Gov’t raises P213B from retail bonds
THE GOVERNMENT on Tuesday raised an initial P212.719 billion from its auction of the retail Treasury bonds (RTBs), the third under the Marcos administration and the 30th overall.
Philippines needs to have more ‘guardrails’ against systemic risks
THE FINANCIAL Stability Coordination Council (FSCC) is looking to put in place “added guardrails” to help mitigate systemic issues, its chair said, amid the market’s growing appetite for “risky” investments on the back of an improving economic outlook.
Filipinos seek divorce for another shot at love
MARIE O. RIVERA, a 35-year-old legal intake specialist, wants to end her almost two-decade marriage but can’t due to the lengthy and costly legal process in the Philippines.
Fed officials eye ‘broadening’ disinflation as new rate-cut test
SOME US Federal Reserve officials, who were surprised by inflation’s rapid descent in 2023, seem to be setting a new bar for interest rate...
FDI net inflows rise to near 2-year high
NET INFLOWS of foreign direct investments (FDIs) into the Philippines in November surged to its highest level in almost two years amid an improving economic outlook.
Planned LANDBANK-DBP merger to be scrapped — Recto
THE PLANNED MERGER between the state-run lenders Development Bank of the Philippines (DBP) and Land Bank of the Philippines (LANDBANK) will no longer push...
SEC looking to implement hike in fees, charges this year
THE Securities and Exchange Commission (SEC) hopes its planned hike in fees and charges can be finalized and implemented within the year, its top...
Economic growth may pick up to 5.7%
PHILIPPINE gross domestic product (GDP) may grow by 5.7% this year following the economy’s faster-than-expected expansion in the fourth quarter of 2023, UBS Global...
BSP may keep rates steady — poll
THE BANGKO SENTRAL ng Pilipinas (BSP) is widely expected to keep its policy rate at a 16-year high for a third straight meeting on Thursday amid upside risks to inflation and as economic growth remains robust, analysts said.
Growth, fiscal goals need to be ‘more realistic,’ says DoF chief
THE DEVELOPMENT Budget Coordination Committee (DBCC) may need to adjust its growth and fiscal targets to be “more realistic,” Department of Finance (DoF) Secretary...
Nonmonetary measures needed to address rice inflation as prices may continue to climb
THE AGGRESSIVE rate hikes of the Bangko Sentral ng Pilipinas (BSP) over the past two years have helped stabilize inflation, but nonmonetary measures are...
PDEx expects bond issuances to exceed P400B this year
CORPORATE BOND issuances this year may surpass the Philippine Dealing & Exchange Corp.’s (PDEx) initial target of P400 billion amid expectations of increased offerings...