SSS revenues exceed target in 2017
SOCIAL SECURITY System (SSS) breached its revenue target in 2017 on the back of its intensified collection efforts.
In a statement sent to reporters on...
Metrobank’s P60-B SRO ‘credit positive’ — Moody’s
MOODY’S INVESTORS Service tagged the stock rights offering (SRO) to be conducted by Metropolitan Bank & Trust Co. (Metrobank) as “credit positive” for the...
Powell’s Federal Reserve to show policy caution, shun political friction
WASHINGTON -- Jerome Powell heads for his first interest rate increase as Federal Reserve Chairman this week with an unanswered question looming above others:...
Citigroup wants more senior women at Asia markets unit as it seeks parity
CITIGROUP Inc. wants to achieve parity between male and female managing directors at its markets business in Asia within three to five years, joining...
Peso weakens ahead of Fed meet
THE PESO weakened against the dollar yesterday ahead of the monetary policy meeting of the US central bank.
The local currency ended Monday’s session at...
Ten-year Treasury bonds to fetch higher rates ahead of Fed review
TREASURY BONDS (T-bonds) on offer tomorrow are seen to fetch higher yields as investors seek higher returns ahead of the policy meetings of the...
Yields on gov’t debt drop
TRADING IN government securities (GS) was muted last week, causing yields to flatten, amid bargain hunting as investors watched developments in the United States...
Indonesian banks likely to see ‘more than 12%’ loan growth
LONDON -- Indonesian banks will see “more than 12%” loan growth in 2018 thanks to a recovering global economy and a pickup in commodity...
Peso to move sideways
THE PESO is seen to move sideways against the dollar this week ahead of the monetary policy meetings of the Bangko Sentral ng Pilipinas...
BPI wins approval from PSE for up to P50-B rights offer
BANK of the Philippine Islands (BPI) said it obtained approval from the Philippine Stock Exchange (PSE) to conduct a stock rights offering (SRO), with...
Peso closes stronger as trade war fears sink dollar
THE peso strengthened against the dollar Friday, Mar 16 with the US currency weakened by fears of a broader trade war after the White...
eCompareMo uses AI to help loan, card seekers
C88 FINANCIAL Technologies Pte Ltd., owner and operator of website eCompareMo, is using artificial intelligence and data technologies to serve its customers as it...