Nonlife insurer ISAC placed under conservatorship
THE INSURANCE Commission (IC) has placed nonlife insurer Intra Strata Assurance Corp. (ISAC) under conservatorship after it failed to submit its audited financial statements...
Peso rises before Fed decision
THE PESO continued to rise against the dollar on Wednesday as markets looked ahead to the US Federal Reserve’s policy decision overnight, with focus...
BSP proposes reporting changes to improve regulatory compliance
THE BANGKO SENTRAL ng Pilipinas (BSP) is looking to introduce a revised reporting governance framework aimed at enhancing regulatory compliance and improving its oversight...
Reissued 10-year bonds fetch lower rates before Fed review
THE GOVERNMENT made a full award of the reissued Treasury bonds (T-bonds) it offered on Tuesday at a lower average yield on the back...
Bond index inclusion to boost foreign fund inflows
THE PHILIPPINES may see an additional P100 billion in foreign inflows once it is included in JPMorgan Chase & Co.’s emerging market government bond...
BSP tells thrift banks to prioritize cyber resilience amid digitalization
THRIFT BANKS must put a premium on cyber resilience as they continue their digitalization to ensure their customers are protected from online threats that...
BIS warns of mounting disconnect between debt and stock markets
LONDON — The Bank for International Settlements (BIS) has warned that record global share prices appear increasingly disconnected from the rising concerns about government...
Peso back at P56 level with Fed cuts eyed
THE PESO returned to the P56 level on Tuesday amid a weaker dollar as markets expect several rate cuts from the US Federal Reserve...
FWD Life Philippines posts P4.6 billion in new business premiums for the first half
FWD LIFE Insurance Corp. (FWD Life Philippines) recorded a new business annual premium equivalent (NBAPE) of P4.6 billion in the first half, driven by...
Treasury bill yields drop with Fed set to resume easing cycle
THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday as average rates dropped across the board, with the...
AMLC asks for additional budget to fund efforts against dirty money risks
THE Anti-Money Laundering Council (AMLC) is seeking an additional P162.9 million for their 2026 budget to fund their programs to combat “dirty money” and...
Peso declines vs dollar
THE PESO declined against the dollar on Monday after the United States urged its allies to impose tariffs on countries that are buying oil...