Indonesia’s central bank keeps rates steady, focuses on rupiah’s stability
JAKARTA — Indonesia’s central bank held its policy rates unchanged for a third straight meeting on Wednesday, maintaining its focus on supporting the rupiah...
Financial system resources grow to P35.3 trillion
THE TOTAL RESOURCES of the Philippines’ financial system climbed to over P35 trillion as of October, preliminary data from the Bangko Sentral ng Pilipinas...
Peso climbs to two-week high
THE PESO surged to a two-week high against the dollar on Tuesday amid a decline in global oil prices.
The local unit climbed by 32...
Nasdaq seeks to extend trading hours as Wall Street gears up for 24/7 move
NEW YORK — Nasdaq, one of the world’s largest exchanges that is home to tech companies Nvidia, Apple and Amazon, is planning to submit...
M Pioneer’s SafeTrip travel insurance now available on Maya app
MAYA GROUP has partnered with M Pioneer Insurance Inc. to offer travel insurance via its app.
M Pioneer’s comprehensive travel insurance product called SafeTrip is...
PayPal files for bank charter in lending push
PAYMENTS FIRM PayPal said on Monday it has applied to establish a bank in the United States, as companies rush to capitalize on a...
BTr fully awards last T-bill offer as yields mostly move sideways
THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday at mixed rates amid weakening market activity before the...
Asialink secures $50M in fresh funds under ADB credit facility
ASIALINK FINANCE Corp. (AFC) has secured $50 million in additional funding support as it looks to expand its lending to micro, small, and medium...
Deutsche Bank sees 25-bp cut in Feb.
THE BANGKO SENTRAL ng Pilipinas (BSP) might deliver a sixth straight rate cut at its first policy meeting next year as weak domestic and...
Peso inches up as markets await US jobs data
THE PESO edged up against the dollar on Monday but stayed at the P59 level as markets turned cautious before the release of US...
T-bill rates may drop on BSP cut
RATES of the Treasury bills (T-bills) on offer this week could end slightly lower after the Bangko Sentral ng Pilipinas (BSP) lowered borrowing costs...
UnionDigital Bank expects to breakeven next year on better asset quality
UNIONDIGITAL Bank, Inc. (UD) aims to breakeven by the second half of 2026 as it plans to expand its lending while managing its asset...