BTr fully awards bonds
THE GOVERNMENT made a full award of its dual-tranche offering of Treasury bonds (T-bonds) on Wednesday at lower yields before an expected rate cut...
TDF yields drop before BSP meet
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits dropped on Wednesday, even as the one-week tenor went undersubscribed, ahead of the anticipated...
Health maintenance organizations post higher income in first semester
HEALTH maintenance organizations’ (HMO) combined net income surged by 131.12% year on year in the first half as they posted higher revenues.
The sector’s net...
Peso hits 3-week low ahead of BSP review
THE PESO dropped to a three-week low against the dollar on Wednesday before the Bangko Sentral ng Pilipinas’ (BSP) policy meeting, where it is...
BPI’s Limcaoco expects central bank to extend easing cycle until early next year
THE BANGKO SENTRAL ng Pilipinas (BSP) is expected to continue its easing cycle until next year to support economic activity and as inflation remains...
UITFs with foreign placements can qualify as PERA investment products, BSP says
UNIT investment trust funds (UITF) issued domestically that have placements in foreign securities or funds can be accredited as Personal Equity and Retirement Account...
Gov’t fully awards T-bill offer at lower yields before BSP review
THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Tuesday as yields dropped across the board, driven by strong...
AM Best keeps ratings, downgrades outlooks for Malayan Insurance
DEBT WATCHER AM Best has affirmed its ratings for Malayan Insurance Co., Inc. but revised the outlooks to “negative” from “stable” due to losses...
Trump attacks on Fed threaten central banks’ independence
US PRESIDENT Donald J. Trump’s continued attacks on US Federal Reserve Chair Jerome H. Powell pose a threat to global central banks’ independence, the...
Peso weakens on Fed concerns
THE PESO dropped against the dollar on Tuesday as US President Donald J. Trump’s move to fire a Federal Reserve official sparked renewed concerns...
Cybersecurity, innovation to future-proof PHL financial system
IMPROVING cyber resilience and fostering innovation to boost inclusion can help future-proof the Philippine financial system, the Bangko Sentral ng Pilipinas (BSP) chief said...
Mastercard to have new head for Asia-Pacific starting January
MASTERCARD has appointed Richard Wormald as its president for Asia-Pacific effective Jan. 1, 2026.
Mr. Wormald, who is currently Mastercard’s division president for Australasia, will...