STATE-OWNED Land Bank of the Philippines (LANDBANK) released a total of P94.36 billion in cash grants to 9,670,434 beneficiaries in 2019 under various social protection programs.

PHILIPPINE SAVINGS Bank (PSBank) booked a lower net income in the first quarter as it set aside more loan provisions.

Development Bank of the Philippines (DBP) said net profit fell 7% year-on-year in the first quarter after the state-owned bank raised its provisioning level...

YIELDS ON benchmark government securities (GS) fell last week as the central bank hinted at further policy easing amid a benign inflation environment. 

In 2006, the Financial Executives Institute of the Philippines (FINEX) started the annual tradition of recognizing the country’s most outstanding chief finance officer through...

DOLLAR RESERVES slipped anew in February due to lower gold valuations, and as the central bank used the funds to intervene during the daily...

THE PESO rebounded against the dollar on Monday as banks pocketed gains ahead of the Holy Week break. The local currency closed at P52.215 against...

THE PESO is seen to move sideways against the US dollar this week amid easing geopolitical tensions and expected mixed economic data in the...

DEMAND for term deposits grew even weaker yesterday, with banks crowding the week-long tenor as they take a wait-and-see stance on developments in financial markets.

THE PESO rebounded slightly versus the dollar on Friday, even as it almost hit the P54 level intraday, following the local central bank’s hint of another rate hike this month.

YIELDS ON Treasury bonds (T-bond) on offer on Tuesday are expected to decline, with Treasury bill (T-bill) rates seen to move sideways, ahead of the release of November inflation data.

LONDON — Mario Draghi’s dramatic Tuesday hints of further monetary easing by the European Central Bank have stabilized collapsing euro zone inflation expectations, but the departing ECB chief will struggle to calm market fears of Japan-style economic stagnation.