Pag-IBIG Fund on track to hit 2025 net income target after record 1st half
THE HOME Development Mutual Fund or the Pag-IBIG Fund is on track to post another record-high net income this year.
“We are on track for...
PDIC partners with World Bank unit to develop risk-based premium assessment system
THE PHILIPPINE Deposit Insurance Corp. (PDIC) has partnered with the World Bank Group’s International Bank for Reconstruction and Development (IBRD) to study and develop...
Peso depreciates before key US inflation report
THE PESO dropped against the dollar on Thursday as the market awaited the release of August US consumer price index (CPI) data overnight that...
Fearless Justice Conchita Carpio-Morales
By Flor G. Tarriela
It was more than a book launch — it was a tribute to courage, industry, and integrity. Held July 16 at the Makati Shangri-La,...
Peso slides past P57 on higher jobless rate and weak FDI data
THE PESO SLIPPED past the P57-a-dollar mark on Wednesday as traders reacted to weaker domestic economic data, including a higher unemployment rate and slower...
PUV accident insurance rules updated
THE INSURANCE COMMISSION (IC) has revised the framework for passenger personal accident insurance covering public utility vehicles (PUV), introducing stricter rules on claims, fund...
Bangko Sentral term deposit yields fall after Treasury bond maturity
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposit facility (TDF) slipped on Wednesday as strong demand followed the maturity of almost P289 billion in government bonds.
BPI, Security Bank join ‘green’ alliance
BANK of the Philippine Islands (BPI) and Security Bank Corp. have joined the International Finance Corp.’s (IFC) Alliance for Green Commercial Banks, a network...
Wise launches business account for Filipino MSMEs
GLOBAL cross-border payment platform Wise has introduced a business account in the Philippines to help freelancers, micro, small and medium enterprises (MSME) and entrepreneurs...
Gov’t fully awards reissued bonds at lower rates
THE GOVERNMENT made a full award of the reissued seven-year Treasury bonds (T-bonds) it offered on Tuesday at a lower average rate on strong...
BSP makes fresh push for bank secrecy amendments
THE BANGKO SENTRAL ng Pilipinas (BSP) is renewing its push for amendments to the country’s bank deposit secrecy laws as part of its priority...
Islamic insurance’s growth in PHL may take years as awareness remains low
PRU LIFE Insurance Corp. of UK Philippines (Pru Life UK) expects takaful or Islamic insurance to start gaining momentum in two to three years...