Bond market counts losers and winners
ONE OF THE MOST lucrative places for this year’s bond investor was in mines from Brazil to Mexico. One of the worst was North...
Peso inches higher as market consolidates
THE PESO continued to inch higher against the dollar on Friday as the market consolidated amid stronger-than-expected US retail sales data.
The local currency closed...
Fitch upgrades lenders’ ratings
FITCH RATINGS raised its scores for government-owned Land Bank of the Philippines (Landbank) and Development Bank of the Philippines (DBP) to investment grade following...
Peso edges up as Fed hikes rates
THE PESO continued to move sideways against the dollar on Thursday as positive developments on the Philippine tax reform package tempered effects of the US Federal...
Skills of the future
Reynaldo C. Lugtu, Jr.
What are the skills needed in the future workplace in 2020 and beyond? This was the question I sought to answer in front of...
Central bank cuts TDF offerings as demand continues to weaken
By Melissa Luz T. Lopez,
Senior Reporter
THE CENTRAL BANK will not offer month-long term deposits next week amid feeble demand for these instruments, with market...
BSP studying applications from players eyeing to set up virtual currency exchanges
THE Bangko Sentral ng Pilipinas (BSP) is evaluating 12 applications from new players looking to set up virtual currency exchanges in the country amid...
Peso sideways ahead of Fed decision, BSP meet
THE PESO moved sideways against the dollar on Wednesday as the market was cautious ahead of the result of the US Federal Reserve meeting.
The...
RCBC expects loan growth to slow amid shift in focus
RIZAL COMMERCIAL Banking Corp. (RCBC) expects its loan growth to slow down next year as it veers towards loans to consumers and small and...
Big banks’ NPLs rise 9%
By Melissa Luz T. Lopez,
Senior Reporter
BAD DEBTS held by big banks grew by nearly a tenth in October but accounted for an even smaller...
BSP sees ‘muted’ impact from fresh US interest rate hike
FINANCIAL MARKETS could see some hiccups as a response to a fresh interest rate hike in the United States, although its impact is expected...
Peso slips against dollar
THE PESO slipped against the dollar yesterday as the Philippines posted its biggest monthly trade deficit on record.
The local unit closed at P50.51 against...