Waning demand at recent debt sales suggests next quarter is going to be a difficult one for Southeast Asian bonds.

By Luz Wendy T. Noble, Reporter  Rates for the fully-awarded short-term debt instruments of the Bangko Sentral ng Pilipinas (BSP) slightly rose on Friday, following...

The Philippine bond market expanded in the second quarter as the government continued to borrow funds for its coronavirus disease 2019 (COVID-19) response, the...

The peso strengthened on Friday after central bank data showed net outflows of foreign portfolio investments fell month-on-month in August. The local unit closed at...

The Bangko Sentral ng Pilipinas on Friday released the rules on applicable annual supervisory fees for lenders and other financial institutions for this year. The...

THE Philippine Competition Commission (PCC) has approved the acquisition by Thailand-based Bank of Ayudhya Public Co. Ltd. of 50% of the outstanding capital stock of Security Bank Corp.’s consumer finance subsidiary.

PHILIPPINE banks should develop a clear strategy for the use of artificial intelligence (AI) and build digital and data technologies faster, a global business analyst said.

The Bayanihan to Recover as One Act set aside an allocation of P55 billion to provide low interest loans to sectors severely affected by the coronavirus pandemic. Of this amount, P18.4725 billion is for the Land Bank of the Philippines, P10 billion for Small Business Corp. (P4 billion for MSMEs, cooperatives, hospitals and overseas Filipino workers and P6 billion for tourism); P6 billion for the Development Bank of the Philippines; and P5 billion for the Philippine Guarantee Corp. The remaining P15.5275 billion is a standby fund to be infused into Landbank and DBP as additional capital.

THE peso further weakened on Thursday as investors took profit in US stocks amid the rising number of cases of coronavirus disease 2019 (COVID-19) abroad.

YIELDS ON term deposits auctioned off by the Bangko Sentral ng Pilipinas (BSP) mostly inched up on Wednesday following the release of data showing a budget deficit in August.

TRUST CORPORATIONS will now be allowed to sell unit investment trust funds (UITFs) through individual and institutional agents to level their playing field with banks that have broad distribution networks, the central bank said.

THE PESO inched lower versus the dollar on Wednesday after the government posted a wider budget deficit in August amid lower revenues.