BSP to use regulatory and supervisory technology
By Melissa Luz T. Lopez
Senior Reporter
THE CENTRAL BANK is looking to roll out digital tools within the year to tighten its watch on the...
Gov’t to tap panda bond market anew
THE GOVERNMENT will “most likely” tap the renminbi debt market as one of its regular financing sources after it saw robust demand at its...
Peso seen weakening
THE PESO is seen to weaken against the dollar this week on the back of upbeat US economic reports and hawkish expectations on the...
Yields on term deposits end mixed
By Melissa Luz T. Lopez, Senior Reporter
YIELDS on term deposits saw mixed movements on Wednesday ahead of a break from trading, matching the reduced...
FCDU loans up in 2017
FOREIGN CURRENCY loans granted by Philippine banks went up in 2017, latest central bank data showed, with bigger credit lines extended to logistics and...
Peso climbs on profit taking
THE PESO strengthened against the dollar on Wednesday on the back of profit taking ahead of the Holy Week break.
The local currency ended the...
BSP requires banks to set up e-payment channels
By Melissa Luz T. Lopez
Senior Reporter
BANKS and other financial firms are required to offer electronic payment channels for all clients and should be able...
Fed faces pro-diversity uproar on nod for Williams
THE FEDERAL RESERVE is facing a backlash over its lack of diversity in key positions after it emerged this weekend that John Williams, the...
China’s risky debt heads overseas as financial deleveraging rolls on
THE GLOBAL hunt for yield might not be as frenzied as it once was now that interest rates are rising, but for those looking...
Peso drops ahead of two-day break
THE PESO weakened against the dollar on Tuesday ahead of expected market inflows today ahead of a two-day trading break.
The local currency ended yesterday’s...
T-bills partially awarded by gov’t
THE GOVERNMENT made a partial award of the Treasury bills (T-bill) it planned to raise on Monday, with yields ending mixed as investors flocked...
Finance department asks BSP to aid Overseas Filipino Bank’s digital shift
THE FINANCE department has asked the Bangko Sentral ng Pilipinas (BSP) to pave the way for the shift to a digital banking system for...