EXPECTATIONS of faster economic growth in the US pushed yields on local government securities (GS) north last week, coupled with hawkish comments by the Bangko Sentral ng Pilipinas (BSP) governor that fuelled bets of another rate hike in August.

SY-LED BDO Unibank, Inc. reported a P13.1-billion net income as of end-June, slipping from a year ago amid lower non-interest gains and bigger operating costs.

THE PESO gained strength versus the dollar on Friday, with hawkish remarks from the Bangko Sentral ng Pilipinas (BSP) boosting the currency to a one-month high.

MAJORITY OF Filipinos are now eager to pay electronically, Visa, Inc. said in a report, even as it flagged concerns on connectivity and infrastructure.

THE ASSET MANAGEMENT and trust arm of Manufacturers Life Insurance Co. (Phils.), Inc. (Manulife) launched an equity fund that seeks to invest in Asian companies.

THERE is an impassioned, mostly millennial community that I accidentally discovered online. This is the FIRE community, an acronym for “financial independence, retire early.” As the acronym suggests, the goal of this movement is to gain financial independence, and this means getting away from reliance on paid employment to keep going and retiring early from corporate bondage.

THE PESO depreciated against the dollar on Thursday due to corporate demand following the “favorable” agreement between the United States and the European Union on trade policies.

YIELDS ON term deposits floated by the Bangko Sentral ng Pilipinas (BSP) saw mixed movements this week, as banks crowded shorter tenors but asked for bigger returns for month-long placements.

SECURITY BANK Corp. expects its loan growth to slow down this year due to high base effects after its rapid retail loan growth in 2017.

THE PESO strengthened to hit three-week high against the dollar on Wednesday as the market continued to wait for the central bank’s policy decision amid hints on a fresh hike.

PHILIPPINE SAVINGS Bank (PSBank) has started its offer of long-term negotiable certificates of deposit (LTNCD), which will be used to expand its consumer banking segment.

ELECTRONIC payments service provider TrueMoney Philippines has partnered with WorldRemit to launch an international remittance service in the country.