Asia leads rally as emerging markets raise dollar debt
THE RISKIER PARTS of the developing world are again flirting with international debt markets — and Asian companies are leading the charge.
Peso rallies vs dollar on S&P move, manufacturing PMI
THE PESO rallied against the greenback on Monday fueled by positive market sentiment due to the affirmation of the country’s credit rating as well as the recovery in the local manufacturing sector.
House panel OK’s bill strengthening gov’t banks
THE HOUSE Banks and Financial Intermediaries Committee approved on Friday a bill seeking to expand the loan assistance program, rediscounting and other credit accommodation facilities of government financial institutions to help micro, small and medium enterprises (MSMEs) cope with the effects of the coronavirus disease 2019 (COVID-19).
Treasury bill rates to end sideways on rate cut bets
RATES OF Treasury bills (T-bills) on offer this week will likely move sideways on expectations that strong bids will continue and of a policy rate cut by the central bank.
Former Goldman Sachs trader plans a credit fund
NOT MANY Goldman Sachs partners seek out citizenship in a tiny Caribbean island to speed through airports. Ali Meli wasn’t your typical Goldman partner.
Yields on government debt drop on BSP bets
YIELDS ON government securities (GS) fell last week on expectations of rate cuts from the Bangko Sentral ng Pilipinas (BSP) and safe-haven demand due to lingering tensions in Hong Kong.
Peso may depreciate against dollar on continued US-China tensions
THE PESO is likely to weaken this week as markets monitor ongoing tensions between the US and China as well as local developments including inflation and the virus spread.
Liquidity growth picks up in March
MONEY SUPPLY growth in March accelerated following the central bank’s monetary easing to help mitigate the impact of the coronavirus pandemic on the economy and the financial system..
Peso strengthens on easing of lockdown measures
THE PESO strengthened against the greenback on Friday after the loosening of lockdown measures in the country to gradually reopen the economy.
Insurers’ premium income rises
THE INSURANCE industry’s premium income grew in 2019 as all sectors reported increases in premiums written, according to the Insurance Commission (IC).
BSP to count loans to large firms as reserves
THE CENTRAL BANK will count credit extended to large enterprises as part of banks’ and quasi-banks’ compliance with their reserve requirements to support businesses hardest hit by the pandemic.




