BSP bills fetch lower yields on strong demand
THE ONE-MONTH securities offered by the Bangko Sentral ng Pilipinas (BSP) fetched a lower average rate on Monday amid strong demand despite the larger...
Peso rises vs dollar before inflation, GDP data
THE PESO rose against the dollar on Monday after mostly trading sideways as the market stayed cautious before the release of key economic data...
Sun Life Philippines launches investment-linked life plan
SUN LIFE of Canada (Philippines), Inc. (Sun Life Philippines) has launched an investment-linked life policy with a quick application process.
Sun Life EasyLink Protect provides...
Treasury bills, bonds may fetch mixed rates as Fed view shifts
RATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) to be offered this week could end mixed following hawkish signals from the US...
EastWest Bank expects 10-15% loan growth
EAST WEST Banking Corp. (EastWest Bank) expects its loan portfolio to grow between 10% and 15% this year, backed by the strength of its...
Peso may move sideways before data
THE PESO could move sideways against the dollar this week before the release of October Philippine inflation data.
On Thursday, the local unit closed at...
Debt yields end mixed amid market volatility
YIELDS on government securities (GS) were mixed last week amid broad market volatility due to developments at home and overseas, with the peso hitting...
Pacquiao launches MannyPay e-wallet
FORMER SENATOR Emmanuel “Manny” D. Pacquiao has launched MannyPay, an electronic wallet that promises lower transfer fees and will eventually feature remittance and cryptocurrency...
BPI upgrading fraud systems to comply with anti-scam law
BANK of the Philippine Islands (BPI) is working to comply with the enhanced fraud and risk management systems required under the Anti-Financial Account Scamming...
Asia United Bank’s nine-month net earnings up 9%
ASIA UNITED BANK Corp.’s (AUB) net profit rose by 9% year on year in the first nine months, backed by higher revenues.
AUB booked a...
The coming AI bubble
By Reynaldo C. Lugtu, Jr.
I keep hearing people say that the rise of artificial intelligence (AI) will change everything. And I agree. But I also think something else...
Peso slumps anew on Fed’s hawkish tilt
THE PESO weakened anew against the dollar on Thursday after the US Federal Reserve chief said their latest rate cut could be the last...
