Chito Sobrepeña, public servant and former Metrobank Foundation head, dies at 72
ANICETO "Chito" M. Sobrepeña, a former Cabinet Secretary who was also a long-time president of Metrobank Foundation, Inc. (MBFI), the corporate social responsibility arm...
Peso weakens further on geopolitical risks
THE PESO weakened further on Tuesday to end near its record low following fresh tariff threats from US President Donald J. Trump and rising...
Atome secures $345-M debt facility
DIGITAL FINANCE platform Atome has closed the renewal of an upsized $345-million debt facility that will help fund its continued expansion in Southeast Asia,...
Singapore Exchange proposes bond futures for India, Southeast Asia
SINGAPORE Exchange Ltd. (SGX) held multiple calls with treasury officials from global banks about introducing futures tied to some Asian government bond markets, according...
Treasury fully awards reissued 7-year bonds at lower yields
THE GOVERNMENT made a full award of the reissued Treasury bonds (T-bonds) it offered on Tuesday at lower rates as high liquidity drove demand...
Indonesia central bank to continue intervening to defend depreciating rupiah
JAKARTA — Indonesia’s central bank will continue intervening in the foreign exchange markets to ensure moves in the rupiah exchange rate reflects the currency’s...
BDO says bond funded motorcycle loans
BDO UNIBANK, INC. said proceeds from its ASEAN sustainability bonds were used to finance motorcycles for more than 68,000 workers, supporting livelihoods across the...
Visa, GCash launch cross-border funding for OFWs, tourists
VISA has partnered with GCash to roll out cross-border account funding solutions, providing overseas Filipino workers (OFWs) and tourists easier access to international funds.
“Visa...
LANDBANK raises bond target to P30 billion
LAND BANK of the Philippines (LANDBANK) has raised the minimum target for its dual-tenor sustainability bond offering to P30 billion, up from the initial...
Fitch: Philippine banks stable amid flood mess
THE PHILIPPINE banking sector faces potential challenges this year as a flood control corruption scandal weighs on economic growth, Fitch Ratings said.
“Obviously, the flooding...
BSP 7-day term deposit yields dip
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) seven-day term deposits fell slightly on Wednesday as investors priced in a possible policy easing at...
PERA could boost returns for state pension funds
STATE PENSION FUNDS in the Philippines could unlock higher returns while reducing market risks by linking stock investment loan programs to the personal equity and retirement account (PERA) framework, analysts said.