BSP bills fetch mixed yields
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) short-term securities were mixed on Friday, even as demand was strong as it offered a lower...
BDO dismisses ‘baseless’ viral claims on unauthorized transactions
BDO Unibank, Inc. said on Thursday that a viral social media post alleging there was system compromise and insider involvement in unauthorized transactions is...
Peso weakens past P57 after Fed signals more cuts later this year
THE PESO slipped back to the P57-a-dollar level on Thursday after the US Federal Reserve delivered a widely expected rate cut and hinted at...
BPI unveils insurance for freelancers, entrepreneurs
BANK OF THE PHILIPPINE ISLANDS (BPI), in partnership with BPI MS Insurance Corp., has launched an accident insurance plan tailored for freelancers, consultants, digital...
FWD Life eyes high net-worth business in the Philippines
FWD Life Philippines is looking to launch its high net-worth insurance business in the country, as it seeks to replicate its success in other...
GSIS lifts cap on survivorship pensions
THE GOVERNMENT Service Insurance System (GSIS) has lifted the cap on survivorship pensions, ensuring that surviving spouses get their full benefits under the law.
“By...
Vietnam’s FDI surge vs the Philippines: Beyond the gray list
By Benel D. Lagua
Vietnam has pulled off something remarkable. In just the first eight months of 2025, it attracted $15.4 billion in foreign direct investment (FDI) disbursements...
Fed’s rate cut comes with caveats, leaving investors lukewarm
NEW YORK — Investors look set to face a volatile few months ahead after the Federal Reserve resumed interest rate cuts and opened the...
Fed lowers interest rates, signals more cuts ahead; Miran dissents
WASHINGTON - The Federal Reserve, goaded by the risk of rising unemployment, reduced interest rates on Wednesday for the first time since December and...
Term deposit yields go down as market expects more rate cuts
YIELDS on the term deposits offered by the Bangko Sentral ng Pilipinas (BSP) continued to go down on Wednesday, tracking the broad decline in...
LANDBANK may offer sustainability bonds to raise over P20 billion
LAND BANK of the Philippines (LANDBANK) is targeting to raise over P20 billion through an offering of sustainability bonds that it could launch in...
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...