The Philippine peso slightly rebounded to 57.71 against the US dollar Friday from a 17-month low of 57.78 Thursday on increased trading volume.
Data from the Bankers Association of the Philippines (BAP) showed that trading reached nearly $1.7 billion Friday, up from $1.4 billion the day before.
The peso is among the regional currencies that depreciated against the dollar in recent weeks amid the tension in the Middle East and the...
Metropolitan Bank & Trust Co., the second-largest lender in the country, said Friday it listed on the Philippine Dealings and Exchange Corp. the P23.7...
Banks maintained lending standards for loans to businesses and households in the third quarter, according to the latest Senior Bank Loan Officers’ Survey conducted...
Foreign portfolio investments or hot money yielded net outflows of $367 million in September, larger than the $86-million net outflows in August, the Bangko...
A former lawmaker on Thursday asked the government to double down on due diligence on potential government contractors amid the booming financial technology industry.
“The...
