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Keisha Ta-Asan
Keisha Ta-Asan
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BSP to complete GCash probe next month
by Keisha Ta-Asan - November 21, 2024 - 12:00am
The Bangko Sentral ng Pilipinas expects to complete its investigation over unauthorized deductions on digital payments provider GCash by mid-December.
Pru Life maintains lead in annualized premiums
by Keisha Ta-Asan - November 21, 2024 - 12:00am
Pru Life UK continued to lead the insurance industry in terms of new business annualized premium equivalent in the third quarter amid strong market presence.
EastWest looking to sustain growth momentum in 2025
by Keisha Ta-Asan - November 21, 2024 - 12:00am
East West Banking Corp. is looking to sustain its current growth momentum in the fourth quarter and next year, focusing on long-term consistency, loan expansion and operational efficiency.
PSEi extends winning streak, peso hits 2-year low
by Keisha Ta-Asan - November 21, 2024 - 12:00am
Share prices sustained its rally, extending the market’s climb to a fourth consecutive session yesterday behind continued investor optimism on the Bangko Sentral ng Pilipinas’ potential rate cut.
BOP reverts to deficit
by Keisha Ta-Asan - November 21, 2024 - 12:00am
The country’s balance of payments position swung to a deficit of $724 million in October, ending three straight months of surplus, as the national government settled more foreign currency debt obligations,...
‘Inflation pressures may prompt BSP to pause’
by Keisha Ta-Asan - November 21, 2024 - 12:00am
The Bangko Sentral ng Pilipinas could hold rates steady next month if inflation pressures intensify, but it could also further lower borrowing costs to support sluggish growth, according to BSP Governor Eli Remolona...
Philippines, Cambodia set to sign double taxation deal in 2025
by Keisha Ta-Asan - November 20, 2024 - 12:00am
The governments of the Philippines and Cambodia are set to sign a bilateral agreement early next year aimed at preventing double taxation that would allow Filipino businesses to become more competitive abroad, the...
Insurance industry nets P40 billion in 9 months
by Keisha Ta-Asan - November 20, 2024 - 12:00am
The country’s insurance industry saw its net income inch up by 4.2 percent to P39.93 billion as of end-September, mainly driven by earnings from the non-life sector.
BSP, IMF concerned over risks tied to non-bank financial sector
by Keisha Ta-Asan - November 20, 2024 - 12:00am
The Bangko Sentral ng Pilipinas and the International Monetary Fund raised concerns over the growing risks tied to the expansion of the non-bank financial sector and emerging technologies.
Remolona: Another rate cut possible
by Keisha Ta-Asan - November 20, 2024 - 12:00am
The Bangko Sentral ng Pilipinas has signaled a possible interest rate cut in December, following the slower-than-expected economic growth in the third quarter and the within-target inflation print in October.
Citi lowers Philippines GDP forecast
by Keisha Ta-Asan - November 19, 2024 - 12:00am
Global banking giant Citi has lowered its economic growth projection for the Philippines this year, citing weaker-than-expected performance in the third quarter and the impact of weather disruptions that weighed...
Philippines pushes $1.3 trillion climate financing from rich nations
by Keisha Ta-Asan - November 19, 2024 - 12:00am
The Department of Finance is advocating for a yearly climate financing package of $1.3 trillion annually from developed countries to address mounting challenges posed by climate change.
DBM releases P5 billion to assist Filipinos in crisis
by Keisha Ta-Asan - November 19, 2024 - 12:00am
An additional P5 billion to support Filipinos recovering from crisis situations and natural disasters has been released by the Department of Budget and Management.
Enhanced PESO IRS market goes live
by Keisha Ta-Asan - November 18, 2024 - 12:00am
The enhanced PESO interest rate swap market is now operational, marking a significant step toward advancing capital market development and providing market participants with improved tools for managing interest rate...
BSP profit surges to P105 billion
by Keisha Ta-Asan - November 18, 2024 - 12:00am
The Bangko Sentral ng Pilipinas earned P105.6 billion from January to August, nearly five times higher than the P22.9 billion in the same period a year ago, amid higher revenues and lower spending.
Philippines pays less on foreign debts
by Keisha Ta-Asan - November 18, 2024 - 12:00am
The country’s debt service burden decreased to $8.68 billion as of end-August, mainly driven by the double-digit decline in principal payments, preliminary data released by the Bangko Sentral ng Pilipinas...
HSBC aims to be most respected bank in Philippines
by Keisha Ta-Asan - November 17, 2024 - 12:00am
HSBC Philippines, a long-standing player in the country’s financial landscape for nearly 150 years, is doubling down on its commitment to long-term client support and digital innovation.
‘Inflation to remain low until 2026’
by Keisha Ta-Asan - November 16, 2024 - 12:00am
Private sector economists expect inflation to remain stable over the next three years, with the rate expected to stay within the two to four percent target range of the Bangko Sentral ng Pilipinas (BSP) until 2...
PBCom profit grows 36% in 9 months
by Keisha Ta-Asan - November 15, 2024 - 12:00am
Lucio Co’s Philippine Bank of Communications booked an income growth of 36 percent to P1.85 billion in the first nine months from P1.36 billion in the same period in 2023 amid higher operating income.
Security Bank income jumps 12% to P8.5 billion
by Keisha Ta-Asan - November 15, 2024 - 12:00am
Security Bank Corp. booked a 12-percent jump in net income to P8.55 billion in the first nine months versus last year’s P4.83 billion amid higher revenues.
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