ECB’s hawkish plans set to face bolder opposition on SVB fallout
THE EUROPEAN Central Bank’s (ECB) plans for more big interest rate hikes are set to meet stronger opposition this week after the collapse of...
Peso weakens vs dollar as trade deficit widens to five-month high in Jan.
THE PESO weakened against the dollar on Tuesday after the country’s trade deficit reached a five-month high in January.
The local currency closed at P55.08...
Philippine banks not exposed to Silicon Valley Bank – BSP governor
MANILA - Philippine banks have no reported exposure to the collapsed Silicon Valley Bank, the Southeast Asian nation's central bank governor said on Monday.
Banks'...
Gov’t partially awards T-bill offer as investors ask for higher yields
THE GOVERNMENT partially awarded the Treasury bills (T-bills) it auctioned off on Monday due to tepid demand as investors wanted higher yields.
The Bureau of...
BSP approves consolidation of three cooperative banks
THE BANGKO Sentral ng Pilipinas (BSP) has approved the consolidation of three cooperative banks and allowed a rural bank to start its operations.
The central...
Peso climbs vs dollar on dovish Fed bets after collapse of two US banks
THE PESO strengthened on Monday as concerns over the US banking sector weighed on the greenback.
The local currency closed at P54.93 versus the dollar...
Treasury bill, bond rates seen to move sideways
RATES of Treasury bills (T-bills) and Treasury bonds (T-bonds) may move sideways due to US economic data that could affect the US Federal Reserve’s...
Yields mixed on inflation data, Powell comments
YIELDS on government securities (GS) traded at the secondary market ended mixed last week following slower February inflation, the movement of US Treasuries and...
Peso may drop on hawkish Fed bets
THE PESO is expected to weaken against the dollar this week following hawkish comments from the US central bank chief and stronger US employment...
Inflation, cybersecurity key concerns for Philippine microfinance industry
ELEVATED INFLATION will be a key risk for the microfinance industry and its customers this year as customers will find it more difficult to...
The Filipino entrepreneur
By Flor G. Tarriela
FINALLY, we have an entrepreneurship textbook by a Filipino for Filipinos. This is the main objective for the book The Filipino Entrepreneur – Opportunities and Strategies in a Growth Economy by Deogracias “Sonny” Vistan.
Peso climbs as dollar slips from three-month high
THE PESO rebounded on Thursday as the dollar inched lower, despite the release of strong US data that affirmed expectations of a hawkish US...