Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
211 articles from BusinessWorld Banking
BTr partially awards T-bills as yields climb on rate hike bets
THE GOVERNMENT made a partial award of the Treasury bills (T-bills) it offered on Monday amid weak demand…
Read more →Deutsche Bank expects further BSP tightening
DEUTSCHE BANK Research sees the Bangko Sentral ng Pilipinas (BSP) extending its tightening cycle with a fourth straight…
Read more →Peso inches higher as markets eye US inflation data
THE PESO went up against the dollar on Monday as traders stayed cautious before the release of key…
Read more →AM Best affirms Nat Re’s ratings
AM BEST has affirmed the credit rating and outlook for the National Reinsurance Corp. of the Philippines (Nat…
Read more →Malaysia’s 1MDB in settlement talks with Deutsche Bank, news report says
MALAYSIA’S state fund 1MDB is in talks to settle a legal dispute with Deutsche Bank, local media reported…
Read more →Treasury bill, bond rates may go up on inflation concerns
RATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) to be offered this week could end higher…
Read more →PNB may tap offshore debt market in early 2027
PHILIPPINE National Bank (PNB) is looking at tapping the offshore bond market early next year, its top official…
Read more →Strong retail bond take-up gives gov’t flexibility as markets remain volatile
THE STRONG DEMAND seen for the government’s latest retail Treasury bond (RTB) sale gives it room to be…
Read more →Peso likely to move sideways as markets await key US data
THE PESO is expected to be rangebound against the dollar this week as traders eye key inflation reports…
Read more →Yields end higher as data support BSP hike bets
YIELDS on government securities (GS) climbed across the board last week after faster-than-expected September inflation supported expectations that the Bangko Sentral ng Pilipinas (BSP) would keep its policy stance tight.
Read more →BSP bills’ yield climbs despite oversubscription
THE AVERAGE YIELD on the Bangko Sentral ng Pilipinas’ (BSP) short-term securities climbed anew on Friday even after…
Read more →Bond market about to get uglier as yields rise
NEW YORK — It is white-knuckle time in the bond market. US Treasury yields have risen sharply since…
Read more →BofA sees more BSP rate hikes ahead as inflation stays elevated
THE BANGKO SENTRAL ng Pilipinas (BSP) may continue to tighten its monetary policy stance as inflation continues to run hot, even as the Philippine economy could stay sluggish until next year, according to the Bank of America (BofA).
Read more →Peso plunges to new all-time-low close on contagion, oil supply fears
THE PESO plunged to a new all-time low against the dollar on Thursday as investors flocked to safety…
Read more →Gilbert Dee exits Chinabank board after 57 years
CHINA BANKING CORP.’s (Chinabank) Gilbert U. Dee has exited the bank’s board after nearly 60 years and has…
Read more →PNB partners with Luna Securities to widen access to PERA products
PHILIPPINE NATIONAL Bank (PNB), through its trust group, has partnered with Luna Securities, Inc. to boost the distribution…
Read more →Give us a reason to keep building
There are moments when the economic numbers merely confirm what people already feel. I think we are in…
Read more →TDF rate slips as market weighs Fed, BSP tightening prospects
THE BANGKO SENTRAL ng Pilipinas’ (BSP) one-week term deposits fetched a lower average yield for the first time…
Read more →BPI Wealth expects strong growth in AUMs
THE TRUST subsidiary of Bank of the Philippine Islands (BPI) expects to grow its assets under management (AUM)…
Read more →CIMB Bank PH says business as usual amid reports of possible sale
CIMB BANK Philippines continues to operate its business as usual amid reports of its parent company exploring the…
Read more →Peso inches higher vs dollar on Fed pause bets
THE PESO edged higher against the dollar on Wednesday amid easing expectations of a rate hike by the…
Read more →Vietnam’s banks tap investors for $7 billion as economy runs red hot
HANOI — Vietnamese banks are planning nearly $7 billion in share sales as the country’s fast-growing economy fuels…
Read more →Peso sinks as euro zone woes, inflation fears dent sentiment
THE PESO sank further versus the dollar on Tuesday as players flocked to safer assets amid France’s fiscal…
Read more →