Gov’t makes partial award of Treasury bills
By Melissa Luz T. Lopez, Senior Reporter
THE GOVERNMENT made a partial award of the P15 billion worth of Treasury bills (T-bills) it offered yesterday,...
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.
Philippine Central Bank Disqualifies Bankers Linked to Wirecard
The Philippine central bank said it will ban from the industry former bank employees who allegedly falsified documents for German payments company Wirecard AG.
Bayad Center rebrands as it ramps up online presence
BILLS PAYMENT firm CIS Bayad Center, Inc. had rebranded to Bayad as it boosts its digital presence.
Peso rises versus dollar on higher reserves level
THE PESO strengthened against the dollar on Monday on the back of data showing a continued increase in the country’s dollar reserves amid the coronavirus pandemic.
Yields on government debt mixed after dovish comments from Bangko Sentral
YIELDS on government securities (GS) ended mixed last week after the Bangko Sentral ng Pilipinas (BSP) signaled two more rate cuts this year amid...
Prioritization of bill on deposit secrecy crucial amid ‘limited’ legislative window
Making the measure to ease the Bank Secrecy Law a priority for the remainder of President Rodrigo R. Duterte’s term is a welcome development...
Atome secures $75 mln financing from Lending Ark to expand in the Philippines
SINGAPORE - Southeast Asian "buy now pay later" provider or fintech firm, Atome, said on Monday that it has secured a $75 million asset-backed...
Peso rises on inflation data, remittance flows
THE PESO strengthened to its best level in three months on Tuesday, as the inflation print for October released yesterday was as expected, supported by remittance flows.
Yields on term deposits drop on tax flows, gov’t euro bond issue
YIELDS on the central bank’s term deposits inched down on Wednesday on flows from the April deadline of tax payments and following the government’s return to the global bond market.
BSP targets street stalls in e-money push
PHILIPPINE central bank Deputy Governor Mamerto Tangonan has long wanted to make electronic money so ubiquitous that one could pay at a street stall via mobile phone. Now he’s leading the bank’s digital drive.
Gov’t targets 2-4% headline inflation until 2020
By Melissa Luz T. Lopez,
Senior Reporter
THE GOVERNMENT has kept its 2-4% inflation target until 2020, with the central bank seeing that price increases will...