manufacturers Life Insurance Co. (Phils.), Inc. (Manulife Philippines) showed.
Peso strengthens against dollar ahead of US data
THE PESO moved sideways against the greenback on Tuesday ahead of US economic data.
The local currency closed at P51.18 against the dollar yesterday, 2.5...
Peso weakens on dollar rally ahead of Fed
THE PESO weakened on Wednesday as the dollar rallied ahead of the conclusion of the US Federal Reserve’s policy meeting.
The local currency closed at...
Treasury bills rates expected to move sideways
YIELDS ON Treasury bills (T-bills) on offer today are seen to move sideways, after the government’s offering of retail bonds attracted strong demand last week.
Peso rebounds amid lingering overseas concerns
THE PESO strengthened versus the dollar on Friday to log its best showing in a week, as market players unwound their long positions and amid disappointing economic data in the United States.
Stimulating Fil-Am trade and tourism
By J. Albert Gamboa
ANAHEIM, CALIFORNIA — Bacolod City’s award-winning MassKara Dance Troupe has invaded the happiest place on earth — Disneyland Resort — which had just opened its newest themed area known as Star Wars: Galaxy’s Edge. Yesterday, the MassKara dancers performed at the Disney California Adventure theme park here in Anaheim, the most populous city in Orange County just south of Los Angeles.