Peso moves closer to P57 level as Iran-Israel conflict continues
THE PESO dropped against the dollar for a seventh straight session on Wednesday to close near the P57 level as market sentiment stayed gloomy...
Demand for premium insurance rises with global travel disruptions
LONDON/NEW YORK — With flight cancellations, delays and other disruptions on the rise, leisure travelers are being increasingly discerning over the level and type...
Yields on term deposits mixed before BSP meet
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits ended mixed on Wednesday as the two-week tenor went undersubscribed before an expected cut...
Fed keeps rates steady but pencils in two cuts by end of 2025
WASHINGTON - The US central bank held interest rates steady on Wednesday and policymakers signaled borrowing costs are still likely to fall in 2025,...
BoJ’s gloomy projections suggest no hike this year, ex-top economist says
TOKYO — The Bank of Japan (BoJ) is likely to hold off raising interest rates this year unless a dramatic, positive turn of events...
Peso extends losing streak to hit near three-month low vs dollar
THE PESO plummeted to a near three-month low on Thursday, returning to the P57 level, after the Bangko Sentral ng Pilipinas (BSP) delivered a...
PHL banks to post double-digit loan growth, JPMorgan says
PHILIPPINE BANKS are expected to post double-digit loan growth this year on the strength of the consumer sector, JPMorgan Chase & Co. said.
The bank...
China Bank Savings targets 20% loan growth
CHINA BANK Savings, Inc. (CBS), the thrift banking arm of listed China Banking Corp. (Chinabank), is aiming to grow its loan book by 20%...
The ‘fractional executive’ and some HR developments
By Flor G. Tarriela
At the recent birthday bash of “super woman” Rosemarie “UT” Rafael, chair of Women’s Business Council, I asked Nora Terrado, founder and former chief...
Peso may remain under pressure amid worsening conflict in the Middle East
THE PESO may remain at the P57 level against the dollar this week due to worsening geopolitical concerns after the United States struck Iran’s...
Yields on gov’t debt rise amid geopolitical risks
YIELDS on government securities (GS) ended slightly higher last week amid the continued rise in US Treasuries due to safe-haven demand amid the worsening...
Yields on BSP bills go down following rate cut
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) short-term securities ended lower on Friday, even as the offer went undersubscribed, after it delivered a...