Microinsurers collect more premiums in Q1

THE MICROINSURANCE industry saw increases in its total premium production and number of people covered in the first quarter, the Insurance Commission (IC) said.

Moody’s assigns CRRs to PHL banks

MOODY’S INVESTORS Service has assigned counterparty risk ratings (CRR) to 10 Philippine banks, assessing the lenders’ capability to carry out their contractual obligations.

Banks see strong demand for PHL ‘samurai’ bonds

TOP JAPANESE banks have expressed their interest in participating in the Philippines’ return to the yen debt market following a meeting with the Finance department in Tokyo.

Duterte hopes to reform AFP pensions by 2022

PRESIDENT Rodrigo R. Duterte wants to fast-track the establishment of a new pension scheme for military personnel and have it set up before he steps down from office.

Suggested retail price scheme for rice, other goods in the works

THE Department of Agriculture (DA) said it is expecting to impose a suggested retail price (SRP) scheme for basic agricultural commodities including rice and livestock products.

Peso slides on renewed trade war fears

The peso slid against the dollar anew on Wednesday as investors were still wary about the trade tension overseas amid the decision of the...

BSP hikes rates to contain ‘elevated’ inflation

By Melissa Luz T. Lopez, Senior Reporter The Bangko Sentral ng Pilipinas (BSP) raised rates on Wednesday, June 20, following a similar move in May...

Stock markets plunge on brewing China-US trade war fears

London -- Asian and European stock markets tumbled Tuesday on rising fears of a trade war after US President Donald Trump threatened fresh tariffs...

Steel drops most since March as metals tumble on trade war fears

Steel and iron ore plunged the most since March on escalating fears over a global trade war as China vowed to retaliate after President...

PhilWeb buys two new e-Games sites

PhilWeb Corp. has acquired two new gaming sites operated by the Philippine Amusement and Gaming Corp. (PAGCOR) in Cebu City. In a disclosure to the...

SPOTLIGHT