BSP bills fetch mixed rates
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) short-term securities ended mixed on Friday as the one-month tenor went undersubscribed.
The BSP bills fetched bids...
Yields end mixed amid cautious trade
YIELDS on government securities (GS) traded in the secondary market were mixed last week as the market was in a cautious mood after the...
Peso to move sideways amid fresh tariff wave
THE PESO could trade sideways against the dollar this week as the market remains cautious after the Trump administration announced new tariffs over the...
Asia-Pacific banks struggling to keep up with rapid AI dev’t
BANKS in the Asia-Pacific (APAC) region are struggling to maximize the benefits of artificial intelligence (AI) technologies amid rapid digitalization and the lack of...
RCBC Trust eyes double-digit growth in assets under management this year
RCBC TRUST Corp., the stand-alone trust and investment arm of listed Rizal Commercial Banking Corp. (RCBC), saw its assets under management (AUMs) rise by...
Fed minutes show little support for July rate cut
WASHINGTON — Only “a couple” of officials at the US Federal Reserve’s June 17-18 meeting said they felt interest rates could be reduced as...
The importance of strengthening K-to-12
By EJ Qua Hiansen
In Nelson Mandela’s words, “Education is the most powerful weapon which you can use to change the world.” In the Philippine context, giving our...
Peso up as markets weigh new tariff developments
THE PESO climbed on Thursday after US President Donald J. Trump’s announcement of a 50% tariff on copper weighed on the greenback.
The local unit...
Yields on term deposits decline further with more BSP cuts seen
TERM DEPOSIT YIELDS continued to go down on Wednesday, even as the offer was undersubscribed, as inflation remained below target despite the slight uptick...
BDO targets to raise at least P5 billion from offering of sustainability bonds
BDO UNIBANK, Inc. is targeting to raise at least P5 billion from its latest offering of peso sustainability bonds.
BDO on Wednesday kicked off its...
House bill seeks to amend bank deposit secrecy law to boost BSP supervision
A BILL seeking to amend the Philippines’ decades-old bank deposit secrecy law to allow the central bank to examine select accounts to improve transparency...
FinTech Alliance pledges stricter safeguards vs online gambling risks
MEMBERS of FinTech Alliance Philippines will implement stricter safeguards and control mechanisms for the use of digital payment platforms for online gaming activities to...