Peso strengthens as inflation slowed in September
THE PESO further strengthened on Tuesday following slower inflation for September and hopes of a deal on a stimulus fund in the United States meant to combat the economic impact of the coronavirus disease 2019 (COVID-19).
Gov’t makes full award of T-bills as rates drop on inflation outlook
THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday as yields inched lower across-the- board on expectations of a slower inflation print last month.
Banks fail to hit MSME credit quota in 1st quarter
BIG AND THRIFT banks did not meet the required lending for small businesses in the first quarter, data from the Bangko Sentral ng Pilipinas (BSP) showed.
Insurers studying pandemic-related products
INSURERS are looking at introducing products to address the needs of consumers affected by a pandemic like the coronavirus disease 2019 (COVID-19).
Peso inches up vs dollar
THE PESO strengthened on Monday on expectations of slower inflation last month and following tepid manufacturing data from the United States.
T-bill, bond rates to inch lower
RATES OF government securities will likely move sideways to down as investors expect inflation to remain within the central bank’s target in the next two years.
Peso set to climb ahead of inflation, trade data
THE PESO is expected to strengthen this week ahead of the release of local inflation and trade data.
Yields on gov’t debt drop
YIELDS ON benchmark government securities (GS) fell last week as the central bank hinted at further policy easing amid a benign inflation environment.
CIC touts credit-score app amid increased borrowing during pandemic
State-run Credit Information Corp. encouraged potential borrowers to check their credit scores on its mobile application to size up their prospects of obtaining credit...
Insurers warned of data risk as firms move to self-service
A cyber security expert said insurance firms adapting to new processes during the pandemic must be aware of the security risks and take steps...
Peso weaker on dollar safe-haven plays after Trump tests positive for COVID-19
The peso weakened Friday as investors sought a safe haven in the dollar after US President Donald J. Trump tested positive for coronavirus disease...
Sun Life sees insurance market expanding as outlook improves
SUN LIFE of Canada (Philippines), Inc. sees a bigger market for insurance by the end of the year as economic uncertainties ease following the extension of a looser quarantine in the country.