Gov’t makes full award of 10-year Treasury bonds
THE GOVERNMENT fully awarded the reissued bonds it offered on Tuesday amid strong demand for the papers and expectations of slower US consumer inflation...
IC increases benefit claim limits for third-party vehicle liability insurance
THE INSURANCE COMMISSION (IC) has raised the caps on benefits that may be claimed by third parties under the compulsory motor vehicle liability insurance...
France plans measures to lure private equity, bankers
PARIS — France wants to make it easier for private equity funds to invest in listed companies and less costly for finance firms to...
Peso climbs to three-month high
THE PESO climbed to a three-month high against the dollar on Tuesday on expectations of softer US consumer price index (CPI) data for February.
The...
Gov’t fully awards T-bills as rates retreat
THE GOVERNMENT fully awarded Treasury bills (T-bills) at an auction on Monday as rates mostly fell amid a large amount of retail Treasury bond...
Rural bank consolidation won’t ensure agri lending, experts say
A PHILIPPINE central bank plan to consolidate rural banks could boost their capital but will not ensure lending to the agriculture sector, according to industry experts.
eTap eyes 2,000 more payment kiosks in 2024
PAYMENT KIOSK operator Electronic Transfer & Advance Processing, Inc. (eTap) expects to add 2,000 kiosks nationwide to 3,500 by yearend, the company said in...
Peso appreciates to 2-month high
THE PHILIPPINE peso appreciated to a two-month high as the dollar hovered at two-month lows amid falling global oil prices.
It closed at P55.37 a...
Philippine T-bills, T-bonds may track US job data
THE RATES of Treasury bills (T-bills) and (T-bonds) would move this week depending on the results of US nonfarm payroll data, traders said at...
Philippine lenders may remain profitable in Q1 amid high rates
PHILIPPINE BANKS are expected to remain profitable this quarter as interest rates and demand for loans remain elevated.
Upper mid-income status to boost insurance growth
THE PHILIPPINE industry could hit its full growth potential once the country achieves upper middle-income status, an industry player said.
“We already reached $3,000 per...
Gov’t debt yields flat as prices quicken
YIELDS on government securities ended flat last week after inflation quickened in February.
The yields rose by 1.41 basis points (bps) on the average week...