Peso weakens against dollar on US shutdown
THE PESO weakened against the dollar on Monday as the US government shutdown continued.
The local currency finished at P50.835 against the greenback yesterday, losing...
SSS chief seeks to increase monthly contribution rate this year
SOCIAL SECURITY System (SSS) intends to increase its monthly contribution rate to 14% this year after failing to implement the hike last year.
“We plan...
Emerging economies free of ‘original sin’; firms not forgiven
LONDON — Most developing nations have been absolved of the “original sin” that blocked them using their own currencies to raise money abroad, but...
To ICO or not to ICO? That is the question for today’s start-ups
AUNG KYAW MOE and Jun Hasegawa have a lot in common.
Both are entrepreneurs. Both left home to seek their fortunes. Both are now working...
ECB to end QE by December but should do so sooner
BENGALURU — The European Central Bank will stop printing money by the end of the year, but should do so much sooner, a majority...
T-bonds to fetch higher yields
TREASURY BONDS (T-bonds) on offer Tuesday are likely to fetch higher yields after 10-year US Treasury yields rose to their highest levels in three...
Yields on gov’t securities show mixed movements
By Jochebed B. Gonzales,
Senior Researcher
DOMESTIC YIELDS saw mixed movements last week as market players took cues from data releases in the US even as...
Peso to strengthen vs US dollar this week
By Karl Angelo N. Vidal
THE PESO is seen to regain its strength against the US dollar this week, as solid fourth quarter Philippine...
BDO refunds victims of unauthorized withdrawals
By Melissa Luz T. Lopez,
Senior Reporter
BDO UNIBANK, Inc. has settled the account balances of depositors who have been affected by unauthorized withdrawals and purchases,...
BoP deficit doubles in 2017 after posting Dec. surplus
THE balance of payments (BoP) position returned to a surplus in December, although the deficit widened over the course of 2017, the Bangko Sentral...
BSP survey shows credit standards holding steady in Q4
BANKS generally maintained their credit standards in the fourth quarter, according to a survey conducted by the Bangko Sentral ng Pilipinas (BSP), though banks...
Peso closes stronger on weak US data, Federal gov’t shutdown fears
THE peso strengthened against the dollar on Friday, with the US currency falling back after weak US housing data, amid fears of a Federal...