TWIST OF FATE FOR TRILLANES
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BSP earns record P33 billion in 7 months
September 21, 2018 - 12:00am by: Lawrence Agcaoili
Earnings of the Bangko Sentral ng Pilipinas almost quadrupled to an all-time high of P33.1 billion in the first seven months from P8.5 billion in the same period last year on the back of higher revenues, lower interest...
4 days ago
Business
5 days ago
BOP hits 15-year-high surplus in August 2018
Last month’s BOP surplus was a reversal of the $7 million shortfall recorded in August last year. The Philippines has...
Business
7 days ago
BSP rushes forex measures as peso weakens anew
Monetary authorities are rushing a code of conduct governing all trades in the local foreign exchange market as the peso weakened...
Business
First Gen Corp. to redeem early $90-million bonds
September 8, 2018 - 12:00am by: Danessa Rivera
Lopez-led First Gen Corp. is eyeing to redeem over $91 million of its 10-year bonds listed at the Singapore Exchange Securities Trading Ltd. next month to reduce its debt exposure.
17 days ago
Business
17 days ago
Philippine foreign reserves recover from 6-year low in August 2018
The country's foreign exchange reserves recovered from a six-year low in August, temporarily halting this year's drop as a...
Business
34 days ago
Flexible forex regime stays, says BSP
The Bangko Sentral ng Pilipinas remains committed to maintain a flexible and market-determined exchange rate that has enabled...
Business
39 days ago
BSP profit vaults to record P29.5 billion in first half of 2018
Higher revenues, lower interest expense, and record gains from foreign exchange fluctuations resulted in a more than four-fold...
Business
47 days ago
Forex reserves plunge to 6-year low
The country’s foreign exchange buffer slumped for the fourth straight month to a fresh six-year low of $76.89 billion...
Business
48 days ago
Peso retracts to 53:$1 level
The peso rally lost steam yesterday after momentarily breaking the 52 to $1 resistance level as inflation quickened for the...
Business
49 days ago
Peso regains strength, closes at 52.85:$1
The peso gained 30 centavos yesterday to break the 53 to $1 level, ahead of the much anticipated third rate hike by the Bangko...
Business
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