Landbank books higher income
LAND BANK of the Philippines (Landbank) saw its net income grow in 2017 on the back of its robust core revenues.
In a statement sent...
BDO Leasing profit steady in 2017
BDO LEASING and Finance, Inc. (BDO Leasing) booked a steady net income in 2017 as higher gross revenues were tempered by higher funding and...
Bank of America commits to London despite Brexit
BANK OF AMERICA Corp. is the latest overseas bank to commit its long-term future to the United Kingdom even as the country prepares for...
Sustainable business: transcending CSR theaters
By Benel D. Lagua
Recent developments across the globe have tested companies in a number of ways. Corporate citizenship, philanthropy and social innovation have been swiftly thrust into...
Peso ends flat on FOMC meeting minutes
THE PESO closed flat against the dollar on Thursday following the release of hawkish minutes of the January meeting of the US Federal Reserve.
The local currency...
Yields on term deposits inch up despite strong investor demand
By Melissa Luz T. Lopez,
Senior Reporter
YIELDS on term deposits offered by the Bangko Sentral ng Pilipinas (BSP) inched higher yesterday despite strong demand, which...
UnionBank of the Philippines raises P3 billion from LTNCD offering
By Karl Angelo N. Vidal
UNIONBANK of the Philippines raised P3 billion from its long-term negotiable certificates of deposit (LTNCD), which it wants to use...
Generali Life Assurance Philippines looking to expand presence, products
LIFE INSURER Generali Life Assurance Philippines, Inc. (General Philippines) is seeking to expand its presence in the Philippines as it intends to take advantage...
Peso strengthens as sentiment improves
THE PESO strengthened against the dollar on Wednesday, Feb. 21, as the central bank was suspected to continue intervening amid a big bond sell-off...
Gov’t partially awards T-bonds
THE GOVERNMENT made a partial award of fresh 20-year Treasury bonds (T-bonds) it offered yesterday as investors sought higher returns on the back of...
Bank of Japan likely to stay on path to ‘virtual normalization’
THE Bank of Japan (BoJ) will likely continue its “virtual normalization” of monetary policy under its new leadership, former board member Takahide Kiuchi said....
Peso rebounds as regulator intervenes in market
THE PESO rebounded against the dollar on Tuesday as the Bangko Sentral ng Pilipinas (BSP) intervened to cap its weakness.
The local currency closed at...