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THE GOVERNMENT made a full award of the reissued three-year Treasury bonds (T-bonds) it offered on Wednesday as its yield declined following the surprise rate cut of the central bank and amid continued uncertainty in the economic environment.
THE PHILIPPINE Insurers and Reinsurers Association (PIRA) said it would consider data evaluation based on telematics, a technology used in mobile phones to detect and analyze driving behavior, in replacing motor tariff and promoting insurance technology or insurtech.
The Development Bank of the Philippines (DBP) said it hopes to raise at least P5 billion from the second tranche of its P50-billion bond...
The Home Development Mutual Fund, which operates under the trade name Pag-IBIG Fund, said home loan disbursements declined 38% to P36.43 billion the nine...
AIA Philippine American Life and General Insurance Co. Inc. (Philam Life) said it launched Friday an investment fund geared towards overses stock markets. The firm's...
THE government plans to borrow P120 billion from domestic lenders in December, less than the P140 billion targeted for this month.
BOND MARKET growth accelerated in the third quarter to meet government demand for funds to finance its coronavirus disease 2019 (COVID-19) containment efforts, the Asian Development Bank (ADB) said Wednesday.
THE PESO may strengthen against the dollar this week after the central bank cut borrowing costs anew and on continued progress in trials for coronavirus disease 2019 (COVID-19) vaccine candidates.
THE PESO weakened slightly versus the dollar on Monday following the release of latest remittances data and amid worries over the long-term impact of the coronavirus disease 2019 (COVID-19) pandemic on the United States economy.
RATES of government securities on offer this week may end flat or inch higher as investors expect inflation to remain benign and as US Treasury yields rise further.
THE PESO may strengthen versus the dollar this week as coronavirus cases in the country continue to decline and ahead of the release of latest data on overseas Filipino workers’ (OFW) remittances and the country’s balance of payments (BoP) position.
Philippine Savings Bank (PSBank) reported a sharp decline in net profit for the third quarter, joining an industry-wide trend of increased provisioning as the...
The peso closed stronger Friday on positive news regarding the development of another coronavirus vaccine, and as US inflation slowed in October. US biotechnology company...
THE PESO weakened versus the dollar on Tuesday as the daily tally of coronavirus disease 2019 (COVID-19) cases increased again and after the government posted a worse-than-expected economic contraction in the third quarter.
ASIA UNITED BANK Corp. (AUB) booked a steady net income in the first nine months of the year as it increased its loan loss reserves amid the coronavirus pandemic.
I-REMIT, Inc. sees a double-digit growth in remittances from overseas Filipino workers (OFWs) in the last quarter, saying economic activity is resuming even amid the ongoing coronavirus pandemic.
THE PESO may climb further versus the dollar this week as the market expects a further decline in cases of the coronavirus disease 2019 and after the Democratic Party’s Joseph R. Biden, Jr. was projected to be the new 46th president of the United States.
METROPOLITAN BANK & Trust Co. (Metrobank) is targeting double-digit growth in its new digital accounts following the expansion of its mobile services.
THE GOVERNMENT made a full award of the reissued three-year Treasury bonds (T-bonds) it offered on Wednesday as its yield rose with inflation expected to tick up and amid an uncertain economic outlook in the United States.
THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Tuesday as yields declined across the board due to strong market liquidity and expectations of benign inflation.