Southeast Asia faces more currency risk than rest of region, World...

Malaysia, and to a lesser degree Indonesia, Thailand and the Philippines, remain more exposed to exchange-rate risk than other developing economies in East Asia...

ATM distributor deploys in hard-to-reach areas

In the Philippines most automated teller machines (ATM) only service universal and commercial banks in the country’s major cities. Because of this, people in...

Beyond traditional revenue sources

The days of associations relying solely on membership dues to survive have long been over. Based on the American Society of Association Executives (ASAE) Foundation’s...

Final months seen posting slightly higher inflation

Inflation was seen trending back to the 3-percent territory in the final few months of the year as consumption quickens and the local currency...

Add-on vs effective interest rate

As medium-term financing becomes more readily available, particularly in the case of auto loans where the standard repayment period is five years or 60...

Some banks abandon TDFs for 5-year bonds

Some of the banks and trust units have found the term-deposit facility (TDF) of the Bangko Sentral ng Pilipinas (BSP) already unappealing on Tuesday...

PHL fully backing AIIB, ‘Belt and Road’ initiative

SHANGHAI—Finance Secretary Carlos G. Dominguez III has assured China of the Philippines’s full cooperation with the Asian Infrastructure Investment Bank (AIIB) and the Belt and...

UnionBank has lock-card feature to secure client accounts

Card fraud remains one of the biggest concerns faced by cardholders and banking institutions today. As Filipinos become more dependent on banking for many...

World water leaders cite PHL team in Korean event

World water leaders cited the 20-year-old successful public-private partnership (PPP) between the Metropolitan Waterworks and Sewerage System (MWSS) and its concessionaires Manila Water, Maynilad...

MTS seen helping meet P1.8-trillion revenue goal

The Bureau of Internal Revenue (BIR) said more or less 19 percent of revenue collection could come from the recently launched medium taxpayers segment...

Legislator proposes e-microinsurance for TNCs

The House Committee on Transportation on Monday urged local insurers to develop affordable e-microinsurance products for transportation network companies (TNCs) and transportation network vehicle...

Buyers of nonlife insurance unduly taxed

It is a fact that the buyers of nonlife insurance products are subject to an array of taxes based on the premium charged by...

​The golden rule in personal finance 

“We have committed the golden rule to our memory; let us now commit it to life.”­—Edwin Markham Life is a constant change. We feel these...

Businessmen advise against hybrid PPP

WITH the government allotting some P9 trillion for infrastructure development in the next six years, a key executive of one of the country’s biggest...

More liberal ownership code seen in 12 months

The government should have put in place a more liberal investment policy allowing greater foreign ownership in particular sectors over the next 12 months,...

PERC findings clearly baseless–Beltran

The Department of Finance (DOF) on Thursday dismissed the findings of a risk assessment institution highlighting the supposed alarming increase in the military and...

IC alerted on alleged illegal foreign insurer operation

The Insurance Commission (IC) on Thursday confirmed receipt of a letter asking regulatory intervention in the case of alleged unauthorized operation by a foreign...

Goldman Sachs AM sees China dominance in dollar bonds rising

Chinese offshore dollar-bond issuance will reach as much as 80 percent of the Asia ex-Japan market in three to five years as buying support...

HSBC tops Asiamoney’s New Silk Road Finance Awards

HSBC has been named Best Overall International Bank for Belt and Road Initiative (BRI) in the inaugural Asiamoney New Silk Road Finance Awards, reflecting...

Citi bringing back crisis-inducing CDOs

Jia Chen was in London again this summer—just one of the many trips she’s recently made across the Atlantic—to peddle a product left for...