Debt yields rise as BSP easing cycle nears end
YIELDS on government securities (GS) traded in the secondary market mostly rose last week after the Bangko Sentral ng Pilipinas (BSP) signaled an imminent end to its easing cycle.
Peso to move sideways before key data releases
THE PESO could trade sideways against the dollar this week as players await the release of Philippine and US economic data.
On Friday, the local...
BSP securities fetch lower yields
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) one-month securities dropped further on Friday as the offer was oversubscribed for a third straight week.
The...
Unified lending ID system rollout on hold as SEC evaluates CIC’s platform
THE SECURITIES and Exchange Commission (SEC) is studying if it will use the Credit Information Corp.’s (CIC) existing unified lending identification (ULI) platform or...
UnionDigital Bank expects to breakeven next year on better asset quality
UNIONDIGITAL Bank, Inc. (UD) aims to breakeven by the second half of 2026 as it plans to expand its lending while managing its asset...
T-bill rates may drop on BSP cut
RATES of the Treasury bills (T-bills) on offer this week could end slightly lower after the Bangko Sentral ng Pilipinas (BSP) lowered borrowing costs...
Asialink secures $50M in fresh funds under ADB credit facility
ASIALINK FINANCE Corp. (AFC) has secured $50 million in additional funding support as it looks to expand its lending to micro, small, and medium...
Peso inches up as markets await US jobs data
THE PESO edged up against the dollar on Monday but stayed at the P59 level as markets turned cautious before the release of US...
Deutsche Bank sees 25-bp cut in Feb.
THE BANGKO SENTRAL ng Pilipinas (BSP) might deliver a sixth straight rate cut at its first policy meeting next year as weak domestic and...
BTr fully awards last T-bill offer as yields mostly move sideways
THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday at mixed rates amid weakening market activity before the...
PayPal files for bank charter in lending push
PAYMENTS FIRM PayPal said on Monday it has applied to establish a bank in the United States, as companies rush to capitalize on a...
M Pioneer’s SafeTrip travel insurance now available on Maya app
MAYA GROUP has partnered with M Pioneer Insurance Inc. to offer travel insurance via its app.
M Pioneer’s comprehensive travel insurance product called SafeTrip is...