Banking & Insurance
RCBC Wealth named PH’s Best for Succession Planning
Rizal Commercial Banking Corp. (RCBC) has been named as the Philippines' Best for Succession Planning in Euromoney’s Private Banking Awards.
Through RCBC Wealth’s comprehensive approach to succession...
Business chiefs ask Malacanang to suspend Philhealth contribution hike
Business leaders petition the Marcos administration to suspend the increase in contribution to the Philippine Health Insurance Corporation (Philhealth) indefinitely until complaints against the...
February foreign currency reserves settles at USD102.7B
The country’s gross international reserves (GIR), based on preliminary data, settled at USD102.7 billion as of end-February 2024 from the end-January 2024 level of USD103.3 billion.
Foreign brokers dance around securities regulations offering Filipinos investment instruments sans SEC approval
Foreign brokers have subverted domestic securities regulations by offering investment products online without proper Securities and Exchange Commission (SEC), forcing government agencies in recent weeks to block certain websites and mobile phone applications.
BSP governor rules out easing rates ‘soon’
The central bank governor on Wednesday ruled out rate cuts anytime soon due to upside inflation risks and signaled that borrowing costs will remain higher for longer.
