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...
Court convicts owner of money service business
AN OWNER of a money service business (MSB) was convicted for operating without securing a license with the Bangko Sentral ng Pilipinas (BSP), for...
Boosting FDIs through economic charter change
By J. Albert Gamboa
VIETNAM has overtaken the Philippines in terms of gross domestic product (GDP) per capita. The latest national accounts data from the World Bank (WB)...
Peso climbs further as dollar weakens amid slowdown fears
THE PESO strengthened on Thursday amid broad dollar weakness due to concerns over the health of the world’s largest economy.
The local currency closed at...
BSP sets liquidity, capital requirements for e-money issuers
THE BANGKO SENTRAL ng Pilipinas (BSP) has set liquidity and capital requirements for e-money issuers (EMIs) based on the scale of their operations to...
Loan growth to slow amid high inflation, rates — S&P
S&P GLOBAL RATINGS sees the Philippine banking sector posting single-digit loan growth this year amid rising interest rates and elevated inflation.
Ivan Tan, director for...