Corporate bond issuance may hit $3.8B in 2019
PHILIPPINE COMPANIES are expected to raise around P 200 billion ($3.8 billion) through bond issues next year to fund expansion plans and debt payments, the country’s bond market operator said on Thursday.
BSP holds rates amid Omicron threat
By Luz Wendy T. Noble, Reporter
THE Philippine central bank maintained its key policy rates at record lows as widely expected on Thursday to lend...
PSEi back above 6,000 mark on rate cut hopes
PHILIPPINE STOCKS closed above the 6,000 mark for the first time in a month as investors took advantage of bargains and with sentiment getting...
AMLC, PAGCOR keep close eye on dirty money risks from POGOs
THE ANTI-MONEY Laundering Council (AMLC) and the Philippine Amusement and Gaming Corp. (PAGCOR) have been monitoring dirty money risks from Philippine Offshore Gaming Operators (POGOs) through risk and on-site assessments as part of their signed memorandum of agreement, AMLC Executive Director Mel Georgie B. Racela said.
Locked-down Filipino college graduates face gloomy COVID-19 labor market
JEROEN O. MANAHAN, 21, will get his Bachelor’s degree in business administration and management this October after taking classes online amid the coronavirus pandemic.
PSE index jumps to 6,200 level on rate cut hopes
PHILIPPINE STOCKS rose on Wednesday, pushing the main index back to the 6,200 level, on hopes of more interest rate cuts here and in...
Hot money back to net outflow on peso, inflation worries
MORE FOREIGN FUNDS left the Philippines in May, capping two months of net inflows, amid global geopolitical tensions and higher yields in the United States, the Bangko Sentral ng Pilipinas (BSP) reported on Thursday.
Experts: PHL can learn from Malaysia’s tighter social media regulations
THE PHILIPPINES could combat the growing number of cybercrimes by following Malaysia’s recent move to require social media platforms to secure regulatory licenses to operate in the country, experts said.
SEIPI sees slower growth this year
PHILIPPINE electronics exports are expected to grow at a slightly slower pace this year amid weaker global demand, the Semiconductor and Electronics Industries in...
MB-approved foreign borrowings more than double in Q1
MONETARY BOARD (MB) approvals for public-sector foreign borrowing more than doubled in the first quarter, the central bank said.
Data from the Bangko Sentral ng...
Next forex liberalization wave readied
By Melissa Luz T. Lopez
Senior Reporter
THE CENTRAL BANK plans to lift by yearend the requirement for banks and companies to register foreign exchange transactions,...
BSP may face risks amid global policy tightening
THE BANGKO Sentral ng Pilipinas (BSP) may have to confront risks caused by interest rate differentials if it remains accommodative while major central banks are already tightening monetary policy, according to Fitch Solutions Country Risk & Industry Research.