THE BANK of Japan (BoJ) sparked a sharp slide in the yen by doubling down on its promise to defend a rock-bottom yield target that leaves it as a dovish outlier as other major central banks move to tighten monetary policies.

BANK of the Philippine Islands (BPI) will continue to digitize its services while mitigating cybersecurity risks as more customers are now at ease with online transactions.

THE CENTRAL BANK reviewed fewer loan proposals from local government units (LGUs) in the second half of 2021, which were mostly meant for infrastructure.

THE year 2021 has been touted by experts, analysts, and enthusiasts as the year cryptocurrency went mainstream. Why? Because the blockchain-powered digital asset drew about $30 billion from venture capitalists in 2021, more than in all previous years, according to a Bloomberg report.

THE PESO weakened versus the greenback on Thursday following news of the detection of a case of the new sub-variant of the coronavirus disease 2019 in the country and data showing a net “hot money” outflow last month.

YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits inched higher as the offer was undersubscribed after the central bank said it could hike rates earlier than planned and amid risk-off sentiment ahead of the national elections.

SINGAPORE is girding to tackle white-collar cases that are expected to become more complex as the city-state expands as a global financial hub.

THE PESO strengthened versus the greenback for the second straight day as the government’s budget gap narrowed on the back of improved revenues.

Lista, a free bookkeeping app for small and mid-sized businesses, has launched itsIpon Challenge, which encourages Filipinos to set savings goals through the app’s new Savings and Sales Target features. The former allows users to track their savings, whereas the latter allows them to set business profit targets. 

THE GOVERNMENT partially awarded the reissued Treasury bonds (T-bonds) it offered on Tuesday as investors asked for higher yields on expectations of rate hikes from the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP).

THE CENTRAL BANK started its phased issuance of limited polymer P1,000 bills for trial circulation to lenders last week.

LAND BANK of the Philippines (LANDBANK) has issued cash cards to 9.8 million individuals as of end-March to allow them to receive subsidies from the Department of Social Welfare and Development (DSWD), the lender said in a statement on Tuesday.