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Archives

BSP, bank execs mull 3rd TDF tenor

MANILA— Regulators and bank officials are currently in talks over the possibility of introducing a third Term Deposit Facility (TDF) …

1st package to correct ‘long-standing inequity’ in PH tax system

MANILA— After more than 300 presentations about the gains of tax reforms, efforts of Department of Finance (DOF) officials were …

BPI issues ’17 Christmas holiday schedule

MANILA – – Branches of Ayala-led Bank of the Philippine Island (BPI) and its thrift banking arm, BPI Family Savings …

President Duterte vetoes 5 items in 1st tax reform package

MANILA – – Five items in the first package of tax reform were vetoed by President Rodrigo R. Duterte after …

Peso, PSEi finish week with gains

MANILA — Both the Philippine peso and the main stocks gauge finished the week with gains due to seasonal inflows …

Overseas Filipino Bank may start operations in February ’18

MANILA — Operations of the Overseas Filipino Bank, targeted for working Filipinos overseas, will likely start in February 2018 after …

PhilPaSS suspends ops on Dec. 26, Jan. 2

MANILA — Operations of Philippine Payments and Settlement System (PhilPaSS) will be suspended on December 26, 2017 and January 2, …

BSP, PCC sign pact to promote fairer competition among banks

MANILA – – Fair competition among banking industry players got a boost following the signing of a Memorandum of Agreement …

Gov’t set to revise upward export goal

MANILA —The inter-agency Development Budget Coordinating Committee (DBCC) is expected to announce on Friday an upward revision in the government’s …

Peso, PSEi up Thursday

MANILA — Signing into law of the first package of the Duterte administration’s tax reform program continues to boost the …

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