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Hot money outflows recorded for third consecutive month

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INQUIRER FILE PHOTO

Net outflows in foreign portfolio investments were recorded for the third consecutive month in February as global fund managers continued to dump assets from emerging markets like the Philippines.

Posted: March 13th, 2014 in Latest Business Stories | Read More »

BSP to cut loss provision for banks’ ROP holdings

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The Bangko Sentral ng Pilipinas (BSP) will soon allow local banks to set aside less money to cover for possible losses from government securities, following the improvement of the country’s credit standing in the international community.

Posted: June 24th, 2013 in Headlines | Read More »

Rates of gov’t securities seen to ease further in ’13

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After hitting record lows last year, interest rates on government securities may slow down further in 2013 as rising remittances and foreign portfolio investments boost demand for the virtually risk-free debt notes.

Posted: January 23rd, 2013 in Headlines | Read More »

PDIC reports rise in deposit insurance fund

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The deposit insurance fund, which the government taps to pay depositors in case of bank failures, grew by 12 percent in February despite a significant number of banks that were ordered to shut down.

Posted: April 10th, 2012 in Headlines | Read More »

Treasury to issue P99B in IOUs

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The Bureau of the Treasury plans to issue a total of P99 billion worth of debt paper in the fourth quarter, lower by 15 percent from the previous quarter’s level. The domestic borrowing plan for the October-December quarter represents an increase of 32 percent from the planned P75 billion in the same period last year. [...]

Posted: September 23rd, 2011 in Headlines | Read More »

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