PSEi, peso slip as BSP turns hawkish
The Philippine Stock Exchange Index (PSEi) slipped 18.31 points, or 0.30 percent, to close at 6,135.35 on Friday, while the peso weakened to P60.775 per US…
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The Philippine Stock Exchange Index (PSEi) slipped 18.31 points, or 0.30 percent, to close at 6,135.35 on Friday, while the peso weakened to P60.775 per US…
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The Philippine Stock Exchange Index (PSEi) rebounded 38.85 points, or 0.64 percent, to 6,153.66 on Thursday while the peso depreciated to P60.56 from P60.39…
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The BSP’s key policy rate now stands at 4.75 percent. Interest rates on overnight deposit and lending facilities were likewise adjusted to 4.25 percent and…
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CAGAYAN DE ORO CITY— A province-wide manhunt has been launched against suspects who ambushed a bank vehicle and took away P1.6 million following a brief…
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The Bangko Sentral ng Pilipinas (BSP) raised its key policy rate by 25 basis points on Thursday as persistent inflationary pressures stemming from the Gulf…
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Security Bank enters its 75th year with a stronger financial position, rising digital adoption and an expanded financial ecosystem as it continues to evolve…
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Union Bank of the Philippines (UnionBank) emerged as the top issuer in Visa credit card payment volume in the Philippines in 2025, reflecting the growing use…
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Union Bank of the Philippines (UnionBank) recorded the highest Visa credit payment volume in the country in 2025, reflecting the growing use of credit cards by…
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East West Banking Corp. (EastWest) has graduated more than 80 bankers from the Singapore Management University (SMU) Wealth Management Programme as part of its…
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Security Bank has been recognized at The Asian Banker Global Financial Technology Innovation Awards 2026, earning honors for its mobile banking platform and…
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‘Kristine’s appointment reflects our continued focus on maintaining high standards of corporate governance and disciplined oversight.’
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‘We expect the BSP to hike the policy rate by 50 bps to 5.0 percent from 4.5 percent, as elevated inflation remains the key policy concern despite softer…
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Standard Chartered Bank expects the Bangko Sentral ng Pilipinas (BSP) to raise interest rates by 50 basis points (bps) at its monetary policy meeting on…
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GoTyme Bank has launched a new feature that allows customers to send money to more than 170 countries and territories directly through its mobile application,…
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The Securities and Exchange Commission (SEC) has warned the public against a growing number of online lending platforms that are impersonating legitimate…
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The Philippines’ outstanding external debt declined slightly to $147.35 billion at the end of the first quarter of 2026 from $147.65 billion at the end of…
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The upcoming El Niño season and its potential impact on food prices pose additional risks to inflation on top of the ongoing energy shock, according to Bank of…
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