Hugot lines on a two-year pandemic
By Benel D. Lagua
Hugot is the Tagalog word describing a set of emotions encapsulated in phrases or sentences. The creative minds behind these striking captions are mostly the millennials reflecting on their experiences in life.
Term deposit yields down on Omicron fears
YIELDS on the central bank’s term deposits slipped on Wednesday, as demand inched higher due to ample liquidity and amid concerns on the impact of the Omicron variant.
Insurance brokers see more than P70 billion in premiums
INSURANCE brokers generated a total of P73.61 billion in premiums in 2020, earning P8.07 billion in commissions.
Emerging markets seen rising in 2022
EMERGING-MARKET assets are set to rise in 2022 as moderating inflation and accelerating growth trigger gains, but it won’t happen until the second half of the year.
Peso retreats to P51 per dollar
THE PESO succumbed to the greenback and reached its weakest in 21 months amid concerns over higher coronavirus disease 2019 (COVID-19) infections in the country.
UnionBank says charges filed versus four after fraud incident
UNIONBANK of the Philippines, Inc. has pressed charges against persons involved in a fraud incident where the bank was among financial institutions that received unauthorized fund transfers from accounts of some BDO Unibank, Inc. clients.
BSP urges lenders to look into climate change risks in light of Typhoon Odette
TYPHOON Odette’s impact brings to light the need for financial institutions to include climate change and environmental risks in assessing their financial position in cases of major weather disturbances, according to the Bangko Sentral ng Pilipinas (BSP).
DBP launches loan program for merchant solar farm developers
STATE-OWNED Development Bank of the Philippines (DBP) launched a new loan for solar power developers in a bid to support renewable energy investments.
Peso weakens amid news of new virus cases
THE PESO weakened versus the greenback on Tuesday amid concerns over higher cases of coronavirus disease 2019 (COVID-19) in some countries due to the Omicron variant.
Peso weakens as surge in virus cases poses risks to recovery
THE PESO weakened against the dollar on Monday as an Omicron variant surge in various countries weigh on economic recovery.
Sun Life leads insurance industry in premium income — IC report
SUN LIFE of Canada (Philippines), Inc. led the industry in premium income for 2020, the Insurance Commission (IC) said in its assessment of the firms’ annual statements.
Global bond winners for 2021 all came from emerging markets
EMERGING-MARKET bonds were supposed to be dragged down this year as central banks moved toward withdrawing stimulus. Instead, the best-performing global debt was all from developing nations.