LANDBANK sets P35-B profit goal
LAND BANK of the Philippines (LANDBANK) is targeting a net income of P35 billion this year, higher than the P30.1-billion profit it recorded in...
Life insurers eyeing fixed-income market for infrastructure financing
MEMBERS of the Philippine Life Insurance Association, Inc. (PLIA) are looking to tap the fixed-income securities market to participate in infrastructure financing, the group’s...
BPI’s wealth management arm changes business name
THE ASSET MANAGEMENT arm of listed Bank of the Philippine Islands (BPI) has changed its business name to BPI Wealth — A Trust Corporation.
BPI...
Peso drops ahead of US CPI report
THE PESO weakened against the dollar on Tuesday as the market was cautious ahead of the release of the January US consumer price index...
BTr partially awards Treasury bills at higher rates
THE GOVERNMENT made a partial award of the Treasury bills (T-bills) it auctioned off on Monday as rates were higher across all tenors as...
FWD Life Philippines appoints new president
FWD LIFE Insurance Corp. (FWD Life Philippines) will have a new chief executive officer (CEO) starting next month, the company said on Monday.
Its parent...
Regional court convicts owner of money changer
THE Regional Trial Court of Batangas City has convicted the owner of a money changer for operating without securing a license from the Bangko...
Peso weakens as US inflation, rate hike bets fuel dollar’s rise
THE PESO weakened on Monday due to broad dollar strength ahead of the release of the January US consumer price index (CPI) report on...
Treasury bills seen to fetch slightly higher rates
RATES of the Treasury bills (T-bills) on offer this week could be steady or slightly higher, tracking secondary market levels ahead of the Bangko...
Yields on government debt rise as Jan. inflation hits fresh 14-year high
YIELDS on government securities (GS) increased last week as headline inflation accelerated to a fresh 14-year high in January, which could prompt the Bangko...
Peso may drop vs dollar ahead of BSP policy review
THE PESO may weaken against the dollar this week as the market expects a big rate hike from the Bangko Sentral ng Pilipinas (BSP)...
GSIS mobile app users exceed 500,000
GOVERNMENT Service Insurance System’s (GSIS) mobile app recorded 506,040 registered users and an average of 25,000 users after a year of being available to...