Manulife Philippines appoints new deputy CEO聽
THE Manufacturers Life Insurance Co. (Phils.), Inc. (Manulife Philippines) has appointed Manish Sangal as its new deputy chief executive officer (CEO).
鈥淢anish is a proven...
Intellectual property and AI: a bad romance?
By Rose Marie M. King-Dominguez
The topics du jour for many local business and legal conferences continue to be about AI, 鈥渄igital transformation,鈥 鈥渢echnology x .鈥 Discussions, however, tend...
BSP plans stricter sustainability reporting rules for banks by 2027
PHILIPPINE BANKS may soon be required to adopt stricter international reporting standards related to sustainability as the Bangko Sentral ng Pilipinas (BSP) noted the...
Term deposit yield climbs further despite strong demand for offering
THE BANGKO SENTRAL ng Pilipinas鈥 (BSP) term deposits fetched a slightly higher average yield on Wednesday, marking the fifth straight week of increase despite...
Peso edges up as Mideast caution lingers
THE PESO inched higher versus the dollar on Wednesday after moving in a tight range as the market stayed on edge while waiting for...
China Bank Savings鈥 Q1 profit up 11.5%
CHINA BANK Savings, Inc. (CBS), the thrift banking arm of listed China Banking Corp. (Chinabank), saw its net profit rise by 11.5% year on...
Asialink Group sets leadership changes
THE ASIALINK Group of Companies announced leadership changes for its two flagship entities, Asialink Finance Corp. (AFC) and Global Dominion Financing, Inc. (GDFI).
The transition...
Global bond selloff threatens turmoil in weakest Asian economies
THREE OF ASIA鈥橲 most vulnerable economies are showing rising strains as their central banks come under pressure to tighten policy even as the economic...
Gov鈥檛 rejects all bids for T-bonds
THE GOVERNMENT rejected all bids for the Treasury bonds (T-bonds) it offered on Tuesday as players asked for higher yields as global markets continued...
BSP gives grace period to rural, co-op banks for credit exposure reporting
THE BANGKO SENTRAL ng Pilipinas (BSP) has given rural and cooperative (co-op) banks in the country an extended window to submit the required enhanced...
Peso stays at record low as war keeps market guarded聽
THE PESO closed flat at its all-time low against the dollar on Tuesday as uncertainty over the Middle East war kept the market cautious.
The...
As bond yields surge, investors grow wary of global spending crunch
LONDON 鈥 Investors are waking up to the worry that war in Iran may deliver a lasting inflationary shock, with sovereign bond yields racing...