Kuroda joins queue of central banks looking toward exit
THE END of the easy money era which spanned the global economy for the last decade came into even sharper focus as the Bank...
Peso sinks to P52:$1 level anew
THE PESO weakened against the dollar on Monday, touching the P52 level anew, as market players reduced their position ahead of the February inflation...
BSP unlikely to introduce another TDF tenor
By Melissa Luz T. LopezSenior Reporter
THE CENTRAL BANK is unlikely to introduce a new tenor for its term deposit facility (TDF) anytime soon, a...
Debt yields up as market eyes Fed, BSP hikes
YIELDS ON government securities (GS) continued to rise last week as traders remained cautious on growing expectations of rate hikes from the US Federal...
Five-year bonds to fetch higher rates at auction
By Karl Angelo N. Vidal
TREASURY BONDS (T-bonds) on offer tomorrow are seen to fetch higher yields as investors factor in market jitters caused by...
Peso to strengthen amid mixed signals abroad
THE PESO will likely strengthen against the dollar this week on the back of expectations of a faster inflation print as well as mixed...
FINTQ to offer 1 million free microinsurance policies
FINTQnologies Corp. (FINTQ), the financial technology arm of Voyager Innovations, Inc., is offering one million free microinsurance policies to unbanked and underserved Filipinos.
FINTQ said...
Peso little changed on bank profit-taking as Fed moderates view on overheating
THE peso strengthened slightly against the dollar on Friday on the back of profit-taking by banks.
The currency ended the week at P51.90, two centavos...
Landbank may pay more for PDS stake
By Melissa Luz T. Lopez
Senior Reporter
LAND BANK of the Philippines (Landbank) is willing to acquire the controlling stake in the country’s fixed-income exchange for...
EastWest Bank books double-digit growth in income as core businesses expand
EAST WEST Banking Corp. (EastWest Bank) booked a double-digit growth in its net income in 2017 on the back of the robust performance of...
BPI looking to set up BanKo branch in ARMM, 14 others in Mindanao
VALENCIA, BUKIDNON -- Ayala-led Bank of the Philippine Islands (BPI) is planning to open a branch of its microfinance subsidiary BPI Direct BanKo Inc....
Creating new value in financial services
By J. Albert Gamboa
SINGAPORE -- A new era has dawned on the financial services industry. With continued acceleration of the Digital Age, the industry needs to find...