Banking & Insurance
Market volatility opens opportunities for fundamental investors – Manulife
Manulife Investment Management, the global wealth and asset management division of Manulife Financial Corp., has emphasized the economic and investment implications of the recent market volatility triggered by US President Donald Trump's reciprocal tariffs.
March 2025 foreign currency reserves decline
The Philippines' gross international reserves (GIR) stood at USD106.2 billion as at end-March this year, a slight decrease from the February 2025 level of USD107.4 billion, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP).
Mixed results at T-bill auction amid rate cut expectations
Average rates on Treasury bills were mixed in Monday's auction, with six-month and 12-month debt papers seeing a softening of yields due to expectations of further rate cuts by the Bangko Sentral ng Pilipinas (BSP). However, uncertainty continued to push yields on three-month bills higher.
Maya in retail network payments pact with Pepsi-Cola PH
Maya, the leading digital bank and payments processor in the Philippines, has partnered with Pepsi-Cola Products Philippines, Inc. (PCPPI) to introduce a transformative digital payment and financing initiative for PCPPI’s expansive network of over 200,000 distributors and retailers, including local sari-sari stores.
BSP projects moderate March inflation, highlighting economic stability
The Bangko Sentral ng Pilipinas (BSP) has forecast March 2025 inflation to range between 1.7 percent and 2.5 percent, signaling a balanced outlook despite pressures from certain key commodities.
