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Toby Magsaysay

Latest

DOF extends importer accreditation to 3 years

DOF extends importer accreditation to 3 years

The Department of Finance (DOF) has moved to streamline trade processes by extending importer accreditation validity from one year to three years while…

Toby Magsaysay · 16 April 2026 · 2 min read

Chinabank raises dividends after record 2025 profit

Chinabank raises dividends after record 2025 profit

The Sy family-backed China Banking Corp. (Chinabank) has raised its dividend payout to shareholders, declaring a total of P7.5 billion in cash dividends…

Toby Magsaysay · 16 April 2026 · 2 min read

Market snaps two-day losing streak; peso back over P60

Market snaps two-day losing streak; peso back over P60

The local bourse’s rebound was driven by optimism following reports of a resumption of US-Iran negotiations but the peso weakened as the market reassessed…

Toby Magsaysay · 15 April 2026 · 1 min read

Market snaps two day losing streak; Peso back over P60

Market snaps two day losing streak; Peso back over P60

The benchmark Philippine Stock Exchange Index closed at 6,063.35 on Wednesday, up 0.84 percent and breaking a two day losing streak as Philippine equities…

Toby Magsaysay · 15 April 2026 · 2 min read

OFW remittances hit 9-month low in February: BSP

OFW remittances hit 9-month low in February: BSP

Cash remittances from overseas Filipino workers (OFWs) dipped to a nine-month low in February 2026, as inflows normalized following the seasonal surge during…

Toby Magsaysay · 15 April 2026 · 2 min read

BSP rolls out relief measures amid energy crisis

BSP rolls out relief measures amid energy crisis

The Bangko Sentral ng Pilipinas (BSP) has extended regulatory relief measures to banks and financial institutions to cushion the impact of rising energy costs…

Toby Magsaysay · 15 April 2026 · 1 min read

AMLC appoints new executive director

AMLC appoints new executive director

The Anti-Money Laundering Council (AMLC) has appointed Atty. Ronel U. Buenaventura as its new executive director, reinforcing its push for asset recovery and…

Toby Magsaysay · 14 April 2026 · 1 min read

BSP: Peso drop not inflationary yet

BSP: Peso drop not inflationary yet

The peso’s current depreciation amid the effects of the ongoing Middle East conflict has not yet breached inflationary territory, according to Bangko Sentral…

Toby Magsaysay · 14 April 2026 · 2 min read

Market continues decline while local currency perks up

Market continues decline while local currency perks up

The Philippine Stock Exchange Index (PSEi) closed at 6,013.10 on Tuesday, down 0.68 percent, extending its decline as investors remained wary of the continued…

Toby Magsaysay · 14 April 2026 · 2 min read

Gov’t ditches tax cuts on gas, diesel

Gov’t ditches tax cuts on gas, diesel

Filipinos were anticipating the suspension or reduction of the excise tax on gasoline and diesel to preserve their purchasing power.

Toby Magsaysay,Eliana Lacap · 14 April 2026 · 3 min read

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