Dutch financial services giant ING is continuing to advance its €1.1 billion share buyback program while at the same time deepening its commercial engagement in the Philippines, reflecting a balance between returning capital to shareholders and pursuing growth opportunities in key Asian markets.
The Government Service Insurance System (GSIS) has released ₱81.34 million in fire insurance claims to the City Government of Manila for losses caused by the Pritil Market fire in Tondo.
The Bangko Sentral ng Pilipinas is extending key regulatory incentives designed to encourage banks to expand lending for green and climate-resilient projects.
Treasury bill yields slipped across the board at Monday’s auction as expectations of another policy rate cut this year gathered steam, buoyed by benign inflation and a softening economic outlook.