Peso weakens vs dollar as FATF adds the Philippines to ‘gray list’
THE PESO weakened versus the greenback on Monday as the Philippines was included in the list of countries that will be subjected to increased monitoring to prove its progress against money laundering and terrorist financing.
Peso down on corporate demand, US deal with EU
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.
Peso ends flat ahead of Fed meeting
THE PESO closed nearly flat against the greenback on Tuesday as investors wait for the result of the US Federal Reserve’s policy meeting.
Peso strengthens vs dollar after Fed policy decision
THE PESO appreciated against the dollar on Thursday after the US Federal Reserve kept rates unchanged at its policy meeting.
The local unit closed at...
Positive impact finance
By Benel D. Lagua
Developed by a group of banking and investor members of the United Nations Environment Programme Financial Institutions (UNEP-FI), the Positive Impact Principles are a...
Peso climbs as oil prices drop
THE PESO rose against the dollar on Thursday following the decline in global crude oil prices after the world’s biggest oil exporters pushed back...
Mobility for the vaccinated
By J. Albert Gamboa
The Financial Executives Institute of the Philippines (FINEX) has expressed support for the proposed “bakuna bubbles” that will allow greater mobility for fully vaccinated people while protecting the unvaccinated.
With Japan’s new central bank boss, Kishida bids farewell to Abenomics
TOKYO, Feb 17 (Reuters) - For Prime Minister Fumio Kishida, Japan's next central bank chief had to symbolize a departure from the unconventional policies...
IC places GHSI under conservatorship
THE INSURANCE COMMISSION (IC) has placed health maintenance organization (HMO) Getwell Health Systems, Inc. (GHSI) under conservatorship for failing to meet capitalization, financial capacity...
Gov’t fully awards 10-year T-bonds
THE GOVERNMENT made a full award of the reissued 10-year Treasury bonds (T-bond) it auctioned off yesterday as rates settled within expectation as the market expects the central bank to halt its easing cycle as it reviews policy settings this week.
RCBC net profit rises to five-year high
RIZAL COMMERCIAL Banking Corp. (RCBC) booked a five-year high net income of P7.083 billion in 2021 following the improved performance of its core businesses and the normalization of its loan loss provisions.
Yields on gov’t debt rise
YIELDS on government securities (GS) traded in the secondary market rose slightly last week amid geopolitical concerns abroad.