THE PESO is poised to strengthen further this week as central banks around the world continue to ease monetary policy, with the Bangko Sentral ng Pilipinas (BSP) expected to follow suit in its review this week.

DAVAO CITY -- BDO Network Bank, the rural bank of BDO Unibank Inc., is looking at doubling its branches and offices to 480 within the next four years as the bank intensifies its lending to micro, small and medium enterprises (MSME).

FEDERAL RESERVE policy makers generally sound open to reducing interest rates again, though they’re far from committing to do so.

THE peso appreciated against the dollar on Friday after monetary policy decisions from several central banks this week, including the US Federal Reserve cutting interest rates.

STATE-OWNED Development Bank of the Philippines (DBP) has signed a P1.65-billion loan agreement with Terasu Energy, Inc. to finance the construction of a renewable energy power plant in Concepcion,Tarlac.

THE central bank will issue P20 coins starting December to cut costs, Bangko Sentral ng Pilipinas Governor Banjamin E. Diokno said on Friday.

THE COUNTRY’S balance of payments (BoP) position yielded a surplus for a second straight month in August on foreign currency deposits from the government and income from the central bank’s offshore investments, the Bangko Sentral ng Pilipinas (BSP) reported on Thursday.

METROPOLITAN Bank & Trust Co. (Metrobank) is eyeing to issue up to P25 billion worth of long-term negotiable certificates of deposit (LTNCD) to raise fresh funds and diversify its sources of financing.

With the advent of Republic Act No. 11232, otherwise known as the “Revised Corporation Code of the Philippines,” (RCC) which became effective on Feb. 23, one need not assemble a group of at least five individuals in order to establish a Philippine domestic corporation.

THE PESO edged up on Thursday on positive sentiment following the US Federal Reserve’s decision to cut benchmark rates anew.

THE PHILIPPINES was the second-fastest growing bond market in the second quarter among emerging East Asia region, even as expansion was at a “modest” pace amid slower government issuances, the Asian Development Bank (ADB) reported on Wednesday.

TERM DEPOSIT yields were mixed on Wednesday on the back of an escalation of oil prices brought about by worries from the attack on Saudi Arabia’s oil facility.