Peso may weaken against dollar due to strong US economic data
THE PESO is seen to weaken against the dollar today following likely strong US reports, although this might be tempered by expectations of a...
Loan rules for SPEs to widen credit access
UNIONBANK of the Philippines welcomed the move of the Bangko Sentral ng Pilipinas (BSP) to ease rules on the lending ceiling imposed on banks...
Treasury partially awards papers
THE AUCTION of P15 billion worth of Treasury bills (T-bills) on Monday saw mixed results as investors swarmed the shorter-dated securities but avoided the...
BSP looking to link InstaPay platform within region
By Melissa Luz T. Lopez, Senior Reporter
THE CENTRAL BANK is eyeing to link the Philippines’ InstaPay platform to other digital clearing houses within Southeast...
Philam Life sees net worth climb 53% in 2017
PHILIPPINE AMERICAN Life and General Insurance Co., Inc. (Philam Life) saw its net worth jump in 2017 on the back of improved premiums and...
UnionBank Q1 income up
UNIONBANK of the Philippines (UnionBank) saw its net income surge in the first quarter of the year as it sustained double-digit growth in its...
Peso rises to near 3-month high
THE PESO surged to a near three-month high against the dollar on Monday following an upgraded credit outlook for the Philippines.
The local currency ended...
T-bills, T-bonds seen to fetch higher rates
GOVERNMENT SECURITIES on offer this will likely fetch higher yields ahead of the monetary policy meeting of the local central bank as well as...
Yields on government debt end flat due to inflation, US Treasuries
By Christine J. S. Castañeda, Senior Researcher
YIELDS on government securities (GS) traded in the secondary market were flat last week amid developments abroad and...
Draghi, Carney drafted to study Brexit finance risks
THE EUROPEAN Central Bank and the Bank of England have been drafted in to study the threats that Brexit poses to financial services. Just...
Peso to move sideways vs dollar
By Karl Angelo N. Vidal
THE PESO is seen moving sideways against the dollar today as optimism on the back of the upgraded economic outlook...
UnionBank to use blockchain technology to help rural banks
By Karl Angelo N. Vidal, Reporter
UNIONBANK of the Philippines is embracing the blockchain technology as the lender plans to use the “disruptive” system to...