Banking & Insurance
Malayan Insurance partners with Dutch firm Atradius
Non-life insurer Malayan Insurance Co. Inc. has taken on Dutch firm Atradius Credito y Caucion S.A. de Seguros y Reaseguros, a trade credit insurer, as partner.
National Treasury seeks to raise P45B next week for budget support
The Bureau of the Treasury aims to raise a total P45 billion through the auction of treasury bills and bonds for budget support.
Finance chief wants lower GDP growth target, expects BSP rates to stay “higher for longer”
Finance Secretary Ralph Recto said late Thursday he will recommend a downgrade of the economic growth targets to the interagency Development Budget Coordination Committee, seeking to ease pressure on government finances amid geopolitical concerns and inflationary pressure that would keep interests rates "higher for longer.”
GSIS teams up with Maya to expand payment channels
The Government Service Insurance System (GSIS) has teamed up with Maya, the country’s only end-to-end digital payments company, making it the newest online payment option for GSIS loan borrowers.
20-year treasury bond rate eases to 6.189% at Tuesday’s auction
The Bureau of the Treasury on Tuesday decided to reissue the 20-year treasury bond due 2044 at an average rate of 6.189 percent, lower than the bond’s coupon due to strong demand for the debt paper.
