AUTHORS
Lawrence Agcaoili
Lawrence Agcaoili
  • Articles
  • Authors
Despite recovery, remittances at one-year low in September 2018
by Lawrence Agcaoili - November 16, 2018 - 12:00am
Remittances recovered in September as Filipinos abroad started sending money to their loved ones in the Philippines ahead of the Christmas holidays.
BSP delivers 5th rate hike in 2018
by Lawrence Agcaoili - November 16, 2018 - 12:00am
The Bangko Sentral ng Pilipinas decided yesterday to raise anew policy interest rates by 25 basis points as part of a proactive action to help temper the rise in inflation.
BPI income back on growth track in third quarter of 2018
by Lawrence Agcaoili - November 15, 2018 - 12:00am
Ayala-led Bank of the Philippine Islands booked a double-digit growth of 11.5 percent in net income to P5.98 billion in the third quarter from P5.36 billion in the same quarter last year, reversing the decline in...
Metrobank profit surges 27%
by Lawrence Agcaoili - November 15, 2018 - 12:00am
Earnings of listed Metropolitan Bank & Trust Co. (Metrobank) surged 27 percent in the first nine months after soaring 55.5 percent in the third quarter on the back of the solid performance of its core businesse...
Term deposit rates climb
by Lawrence Agcaoili - November 15, 2018 - 12:00am
Term deposit rates rose across-the-board to hit record levels ahead of the rate-setting meeting of the Bangko Sentral ng Pilipinas (BSP) scheduled today.
Hawkish BSP seen raising rates anew
by Lawrence Agcaoili - November 15, 2018 - 12:00am
Investment banks expect the Bangko Sentral ng Pilipinas (BSP) to maintain a tightening bias as inflation is expected to remain elevated until next year.
BSP seeks to exempt gold sale by small-scale miners from taxes
by Lawrence Agcaoili - November 14, 2018 - 12:00am
The Bangko Sentral ng Pilipinas (BSP) wants to exempt small-scale miners selling gold to the central bank from excise and income taxes to help build the country’s thinning foreign exchange buffer.
BSP eyes 25% cap on large exposures
by Lawrence Agcaoili - November 14, 2018 - 12:00am
The Bangko Sentral ng Pilipinas (BSP) is setting prudent limits to large exposures to prevent significant losses that could threaten the industry’s financial strength due to various forms of credit risk ...
Big banks’ profits up 9% to P116 billion in 9 months
by Lawrence Agcaoili - November 13, 2018 - 12:00am
Earnings of big banks rose by 9.2 percent to P116.1 billion in the first nine months from a year-ago level of P106.26 billion as higher interest income from the increase and benchmark rates offset losses from foreign...
M Lhuillier ventures into logistics
by Lawrence Agcaoili - November 13, 2018 - 12:00am
M Lhuillier Financial Services Inc. has diversified into the logistics business through a partnership with QuadX to bring convenience to its customers.
BSP urged to resume buying gold from small-scale miners
by Lawrence Agcaoili - November 13, 2018 - 12:00am
The Chamber of Mines of the Philippines (CoMP) is urging the Bangko Sentral ng Pilipinas (BSP) to resume buying gold from small-scale miners to build up the country’s thinning reserves and at the same time...
Foreign investments drop to 5-month low in August 2018
by Lawrence Agcaoili - November 13, 2018 - 12:00am
Foreign direct investment inflows dropped by more than 41 percent to a five-month low of $752 million in August from $1.28 billion in the same month last year amid concerns over rising interest rates and slower economic...
Fitch unit, economists trim Phl growth forecasts
by Lawrence Agcaoili - November 12, 2018 - 12:00am
A unit of the Fitch Group now sees a weaker economic growth for the Philippines this year after a slower-than-expected expansion in the third quarter.
Dealers push revival of repo market
by Lawrence Agcaoili - November 12, 2018 - 12:00am
The Money Market Association of the Philippines Inc. (MART) is looking at measures to revive the repurchase (repo) transactions under the government securities repo program.
BSP shuts down 12th bank this year
by Lawrence Agcaoili - November 11, 2018 - 12:00am
The Bangko Sentral ng Pilipinas (BSP) closed down a problematic bank in Quezon City, bringing to 12 the number of banks shuttered this year as the regulator continues to rid the industry of weak players.
BSP setting up task force for real time payments
by Lawrence Agcaoili - November 10, 2018 - 12:00am
The Bangko Sentral ng Pilipinas (BSP) is creating a task force to further enhance the safety, efficiency, and resiliency of the country’s payments and settlement systems.
RCBC 9-month profit slips 6% to P3.2 billion
by Lawrence Agcaoili - November 10, 2018 - 12:00am
Earnings of Rizal Commercial Banking Corp. slipped six percent to P3.2 billion in the first nine months from P3.4 billion in the same period last year on the back of lower trading gains due to the volatile mark...
Metrobank raises P10 billion from fixed rate bond issue
by Lawrence Agcaoili - November 10, 2018 - 12:00am
Metropolitan Bank & Trust Co. raised P10 billion via the issuance of fixed rate bonds, the first bank to heed the call of the Bangko Sentral ng Pilipinas to shift to the issuance of bonds.
BSP urged to hold off rate hike
by Lawrence Agcaoili - November 10, 2018 - 12:00am
Economists said the slower-than-expected economic growth in the third quarter has given the Bangko Sentral ng Pilipinas (BSP) more room to pause its tightening cycle.
China Bank earnings fall 2% in 9 months
by Lawrence Agcaoili - November 9, 2018 - 12:00am
Earnings of listed China Banking Corp. slipped 2.1 percent to P5.56 billion in the first nine months from P5.68 billion in the same period last year due to lower trading gains and non-recurring income.
1 | 2 | 3 | 4 | 5 | ... | 318 | 319 | 320 | 321 | 322
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

SIGN IN
or sign in with